---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-009127"
form_type: "8-K"
ticker: "AHNRF"
cik: "0001304409"
company_name: "ATHENA GOLD CORP"
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:15:49.249265+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Athena Gold to issue 16.5M shares to Eric Sprott entity for 10M Nubian Resources shares

## Summary
- Athena acquires 10M Nubian Resources shares from company controlled by Eric Sprott, paying 16,546,669 Athena shares.
- Athena will become insider of Nubian, owning ~15.79% of Nubian on a non-diluted basis.
- Nubian holds 55M Athena shares and a royalty on Athena's Excelsior Springs project; transaction termed strategic.
- Closing expected December 29, 2023, subject to CSE approval; issued shares subject to 4-month+1-day hold.

## SEC filing metadata
- accession: 0001683168-23-009127
- form_type: 8-K
- ticker: AHNRF
- cik: 0001304409
- company_name: ATHENA GOLD CORP
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1304409/000168316823009127/0001683168-23-009127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1304409/000168316823009127/athenagold_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-009127
- JSON: https://secwatch.observer/filing/0001683168-23-009127.json
- Plain text: https://secwatch.observer/filing/0001683168-23-009127.txt

## Key facts
- Material Agreements
  ATHENA GOLD CORP entered into Share Purchase Agreement with 176423 Ontario Ltd. valued at 16,546,669 common shares (effective 2023-12-22).
  - Action: entry
  - Counterparty: 176423 Ontario Ltd.
  - Value: 16,546,669 common shares
  - Effective: 2023-12-22
  source text: On December 22, 2023 Athena Gold Corporation (the "Company") entered into a Share Purchase Agreement (the "SPA") with 176423 Ontario Ltd. (the "Vendor") to acquire 10,000,000 common shares in the capital of Nubian Resources Ltd. (the "Nubian Shares"), a company listed on the TSX Venture Exchange.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1304409/000168316823009127/0001683168-23-009127-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.