M&A
confidence high
sentiment positive
materiality 0.55
ATHENA GOLD CORP (AHNRF): M&A transaction — Athena Gold acquires historic Blue Dick Mine for $45,000 and 3% NSR
ATHENA GOLD CORP
- Acquisition expands Excelsior Springs Project to 1,675 hectares (4,140 acres) in Walker Lane Trend, Nevada.
- Total consideration: $45,000 cash plus 3% NSR; $10,000 paid, $15,000 due July 1, $20,000 due Aug 1, 2024.
- CEO John Power provides $100,000 unsecured loan via promissory note at 6% interest, due Jan 2, 2026.
- Issues 600,000 bonus shares at CDN $0.05 to directors/CFO; settles $15,000 debt with 300,000 shares.