sur Eagle Plains Resources Ltd. (CVE:EPL)
Eagle Plains Modifies Gold Royalty Portfolio Deal
Eagle Plains Resources Ltd. has amended its August 12, 2025 news release, regarding a transaction with Trident Resources Corp. The deal involves four non-core claim blocks in Saskatchewan, totaling 16,245 hectares, and falls under a non-arm's-length agreement. The projects are situated in the La Ronge Gold Belt, adjacent to Trident's properties.
Under the agreement terms, Trident gains a 100% interest in these properties for a cash payment of $14,730, with Eagle Plains retaining a 2% Net Smelter royalty. The transaction, a related party agreement, involves Tim Termuende, who holds director roles in both companies.
Eagle Plains used exemptions from certain formal requirements under regulatory policies due to the nature of the agreement. TSX Venture Exchange's acceptance of the deal is pending. Charles C. Downie, a qualified person, has approved the technical details of the release.
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