Rocky Shore Gold Completes Key Property Transactions

Rocky Shore Gold Ltd., a Canadian junior exploration company, has finalized the acquisition of the Springdale Property and fulfilled the initial payment for the Handcamp Property under its Option Agreement. Through its subsidiary, Rocky Shore paid $30,000 in cash and issued 285,000 common shares to complete the Springdale transaction. Sellers retain a 2.5% net smelter return (NSR) royalty, with a buyback option for a portion of it.

The Handcamp Option Agreement required Rocky Shore to pay $150,000 and issue 1,360,544 common shares. The shares related to both agreements are under a hold period until January 30, 2027. Rocky Shore is actively developing its Gold Anchor Project and Rocky Pond VMS Project in Newfoundland, with strategic financial backing under the Junior Exploration Assistance program.