Bold Ventures signs LOI to sell 38 Burchell claim units to Gold X2 for C$500,000 cash, 150,000 shares

Bitget2026/09/21 12:05

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Bold Ventures signed a binding LOI to sell 38 mining claim units on the Burchell property to Gold X2.
Consideration totals C$500,000 cash, 150,000 Gold X2 common shares valued about C$1.25 million, and a 2% NSR royalty.
Gold X2 can buy back half the royalty for C$1 million; the claims carry an existing 3% NSR, half buyback for C$2.5 million.
The claims cover about 6.5 sq km; the deal remains subject to definitive agreements and TSX Venture Exchange clearance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bold Ventures Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609210800NEWSFILECNPR____20260921_315110_1) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bold Ventures signs LOI to sell 38 Burchell claim units to Gold X2 for C$500,000 cash, 150,000 shares

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