Nexcel Metals to Acquire 180 New Brunswick Mineral Claims From Northex for 1,000,000 Shares
Bitget2026/10/16 12:03- Nexcel Metals agreed to acquire a 100% interest in 180 mineral claims in New Brunswick from Northex Capital Partners.
- The claims cover 3,994 hectares in York County, adjoining the buyer's Burnt Hill Tungsten Project.
- Consideration comprises 1,000,000 common shares at a discounted deemed price of $0.472 per share.
- Northex will retain no royalty, stream or other continuing interest in the claims following closing.
- Closing is expected within five business days of the agreement, subject to CSE acceptance, no later than October 31, 2026.
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