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WildSky Resources signs LOI to buy 100% of NewRidge Gold Project in Zimbabwe

PUBT·10/02/2026 13:02:14
語音播報
WildSky Resources signs LOI to buy 100% of NewRidge Gold Project in Zimbabwe
  • WildSky Resources signed a binding LOI dated Oct. 1, 2026 to buy 100% of Zimbabwe’s NewRidge Gold Project.
  • Deal includes assuming an option over three adjacent mining claims covering about 300 hectares in Manicaland Province.
  • Consideration totals USD 3 million cash tied to milestones, plus 11,000,000 common shares issued to seller Golden Cube.
  • Transaction grants a 60-day exclusive due diligence period, with closing subject to TSXV approval under a fundamental acquisition review.
  • Company terminated prior Zimbabwe transactions, including the Phoenix LOI, with Phoenix set to repay a USD 255,000 loan.


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. WildSky Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610020900NEWSFILECNPR____20261002_317039_1) on October 02, 2026, and is solely responsible for the information contained therein.