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Quimbaya Gold grants 37 Capital option to buy Berrio project for up to US$3.75 million

PUBT·08/19/2026 11:05:17
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Quimbaya Gold grants 37 Capital option to buy Berrio project for up to US$3.75 million
  • Quimbaya Gold granted 37 Capital an exclusive 12-month option to buy the non-core Berrio project in Antioquia, Colombia.
  • Total consideration could reach USD 3.75 million in cash and shares if the option is exercised.
  • Terms include USD 250,000 in non-refundable deposits during the option period.
  • If exercised, Quimbaya would receive 7,600,000 37 Capital shares, equal to about 19.9% of the buyer, at C$ 0.1 each.
  • Proceeds would be directed to exploration at the Tahami project and general working capital; Quimbaya keeps Berrio if the option lapses.


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. Quimbaya Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608190700NEWSFILECNPR____20260819_310368_1) on August 19, 2026, and is solely responsible for the information contained therein.