Big Gold Inc. (CNSX:BG) acquired 237 mineral claims covering an additional 6,100 hectares in kenora Mining District of Ontario for CAD 0.08 million on October 18, 2022. As for consideration, Big Gold Inc. (CNSX:BG) issued 2,000,000 common shares. Big Gold Inc. is obligated to pay a 2% net smelter royalty (ôNSRö) on the property and has the right to purchase 1% of the NSR in return for paying CAD 1,000,000.
Big Gold Inc. (CNSX:BG) completed the acquisition of 237 mineral claims covering an additional 6,100 hectares in kenora Mining District of Ontario on October 18, 2022.