MegumaGold Corp. (CNSX:NSAU) entered into a definitive agreement to acquire Substantially All of the Assets of Canadian GoldCamps Corp. for CAD 7.5 million on January 4, 2021. All of the Assets of Canadian GoldCamps Corp will include and the associated working capital in exchange for securities of MegumaGold Corp. the sale price for Canadian GoldCamps' assets will be comprised of 1.1 shares of MegumaGold multiplied by 75.4 million common shares as fully paid and non-assessable at an attributed price of $0.105 per payment share each one issued and outstanding share of Canadian GoldCamp as of November 16, 2020. In addition, all outstanding options and warrants of Canadian GoldCamps that have not been duly exercised prior to the closing of the transaction will be exchanged for options and warrants of MegumaGold. The Proposed Transaction will be subject to approval by a special resolution of 66 2/3% of Canadian GoldCamps shareholders. Upon the shareholders approval of the transaction, Canadian GoldCamps intends to distribute the Consideration received from MegumaGold directly to its shareholders and Canadian GoldCamps then intends to delist from the Canadian Securities Exchange. Securities which are distributed to Canadian GoldCamps shareholders will be subject to a total of a four-month and one-day hold period from the date of closing of the transaction.

MegumaGold Corp. (CNSX:NSAU) completed the acquisition of Substantially All of the Assets of Canadian GoldCamps Corp. for CAD 8.4 million on March 30, 2021. All of the Assets of Canadian GoldCamps Corp will include and the associated working capital in exchange for securities of MegumaGold Corp. the sale price for Canadian GoldCamps' assets will be comprised of 1.1 shares of MegumaGold multiplied by 82.9 million common shares as fully paid and non-assessable.