GSP Resource Corp. agreed to acquire The Mer Claims in the Highland Valley Copper Camp from Dylan Adam for $0.016 million.

GSP Resource Corp. (TSXV:GSPR) agreed to acquire The Mer Claims in the Highland Valley Copper Camp from Dylan Adam for $0.016 million on April 16, 2024. As part of consideration $0.01 million cash payment and the issuance of 100,000 commons shares of GSP within 10 days of TSXV Exchange acceptance of the Agreement.

The seller of the claims will retain a 1.0% Net Smelter Return (?NSR?) Royalty with a buyback option for the Company of C$500,000. All GSP common shares issued pursuant to the Agreement will be subject to a hold period of four months and one day from the closing date.