Sylla Gold Corp. entered into a share purchase agreement to acquire 95% stake in Four gold prospective properties encompassing 2,788 square kilometers from Namibia Critical Metals Inc. for CAD 0.2 million.

Sylla Gold Corp. (TSXV:SYG) entered into a share purchase agreement to acquire 95% stake in Four gold prospective properties encompassing 2,788 square kilometers from Namibia Critical Metals Inc. (TSXV:NMI) for CAD 0.2 million on March 4, 2024. As consideration for the acquisition, the Sylla Gold Corp.

shall issue to NMI 3 million common shares at a deemed issuance price of CAD 0.05 per common share and (ii) make a cash payment to NMI of CAD 0.1 million. Closing is subject to the satisfaction (or waiver) of a number of conditions precedent, including, but not limited to receipt of all regulatory approvals and the acceptance of the TSX Venture Exchange. As of June 13, 2024, the closing date of the transaction has been amended and extended to no later than August 31, 2024.