Troy Minerals Inc. (CNSX:TROY) signed a letter of intent to acquire CBGB Ventures Corp. on June 6, 2024. The consideration includes 6,488,303 common shares and 6,488,303 special warrants of the Company.

The closing of the Transaction is subject to CSE approval, the parties negotiating and executing definitive documentation, the satisfactory completion of due diligence by the Company and the receipt of all other necessary consents and approvals, among other conditions that are typical for a transaction of this nature.