ONGold Resources acquires Manitoba's Monument Bay and Domain Projects, boosting gold exploration presence.
Northern Superior Resources Inc.'s subsidiary, ONGold Resources Ltd., has agreed to acquire the Monument Bay Gold Project and Domain Project in Manitoba, Canada. Upon closing, Agnico Eagle Mines Limited will own 15% and Northern Superior will own 62% of ONGold. The acquisition includes historic gold resources and strengthens ONGold's exploration presence in Northern Ontario. The deal includes $250,000 in cash and 8.7 million ONGold shares, with potential future payments.
November 25, 2024
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