Gold Hunter Resources Inc. (CNSX:HUNT) entered into a property purchase agreement to acquire 28 mineral claim licenses in Planet X Property from Neal Blackmore, Bill Kennedy, G2B Gold Inc. and Grassroots Prospecting & Prospect Generation Inc. for CAD 0.23 million on July 12, 2023. Under the terms of the agreement, Gold Hunter Resources will issue 1,200,000 common shares to the Planet X Vendors (the ?Planet X Shares?) on Closing. The Planet X Vendors will retain a 2% net smelter returns royalty (NSR) on the Planet X Property. The Company holds the right to buy back 50% of the NSR at any time for CAD 1 million. In addition, the Company holds a right of first refusal in connection with any proposed sale or transfer of the NSR by the Planet X Vendors. The transaction is subject to applicable regulatory approvals and is expected to close within ten days.

Gold Hunter Resources Inc. (CNSX:HUNT) completed the acquisition of 28 mineral claim licenses in Planet X Property from Neal Blackmore, Bill Kennedy, G2B Gold Inc. and Grassroots Prospecting & Prospect Generation Inc. on July 24, 2023.