Golden Sun Mining Corp. (OTCPK:GSUX.F) entered into an asset purchase agreement to acquire Green Energy Project from Beta Energy Corp on November 4, 2021. On and subject to the conditions set forth in the definitive agreement, the company will issue to Beta: (i) an initial 1,000,000 common shares, at a deemed price of $0.25 per initial consideration share; and (ii) at any time within twenty-four months following the closing date of the acquisition, an additional $950,000 worth of common shares which additional consideration shares will be issued in one or more tranches at a deemed price equal to, at the time of issuance, the volume weighted average price per common share on any recognized stock exchange on which the common shares may then be listed over the ten days prior to such issuance, or, if the common shares are not listed on any stock exchange, then at a deemed price to be determined in good faith by the directors of the company. The initial consideration shares and additional consideration shares will be subject to leak out restrictions whereby Beta shall be not be able to sell or trade such common shares until the date that is six months from each respective issuance date, as well as be subject to hold periods as prescribed by applicable securities laws.

Golden Sun Mining Corp. completed the acquisition of Green Energy Project from Beta Energy Corp on January 6, 2022.