Canstar Resources Inc. entered into a binding purchase agreement to acquire Bernards Pond Claims and Roti Bay Claims in South-Central Newfoundland for CAD 0.03 million.

Canstar Resources Inc. (TSXV:ROX) entered into a binding purchase agreement to acquire Bernards Pond Claims and Roti Bay Claims in South-Central Newfoundland for CAD 0.03 million on August 15, 2022. The Vendors transferred to Canstar their beneficial interest in the Bernards Pond Claims and Roti Bay Claims, subject to the Royalty, in consideration for the issuance of a total of 0.25 million common shares of Canstar to the Vendors. The closing of the acquisition of the Bernards Pond Claims and Roti Bay Claims is subject to the final acceptance of the TSX Venture Exchange.