Idaho Champion Gold Mines Canada Inc. completed the acquisition of 266 Claims Located in Pegmatite-Rich Eeyou Istchee James Bay Territory of Quebec.
Idaho Champion Gold Mines Canada Inc. (CNSX:ITKO) completed the acquisition of 256 Claims Located in Pegmatite-Rich Eeyou Istchee James Bay Territory of Quebec on July 16, 2023. Upon closing of the transactions, the Company will now control a 846 contiguous claims covering 432 km2 in the La Grande Greenstone Belt, rich in lithium pegmatite. The Company acquired 256 claims in the James Bay Area for cash consideration of CAD 0.07 million and issued 3,500,000 shares and 1,500,000 common purchase warrants priced at CAD 0.15 for two years from the date of signing of the Definitive Purchase and Sale Agreement and claims transfer.