Deeprock Minerals Inc. (CNSX:DEEP) entered into a purchase agreement to acquire Prospective exploration property in Romania?s Apuseni Mountains Zapozilor Polymetallic Gold Project from Augustine Trading Professionals SRL for CAD 1.5 million on August 31, 2021. The purchase agreement?s key terms for Deeprock Minerals Inc., to acquire 100% right, title and ownership interest in the property and exploration license include: Cash payment of CAD 0.275 million on signing; issuance of 9 million common shares of Deeprock Minerals Inc., to the vendor when the exploration license is granted to Deeprock Minerals Inc., or its subsidiary; Bonus shares - issuance of an additional 9 million common shares of Deeprock Minerals Inc., to the vendor upon the acceptance for filing of an independent resource estimate of no less than one million ounces of gold with a minimum cut-off grade of 1 gpt in accordance with NI 43-101; 2% Net Smelter Royalty (?NSR?) payable to the Vendor whereby Deeprock Minerals Inc., can purchase or buy back each half (or 1%) of NSR for CAD 1 million. No third-party finder fees are applicable.

Deeprock Minerals Inc. (CNSX:DEEP) Cancelled the acquisition of Prospective exploration property in Romania?s Apuseni Mountains Zapozilor Polymetallic Gold Project from Augustine Trading Professionals SRL on July 25, 2023.