Gemxx Corp. (OTCPK:GEMZ) signed a binding Letter of Intent to acquire 50% stake in The Yukon Gold Project Property in Canada from Richard Clowater on September 26, 2023. GEMXX expects to pay to the vendor, on closing of the proposed transaction, a combination of cash and common shares of GEMXX.

The transaction is subject to due diligence and prepare a Definitive Purchase Agreement.