Granite Creek Copper Ltd. agreed to acquire Star Cu-Ni-Platinum Group Metal Project in British Columbia, Canada from Ursula Mowat for CAD 0.05 million.

Granite Creek Copper Ltd. (TSXV:GCX) agreed to acquire Star Cu-Ni-Platinum Group Metal Project in British Columbia, Canada from Ursula Mowat for CAD 0.05 million on August 24, 2022. Granite Creek will secure a 100% interest in the project, with no underlying royalty or further obligation, for a total consideration of CAD 10,000 and the issuance of 500,000 common shares of Granite Creek Copper to the estate of Ursula Mowat. The issued shares will have a hold period of 4 months plus one day from the date of issuance.

The transaction is subject to TSX Venture approval. The transaction is expected to close on or about August 30, 2022.