M3 Metals Corp. (TSXV:MT) entered into an agreement to acquire G-South Property Located in Central Cariboo Region of South Central British Columbia.

M3 Metals Corp. (TSXV:MT) entered into an agreement to acquire G-South Property Located in Central Cariboo Region of South Central British Columbia on April 21, 2022. Pursuant to the agreement, the vendor is to receive a total of CAD 0.02 million and 2,000,000 common shares as consideration for the purchase of 100% interest in the G-South Property. In addition, the company will pay a 2% net smelter return royalty to the vendor on the commencement of commercial production. The company will have the right, at any time prior to the commencement of commercial production, to purchase 50% of the NSR for CAD 1 million. The transaction is subject to the approval of company's filings with the TSX Venture Exchange.