StrikePoint Gold Inc. (TSXV:SKP) signed a purchase and sale agreement to acquire Cuprite Gold Project from Orogen Royalties Inc. (TSXV:OGN) for $0.37 million on January 20, 2023. Pursuant to the Agreement, StrikePoint will acquire a 100% interest in the Cuprite Gold Project by issuing 6,428,571 common shares of StrikePoint with a deemed value of $450,000, reimbursing $35,208 on project related costs, and granting a 3% NSR royalty to Orogen, whereby 0.5% of the NSR royalty can be purchased for $2.5 million. Orogen will also retain a 1.5% NSR royalty on any after acquired internal claims held by third parties.

The Agreement is subject to the approval of the TSX Venture Exchange.

StrikePoint Gold Inc. (TSXV:SKP) completed the acquisition of Cuprite Gold Project from Orogen Royalties Inc. (TSXV:OGN) on February 27, 2023.