Link Natural Resources FZC signed a letter of intent to acquire 50% interest in Guadalupe Property from First Mexican Gold Corp. (TSXV:FMG) for $8 million on September 22, 2015. As per the consideration, Link Natural Resources FZC will pay a cost recovery payment to First Mexican Gold Corp for $2 million, and $6 million for further advancement of other high priority targets on the property and necessary funding to permit and advance the Karen zone deposit into commercial production. Link Natural Resources FZC and First Mexican Gold Corp. will create a joint venture company in order to complete the 50/50 JV, with First Mexican to remain and designated as operator. The agreement is subject to a 30 day exclusive due diligence period. As of October 13, 2015, Link Natural Resources FZC signed a definitive agreement to acquire 50% interest in Guadalupe Property from First Mexican Gold Corp. (TSXV:FMG). The terms of the definitive agreement will be subject to the approval of the TSX Venture Exchange. As on November 30, 2015, Link Natural will pay $5 million in scheduled payments within the first year to provide the necessary funding to permit and advance work on the Karen zone, $1 million towards concurrent exploration work and cost recovery consideration of $2 million to First Mexican. Link Natural Resources also made a payment of non-refundable $0.1 million to secure exclusive stand still during due diligence period of 30 days. Link Natural Resources FZC cancelled the acquisition of 50% interest in Guadalupe Property from First Mexican Gold Corp. (TSXV:FMG) on April 23, 2018.