Quartz Mountain Resources Ltd. (TSXV:QZM) entered into a purchase agreement to acquire Jake mineral property from United Mineral Services Limited for CAD 0.2 million on November 5, 2021. The total cash consideration shall be paid CAD 50,000 immediately on the date of receipt of TSX Venture Exchange conditional approval of this transaction, CAD 50,000 on or before the date that is six months after the TSX-V approval, CAD 50,000 on or before the date that is twelve months after the TSX-V approval and CAD 50,000 on or before the date that is eighteen months after the TSX-V approval. The transaction is subject to the approval of TSX Venture Exchange.

Quartz Mountain Resources Ltd. (TSXV:QZM) completed the acquisition of Jake mineral property from United Mineral Services Limited on August 1, 2023.