Sky Gold Corp. (TSXV:SKYG) agreed to acquire Horne and Laurie Property in Northwestern Ontario for CAD 0.33 million on April 12, 2023. The consideration consists of 1 million shares of Sky Gold and CAD 0.225 million in cash and incur exploration expenditures of CAD 0.5 million over a 4-year period. Sky Gold will additionally grant a 2.0% Royalty. Advance Royalty Payments of CAD 0.02 million are due annually to the vendors between years 7 and 10 of the agreement. 1.0% of the Royalty can be bought back from the vendors before the 5th anniversary for CAD 0.5 million. The remaining 1.0% of the Royalty can be bought back before the 10th anniversary, for the sum of CAD 2.5 million. In a related transaction, Sky Gold Corp. acquired Horne Property with identical agreement terms. The transaction is subject to TSX Venture approval.

Sky Gold Corp. (TSXV:SKYG) acquired Horne and Laurie Property in Northwestern Ontario on May 2, 2023. The TSX Venture Exchange has accepted for filing with respect to its previously announced arm-length acquisition.