Chibougamau Independent Mines Inc. informed shareholders that TomaGold Corporation have announced that they are finalizing the financing to acquire Chibougamau's East Block of copper-gold properties. In order to allow TomaGold to complete the complicated procedures of legal and regulatory paperwork and approvals, Chibougamau has extended the date to finalize the transaction to April 30, 2024. Apart from the purchase price which has been adjusted upward by $500,000, both Chibougamau Independent Mines, and Globex Mining Enterprises Inc. will each retain a 2% Gross Metal Royalty on all the East Block claims subject to a 0.5% buyback option.