Crest Resources Inc. (CNSX:CRES) entered into an agreement to acquire Richard Copper Project in Quebec from UrbanGold Minerals Inc. (TSXV:UGM) for CAD 0.005 million on December 21, 2020. The Richard Copper Project is subject to an existing 1% net smelter return royalty and will be acquired in consideration for 50,000 common shares of Crest, which shares are subject to a statutory four month hold period from the date of issue.