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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
M&A / Property

Cameo Resources completes Kempton acquisition

By The Northwire Desk — AI Analysis Oct 22, 2025 · 17:48 MEQ · 197 Mainstreet Equity Corp
MEQ · Price

Executive Summary

  • Cameo Resources Inc. completed a securities exchange to acquire 100 % of the Kempton gold project in Tanzania from 1315418 B.C. Ltd. (Privco).
  • The consideration was seven million (7,000,000) newly issued common shares priced at C$0.1125 per share.
  • Issued shares are subject to a four‑month‑plus trading restriction.

Key Details

  • Transaction Structure: Arm’s‑length securities exchange agreement dated September 29, 2025; closed on October 10, 2025.
  • Consideration: Seven million (7 M) common shares issued to Privco shareholders at a deemed price of C$0.1125 per share, representing the full purchase price for 100 % of Privco’s outstanding shares and associated Kempton gold property rights.
  • Asset Acquired: 100 % right, title and interest in the Kempton Gold Project located in the Geita region of Tanzania.
  • Trading Restrictions: Shares issued as consideration are restricted from trading for four months and one day following issuance.
  • Counterparty: 1315418 B.C. Ltd., a British Columbia‑incorporated company (Privco).

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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