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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
M&A / Property

Lara Exploration acquires four million Golcap shares

By The Northwire Desk — AI Analysis Mar 23, 2026 · 21:00 LRA · 3.11 Lara Exploration Ltd.
LRA · Price

Executive Summary

  • Lara Exploration Ltd. acquired 4 million common shares of Golcap Resources Corp., representing a 12.55% ownership stake, at a deemed price of $0.25 per share.
  • The shares are held in escrow and may be returned to treasury or cancelled under the terms of the option agreement.
  • This acquisition triggers an early‑warning filing under NI 62‑103 and is disclosed for regulatory compliance.

Key Details

  • Acquisition Size: 4,000,000 common shares of Golcap Resources Corp.
  • Ownership Percentage: 12.55% of Golcap’s issued and outstanding common shares post‑closing.
  • Deemed Purchase Price: $0.25 per common share (total implied value = $1.0 million).
  • Transaction Structure: Shares were acquired in connection with the closing of a property option agreement; they are held in escrow pending fulfillment of specific conditions.
  • Potential Future Actions: Shares may be returned to Golcap’s treasury and cancelled, or Lara may acquire/dispose additional securities based on market assessment and regulatory requirements.
  • Regulatory Filing: Early warning report filed under Section 3.1 of National Instrument 62‑103; available on Golcap Resources’ SEDAR+ profile.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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