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GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
M&A / Property

Cameo Acquires a 100% Interest in the Kempton Gold Project In Tanzania

By The Northwire Desk — AI Analysis Oct 22, 2025 · 08:30 MEO · 0.17 Cameo Resources Inc.
MEO · Price

Executive Summary

  • Cameo Resources Inc. closed a securities exchange agreement to acquire 100% of the Kempton Gold Project in Tanzania from 1315418 B.C. Ltd. (“PrivCo”).
  • The consideration is 7 million common shares issued at a deemed price of $0.1125 per share, subject to a four‑month trading restriction.
  • The transaction was announced on October 10, 2025 and finalized on October 22, 2025.

Key Details

  • Transaction Structure: Arms‑length Securities Exchange Agreement dated September 29, 2025; closing occurred October 22, 2025.
  • Consideration: 7 million Cameo common shares issued to PrivCo shareholders at a deemed price of $0.1125 per share (aggregate implied value ≈ $787,500).
  • Ownership Transfer: 100% right, title, and interest in the Kempton Gold Project transferred to Cameo Resources Inc.
  • Trading Restriction: Shares issued as consideration are restricted from trading for four months and one day following issuance.
  • Target Asset: Kempton Gold Project located in the Geita region of Tanzania.
  • Counterparty: 1315418 B.C. Ltd., a British Columbia‑incorporated company (PrivCo).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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