Northwire Canada EditionFriday, November 13, 2026
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Gold 3,877.00 −0.2% Silver 48.73 −2.7% Copper 6.08 −1.9% Oil 88.82 +0.1% Palladium 1,002.75 +1.1% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.78 −2.4% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.11 −2.6% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.45 −3.1% OBUL 0.345 +0.0% MKO 10.47 −3.2% SGML 7.33 +3.5% Gold 3,877.00 −0.2% Silver 48.73 −2.7% Copper 6.08 −1.9% Oil 88.82 +0.1% Palladium 1,002.75 +1.1% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.78 −2.4% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.11 −2.6% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.45 −3.1% OBUL 0.345 +0.0% MKO 10.47 −3.2% SGML 7.33 +3.5%
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Nevada Organic Phosphate Announces Acquisition of Net Smelter Return Royalty

NOP · Price

Executive Summary

  • Nevada Organic Phosphate Inc. signed an NSR Purchase Agreement to acquire 100 % ownership of its Murdock Mountain Project by cancelling a 2 % net smelter royalty and related payment obligations.
  • The transaction consideration is US$50,000 plus the issuance of 1,000,000 common shares (subject to CSE approval), with the shares subject to a four‑month hold period.
  • Removal of the NSR liability provides the company greater strategic flexibility, including potential joint‑venture formations.

Key Details

  • Agreement Date: December 11, 2025.
  • Counterparty: Montecinos Family Trust (Vendor).
  • Consideration Paid: US$50,000 cash.
  • Equity Issuance: 1,000,000 common shares of Nevada Organic Phosphate Inc., pending CSE approval.
  • Hold Period on Shares: Four months and one day from issuance, per securities legislation and CSE policy.
  • Royalty Cancelled: 2 % net smelter return royalty and all outstanding payment obligations to the Vendor.
  • Resulting Ownership: Company now holds 100 % of the Murdock Mountain Project.
  • Strategic Impact: Enhanced flexibility to execute its strategic plan, including possible formation of joint ventures with arm‑length parties.
  • No Finder’s Fees: The transaction does not involve any finder’s fees.

Notable Quotes

(None provided in the release)

Read the original news release →

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