Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
M&A / Property

Golden Age investor Reynolds acquires 1.5M units

GDN · Price

Executive Summary

  • Purchaser, through Mineral Road Partners Inc., acquired 1.5 million units of Golden Age Exploration Ltd. at C$0.05 per unit for a total consideration of $75,000.
  • The acquisition raises the purchaser’s stake to 15.83 % of outstanding common shares (23.22 % on a fully‑diluted basis if all warrants are exercised).
  • Each unit includes one common share and one share purchase warrant exercisable at C$0.065 for two years from issuance; the transaction is disclosed in an early‑warning filing to be posted on SEDAR+.

Key Details

  • Transaction Date: 21 Jan 2026 (private placement).
  • Units Acquired: 1,500,000 units at C$0.05 per unit → total cash consideration of $75,000.
  • Warrant Structure: Each unit = 1 common share + 1 share purchase warrant; exercise price C$0.065; term = 2 years from issuance.
  • Pre‑transaction Holding: 970,000 common shares (9.42 % of 10,300,001 outstanding).
  • Post‑transaction Holding: 2,470,000 common shares (15.83 % of 15,600,001 outstanding) plus 1,500,000 warrants.
  • Fully‑Diluted Potential Ownership: 3,970,000 common equivalents → 23.22 % of outstanding shares if all warrants exercised.
  • Reporting: Early warning report dated 22 Jan 2026 to be filed on SEDAR+; copies available from purchaser at Suite 151, 1290 Howe St., Vancouver, B.C. (tel 778‑819‑2709).

Notable Quotes

(No quotes provided in the release.)

Read the original news release →

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