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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 Routine +

UraniumX Discovery Corp Closes Option Agreement with Gold'n Futures

By The Northwire Desk — AI Analysis Jun 17, 2026 · 07:30 STMN · 0.105 UraniumX Discovery Corp.
STMN · Price

Executive Summary

  • UraniumX Discovery Corp. has closed its option agreement with Gold'n Futures Mineral Corp. to acquire a 100% interest in the NeoCore Uranium Property located in Saskatchewan's Athabasca Basin.
  • In connection with the closing, UraniumX received 580,000 common shares of Gold'n, with additional earn-out shares, cash payments, and exploration expenditures required over a 36-month period.
  • UraniumX will retain a 2.0% net smelter returns (NSR) royalty and act as the property operator during the option period, while the received Gold'n shares are subject to statutory and exchange-imposed resale restrictions.

Key Details

  • Transaction Type: Closing of amended option agreement to acquire 100% interest in the NeoCore Uranium Property.
  • Counterparty: Gold'n Futures Mineral Corp. (CSE:FUTR).
  • Initial Consideration: 580,000 common shares of Gold'n issued to UraniumX upon closing.
  • Earn-out Structure: Over a 36-month period, Gold'n must issue up to an aggregate of 11,580,000 additional common shares, make aggregate cash payments of $550,000, and incur $2,750,000 in exploration expenditures on the Property.
  • Share Issuance Cap: Subsequent share tranches are limited to prevent UraniumX from holding more than 19% of Gold'n's issued and outstanding shares at the time of each issuance.
  • Royalty Retention: UraniumX retains a 2.0% net smelter returns (NSR) royalty on the Property.
  • Operator Role: UraniumX will act as the operator of the Property throughout the option period.
  • Resale Restrictions: Gold'n shares received are subject to a 4-month-1-day statutory hold period and CSE resale restrictions; shares will not be freely tradeable until the later of (i) four months from issuance, or (ii) 10 days following the filing of a NI 43-101 technical report on the Property.
  • Property Details: Six mineral claims covering approximately 13,012 hectares in the eastern Athabasca Basin, ~65 km southeast of the McArthur River mine. Benefits from nearby infrastructure (processing facilities, power, all-season roads). No mineral resource has been defined.
  • Transaction Terms: Parties are arm's length; no finder's fees are payable.

Notable Quotes

  • No direct quotes from company executives were included in the release.
Read the original news release →

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