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GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0% GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0%
M&A / Property

Castlecap Capital cancels LOI with Gold Road

By The Northwire Desk — AI Analysis Nov 04, 2025 · 23:01 CSTL · 0.045 Castlecap Capital Inc
CSTL · Price

Executive Summary

  • Castlecap Capital Inc. announces the termination of the Letter of Intent (LOI) previously announced on September 30, 2025, regarding a potential transaction with Gold Road Inc.
  • As part of the termination agreement, Gold Road Inc. will issue a break fee consisting of 200,000 common shares to Castlecap Capital.
  • The common shares of Castlecap Capital are expected to resume trading on the TSX Venture Exchange following this announcement.

Key Details

  • Transaction Status: The Letter of Intent (LOI) between Castlecap Capital Inc. and Gold Road Inc. (dated Sept. 26, 2025, as amended) has been terminated by both parties in accordance with its terms.
  • Break Fee Terms: Gold Road Inc. will issue 200,000 common shares to Castlecap Capital as a break fee.
  • Valuation of Break Fee: The 200,000 shares are issued at the deemed fair market value of such securities.
  • Share Restrictions: The issued securities carry applicable resale restrictions and legends pursuant to applicable securities laws.
  • Trading Status: Castlecap Capital's common shares will resume trading on the TSX Venture Exchange.

Notable Quotes

  • None provided in the text.
Read the original news release →

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Sep 30, 2025 · 19:08

Castlecap Capital, Gold Road amend LOI terms

M&A / Property