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M&A / Property

Global Tactical Metals Corp. Announces Agreement to Acquire Antimony Claims

MONI · Price

Executive Summary

  • Global Tactical Metals Corp. entered into a definitive Share Exchange Agreement to acquire 100% of 1560406 BC Ltd. (“406BC”), the owner of the New Britain Antimony Project in British Columbia.
  • Consideration will be 25,000,000 Global Tactical common shares at a deemed price of $0.02 per share, subject to a four‑month‑plus hold period.
  • The Company also announced its intent to sell its staked claims in Nevada’s Minerva district to Brentwood Minerals Corp. for cash consideration of $10,000.

Key Details

  • Target: 1560406 BC Ltd. (“406BC”), privately held BC company owning the New Britain Antimony Project (5 mineral claims covering 2,099.55 ha in the Slocan Mining Division).
  • Consideration Shares: 25,000,000 Global Tactical common shares to be issued to 406BC shareholders.
  • Deemed Share Price: $0.02 per Consideration Share.
  • Hold‑back Period: Four months and one day from issuance date.
  • Cash Disposal: Sale of staked claims in the Minerva district, Nevada, to Brentwood Minerals Corp. for $10,000 (referencing prior press release dated April 30 2025).
  • Closing Conditions: Subject to customary closing conditions, corporate approvals, and regulatory approval by the Canadian Securities Exchange (CSE).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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