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.)