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M&A / Property

Global Tactical to acquire New Britain property

MONI · Price

Executive Summary

  • Global Tactical Metals Corp. entered a definitive share‑exchange agreement to acquire 100 % of 1560406 B.C. Ltd. (406BC), the owner of the New Britain antimony project in British Columbia.
  • The consideration will be 25 million Global Tactical common shares priced at $0.02 per share, subject to a four‑month‑and‑one‑day hold period.
  • Concurrently, Global Tactical announced its intent to sell its staked claims in Nevada’s Minerva district to Brentwood Minerals Corp. for cash of $10,000.

Key Details

  • Target: 1560406 B.C. Ltd. (406BC), privately held BC company owning the New Britain antimony project.
  • Project Scope: Five mineral claims covering 2,099.55 ha in the Slocan mining division, southeastern British Columbia.
  • Consideration: issuance of 25 million Global Tactical common shares at a deemed price of $0.02 per share.
  • Hold Period: Consideration shares subject to a four‑month‑and‑one‑day hold from issuance date.
  • Closing Conditions: Subject to customary closing conditions, corporate and regulatory approvals, including CSE approval.
  • Disposition: Intent to sell Nevada Minerva district staked claims to Brentwood Minerals Corp. for cash consideration of $10,000 (referencing prior release dated April 30 2025).

Notable Quotes

(No quotes provided in the release.)

Read the original news release →

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