M&A / Property
Decade receives notice of termination for sale to Mabel

DEC · Price
Executive Summary
- Decade Resources Ltd. announces the termination of its definitive purchase agreement with Mabel Ventures Inc. for the sale of a 65% interest in Red Cliff and a 100% interest in Premier East properties.
- The termination was triggered by permitting issues affecting the Red Cliff property, as communicated by Mabel Ventures.
- The deal had previously received conditional approval from the TSX Venture Exchange but will not proceed, leaving Decade retaining full ownership of both assets.
Key Details
- Original Agreement: Definitive purchase agreement dated August 5, 2025; announced on August 6, 2025.
- Assets Involved: 65% interest in Red Cliff property and 100% interest in Premier East property, both located in the Skeena mining division of British Columbia.
- Termination Notice: Received from Mabel Ventures Inc., citing permitting issues related to Red Cliff as the reason for termination.
- Regulatory Status: Transaction had conditional approval from the TSX Venture Exchange prior to termination.
- Current Ownership: Decade Resources retains 100% ownership of both Red Cliff and Premier East properties following the termination.
Notable Quotes
(No quotes were provided in the release.)
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