Northwire Canada EditionFriday, November 13, 2026
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M&A / Property

Vanguard Mining Announces Assignment of Option to Acquire Mineral Claims

UUU · Price

Executive Summary

  • Vanguard Mining entered into an Assignment and Waiver Agreement with Homegold Resources Ltd. and Stamper Oil & Gas Corp., transferring the option to acquire the remaining 50% of the Redonda Property to Vanguard.
  • Vanguard can exercise the option by paying C$400,000 to Homegold on or before May 21 2026.
  • The transaction secures full control of the Redonda mineral claims located northeast of Campbell River, BC.

Key Details

  • Agreement Date: December 30 2025 (Assignment Agreement).
  • Parties Involved: Vanguard Mining Corp., Homegold Resources Ltd., Stamper Oil & Gas Corp.
  • Original Option: Dated May 21 2021, granted to Stamper for the Redonda Property.
  • Transferred Interest: Vanguard now holds the option to acquire the remaining 50% interest in the Redonda Property.
  • Exercise Price: C$400,000 cash payment to Homegold.
  • Deadline to Exercise: On or before May 21 2026.
  • Property Description: Mineral claims located northeast of Campbell River, British Columbia (the “Redonda Property”).

Notable Quotes

  • “David Greenway, CEO” – No direct quote provided in the release.
Read the original news release →

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