M&A / Property
Good2Go4 Corp. Announces Letter of Intent for Proposed Qualifying Transaction with Critical Minerals Americas Inc., to Advance Its Large-Scale Conceptual Mineralized Shale Exploration of Critical Minerals with Rare Earth Elements Assets

GFOR · Price
Executive Summary
- Good2Go4 Corp. (GFOR) entered into a Letter of Intent with Critical Minerals Americas Inc. (CMAI) to complete a reverse‑takeover transaction, which will qualify GFOR as a “Capital Pool Company” and result in the combined entity being renamed Critical Minerals Americas Inc.
- The transaction is expected to be an arm’s‑length qualifying transaction under TSX Venture Exchange policies; trading of GFOR shares has been halted pending completion.
- CMAI has engaged Research Capital Corporation to act as capital‑markets advisor for a concurrent private placement financing of subscription receipts, with pricing and terms to be disclosed in a future release.
Key Details
- Letter of Intent (LOI): Dated February 27 2026; outlines intent to complete an RTO where GFOR will acquire all issued and outstanding securities of CMAI, making CMAI a wholly‑owned subsidiary.
- Name Change & Ticker: Upon completion, GFOR will change its name to “Critical Minerals Americas Inc.” and seek the ticker symbol “CMAI,” subject to Exchange approval.
- Trading Halt: GFOR’s common shares are halted and expected to remain so until the RTO closes.
- Regulatory Conditions: Closing is subject to receipt of all required regulatory, shareholder, and TSX Venture Exchange approvals.
- Financing Component: CMAI will conduct a private placement financing of subscription receipts; Research Capital Corporation appointed as advisor. Specific price, terms, and size will be announced later.
- Listing Plan: After the RTO and successful financing, GFOR intends to apply for listing of the resulting issuer’s common shares on the TSX Venture Exchange.
- Management & Board Post‑Transaction: Proposed senior team includes Denis Clement (Founder, President & CEO), John MacKenzie (CFO), Daniel Leroux (VP Exploration) plus several independent directors with extensive experience in mining, finance, and government.
- Project Overview – SBH Project: CMAI’s 100 % owned SBH Project located ~120 km north of Fort McMurray, Alberta; hosts a broad suite of critical minerals and rare earth elements (e.g., Mo, Ni, U, V, Zn, Cu, Co, Li, Sc, plus heavy & light REEs).
- Qualified Person: Daniel Leroux, P.Geo., has reviewed and approved the scientific and technical information in the release.
Notable Quotes
(No direct quotes were provided in the release.)