Northwire Canada EditionTuesday, November 10, 2026
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Other

Castlecap Announces Resumption Of Trading And Receipt Of Break Fee Shares From Gold Road

CSTLP · Price

Executive Summary

  • CastleCap Capital received a break‑fee of 200,000 Gold Road common shares (valued at $0.50 per share, total $100,000) following the termination of its September 26 2025 LOI with Gold Road.
  • The received Gold Road shares are subject to resale restrictions and legends under applicable securities laws.
  • CastleCap expects its own common shares to resume trading on the TSX Venture Exchange shortly.

Key Details

  • Break‑fee: 200,000 Gold Road Inc. common shares.
  • Valuation of break‑fee: $0.50 per share → total consideration of $100,000.
  • Receipt date of break‑fee: January 15 2026.
  • The Gold Road shares carry standard resale restrictions and legends required by securities regulations.
  • CastleCap announced that its common shares are expected to resume trading on the TSX Venture Exchange “shortly.”
  • Company background (for context only): a capital pool company with no operating assets, 4,000,000 common shares issued and outstanding, and 400,000 options exercisable at $0.10 per share before June 12 2029.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →