Decade Resources Announces Termination of Sale of Interests in Red Cliff and Premier East Properties to Mabel Ventures Inc.
Decade Resources (TSXV: DEC) announced that Mabel Ventures has terminated the previously announced transaction to acquire Decade's mining interests. The terminated deal included the sale of a 65% interest in the Red Cliff property and a 100% interest in the Premier East property, both located in British Columbia's Skeena mining division.
The termination comes after Mabel Ventures cited permitting issues related to the Red Cliff property, despite Decade having received conditional approval from the TSX Venture Exchange for the transaction. The original agreement was dated August 5, 2025, and announced on August 6, 2025.
Decade Resources (TSXV: DEC) ha annunciato che Mabel Ventures ha concluso la transazione precedentemente annunciata per l'acquisizione degli interessi minerari di Decade. L'accordo terminato prevedeva la vendita di il 65% dell'interesse sulla proprietà Red Cliff e un interesse del 100% sulla proprietà Premier East, entrambe situate nella divisione mineraria Skeena della Columbia Britannica.
La risoluzione è arrivata dopo che Mabel Ventures ha citato problemi di permesso relativi alla proprietà Red Cliff, nonostante Decade avesse ottenuto l'approvazione condizionale dall'Exchange TSX Venture per l'operazione. L'accordo originale era datato 5 agosto 2025 e annunciato il 6 agosto 2025.
Decade Resources (TSXV: DEC) anunció que Mabel Ventures ha rescindido la transacción previamente anunciada para adquirir los intereses mineros de Decade. El acuerdo terminado incluía la venta de un 65% de interés en la propiedad Red Cliff y un 100% de interés en la propiedad Premier East, ambas ubicadas en la división minera Skeena de Columbia Británica.
La rescisión se produce después de que Mabel Ventures citara problemas de permisos relacionados con la propiedad Red Cliff, a pesar de que Decade había recibido la aprobación condicionada de la TSX Venture Exchange para la transacción. El acuerdo original data del 5 de agosto de 2025 y fue anunciado el 6 de agosto de 2025.
Decade Resources (TSXV: DEC)는 Mabel Ventures가 Decade의 광업 지분 인수에 대해 사전에 발표된 거래를 종결했다고 발표했습니다. 종결된 거래에는 Red Cliff 부지의 65% 지분과 Premier East 부지의 100% 지분이 포함되며, 두 부지는 브리티시컬럼비아 주의 Skeena 채굴 구역에 위치해 있습니다.
이번 종결은 Red Cliff 부지와 관련된 허가 문제를 Mabel Ventures가 언급한 데 따른 것이며, Decade가 거래에 대해 TSX Venture Exchange의 조건부 승인을 이미 받았음에도 불구하고 발생했습니다. 원래 계약은 2025년 8월 5일로 작성되었고, 2025년 8월 6일에 발표되었습니다.
Decade Resources (TSXV: DEC) a annoncé que Mabel Ventures a résilié la transaction précédemment annoncée visant l'acquisition des intérêts miniers de Decade. La transaction résiliée comprenait une participation de 65% dans la propriété Red Cliff et une participation de 100% dans la propriété Premier East, situées toutes les deux dans la division minière Skeena de la Colombie-Britannique.
La résiliation survient après que Mabel Ventures ait évoqué des problèmes d'autorisation liés à la propriété Red Cliff, bien que Decade ait reçu l'approbation conditionnelle de la TSX Venture Exchange pour la transaction. L'accord original était daté du 5 août 2025 et annoncé le 6 août 2025.
Decade Resources (TSXV: DEC) gab bekannt, dass Mabel Ventures die zuvor angekündigte Transaktion zum Erwerb der Bergbaurechte von Decade beendet hat. Der beendete Deal sah den Verkauf von 65% des Interesses an der Red Cliff Property und 100% des Interesses an der Premier East Property vor, beide befinden sich in der Skeena-Minenabteilung von British Columbia.
Die Beendigung erfolgt, nachdem Mabel Ventures Genehmigungsprobleme im Zusammenhang mit der Red Cliff-Property angegeben hatte, obwohl Decade eine bedingte Zulassung der TSX Venture Exchange für die Transaktion erhalten hatte. Das ursprüngliche Abkommen datierte vom 5. August 2025 und wurde am 6. August 2025 angekündigt.
Decade Resources (TSXV: DEC) أعلنت أن Mabel Ventures أنهت الصفقة التي أعلن عنها سابقاً للاستحواذ على مصالح التعدين لدى Decade. الصفقة المنسوخة شملت نسبة 65% من مصلحة Red Cliff و نسبة 100% من مصلحة Premier East، وكلاهما يقعان في قسم Skeena للتعدين بمقاطعة كولومبيا البريطانية.
يأتي الإنهاء بعد أن أشارت Mabel Ventures إلى مشكلات في التصاريح المتعلقة بممتلك Red Cliff، على الرغم من أن Decade قد تلقت موافقة مشروطة من بورصة TSX Venture على الصفقة. كان الاتفاق الأصلي بتاريخ 5 أغسطس 2025 وأُعلن في 6 أغسطس 2025.
Decade Resources (TSXV: DEC)宣布，Mabel Ventures 已终止先前宣布的收购 Decade 的矿业权益的交易。被终止的交易包括对 Red Cliff 属性的 65% 股权以及对 Premier East 属性的 100% 股权的出售，两者均位于不列颠哥伦比亚省 Skeena 矿区。
此次终止是在 Mabel Ventures 指出与 Red Cliff 属性相关的 许可问题之后作出的，尽管 Decade 已获得 TSX Venture Exchange 就该交易的有条件批准。原始协议日期为 2025 年 8 月 5 日，并于 2025 年 8 月 6 日宣布。
- None.
- Failed sale of 65% interest in Red Cliff property and 100% interest in Premier East property
- Transaction termination due to Red Cliff property permitting issues
Stewart, British Columbia--(Newsfile Corp. - September 15, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the "Company") announces that Mabel Ventures Inc. ("Mabel") has provided the Company with a notice of termination in connection with the previously announced arm's length transaction (the "Transaction") between Mabel and the Company pursuant to a definitive purchase agreement dated August 5, 2025 (the "Agreement"). The Transaction was previously announced in a press release dated August 6, 2025.
Under the terms of the Agreement, Decade agreed to sell to Mabel a
The Company had received conditional approval of the TSX Venture Exchange for the Transaction. The Transaction was terminated by Mabel due to permitting issues relating to the Red Cliff property.
About Decade Resources Ltd.
Decade is a Canadian-based mineral exploration company actively seeking opportunities in the resource sector. The Company holds numerous properties at various stages of development and exploration, ranging from grassroots to advanced projects, all located in the Golden Triangle area of northwestern British Columbia.
For investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
"Ed Kruchkowski"
Ed Kruchkowski, President
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266382
FAQ
Why did Mabel Ventures terminate the acquisition of Decade Resources' mining properties in September 2025?
What properties were included in the terminated Decade Resources (TSXV: DEC) sale agreement?
When was the original sale agreement between Decade Resources and Mabel Ventures announced?
Did Decade Resources receive regulatory approval for the Mabel Ventures transaction?
