Golden Share Announced Property Purchase Agreement with Delta Resources Limited and Extension of Share Agreement with Lipari Diamond

Rhea-AI Summary

Golden Share Resources has signed a Property Purchase Agreement with Delta Resources on November 18, 2024, granting Delta 100% interest in the Elwood property. The property, located west of Thunder Bay, Ontario, covers 16.85 hectares and includes one patented mining claim in Duckworth Townships. Additionally, Golden Share has extended its Share Exchange Agreement with Lipari Diamond to December 31, 2024. The regulatory documentation for the listing is largely complete, with third-party capitalization remaining as the final step to close the RTO.

Positive

• Delta Resources acquires 100% interest in the Elwood property
• Regulatory documentation for Lipari Diamond listing largely completed

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - November 20, 2024) - Golden Share Resources Corporation (TSXV: GSH) ("Golden Share" or the "Company") is pleased to announce that it has entered into a Property Purchase Agreement with Delta Resources Limited ("Delta") (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6G01) on November 18, 2024, in which Delta earns a 100% interest of Elwood property of the Company ("Property"), which is located west of Thunder Bay, Ontario and covers approximately 16.85 hectares and comprises 1 patented mining claim in Duckworth Townships of Ontario.

At the same time, the company is pleased to further extend the outside date of the Share Exchange Agreement with Lipari Diamond Ltd. to December 31, 2024. The Company and Lipari have largely completed the regulatory documentation portion of the listing, with the required third-party capitalization the remaining gap to close the RTO. Further updates as they become available.

Qualified Persons

The technical content disclosed in this press release was reviewed and approved by Wes Roberts, P. Eng., a Qualified Person as defined under NI 43-101.

About Golden Share

Golden Share Resources Corporation is a mineral exploration company focusing on the province of Ontario, Canada, a mineral rich and politically stable jurisdiction.

WARNING: Certain statements in this press release may be forward-looking, including those with respect to the timing and content of up-coming work programs, geological interpretations, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks, uncertainties and assumptions. Actual results may differ materially from those currently anticipated in such statements. The Company relies upon litigation protection for forward-looking statements. The reader is warned against undue reliance on these forward-looking statements.

Neither 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.

For more information, please visit www.goldenshare.ca or contact:

Golden Share Resources Corporation
Wes Roberts, P.Eng. CEO
E-mail: info@goldenshare.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230679

FAQ

What is the size of the Elwood property Delta Resources (DTARF) acquired from Golden Share?

The Elwood property acquired by Delta Resources covers approximately 16.85 hectares and comprises 1 patented mining claim in Duckworth Townships of Ontario.

When did Delta Resources (DTARF) sign the Property Purchase Agreement for the Elwood property?

Delta Resources signed the Property Purchase Agreement with Golden Share on November 18, 2024.

What is the new deadline for the Share Exchange Agreement with Lipari Diamond?

The Share Exchange Agreement with Lipari Diamond has been extended to December 31, 2024.