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GRG RESOURCES (GARWF) Stock News

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Golden Arrow Resources Corporation reports company developments tied to mineral exploration in South America, led by the San Pietro iron oxide-copper-gold project in Chile and a portfolio of prospective properties in Argentina. News commonly covers sampling, trenching, drill-permitting and target work at San Pietro, including the Noemi gold target and the Rincones and Colla areas.

Company updates also include environmental approvals, project option agreements within its Argentina portfolio, subsidiary operations through New Golden Explorations Inc., governance appointments and investor relations arrangements. Golden Arrow is a member of the Grosso Group, a resource management group associated with exploration in Argentina.

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GRG Resources (GARWF) entered into a binding offer to sell its Filo Sur royalty to a Mogotes Metals subsidiary for $13 million. The sale covers a 1.5% net smelter returns royalty, a right to a portion of proceeds from mineral sales. Payment comprises $6.5 million in cash and $6.5 million in Mogotes Metals common shares, priced using their 20-day volume-weighted average trading price as at the definitive agreement date.

The parties intend to negotiate a definitive agreement and use commercially reasonable efforts to complete the transaction by December 29, 2026, or another agreed date. Completion requires regulatory and stock exchange approvals and contractual consents. The shares carry a four-month-plus-one-day statutory hold from issuance.

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GRG Resources (GARWF) has entered into services agreements with Resource Stock Digest and Think Ink for advertising and marketing programs.

Resource Stock Digest's 12-month program carries an initial cash fee of US$8,500 plus US$2,450 monthly in arrears. It includes company interviews and content distributed to subscribers. Think Ink's 3-month agreement has a budget of up to US$53,500 for corporate awareness and digital marketing services. Both agreements are subject to TSX Venture Exchange approval.

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Golden Arrow Resources (GARWF) has changed its corporate name to GRG Resources following approval by its board of directors.

The common shares are expected to begin trading under the new name on October 14, 2026, retaining the symbols GRG on the TSX Venture Exchange and GARWF on the OTCQB. Shareholder rights are unchanged, and no consolidation or division of capital accompanies the name change. Shareholders need not take any action or exchange existing share certificates or direct registration statements.

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Golden Arrow Resources (GARWF) entered into a one-time promotional services agreement with David Lin, representing DCWL Media Ventures. Golden Arrow will pay $10,000 plus applicable taxes to prepare promotional materials. The agreement contains no performance factors, and DCWL will receive no common shares or options as compensation.

DCWL is wholly owned by David Lin and is unrelated and unaffiliated with Golden Arrow. At the agreement date, neither DCWL nor its principals held an interest in Golden Arrow securities or any right or present intention to acquire one. The agreement is subject to TSX Venture Exchange approval.

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Golden Arrow Resources (GARWF) has applied to the TSX Venture Exchange to extend the expiry of 11,709,357 outstanding share purchase warrants from September 26, 2026 to March 26, 2027.

The warrants were issued on September 26, 2023 in connection with a private placement and none have been exercised to date. Each whole warrant remains exercisable at $0.15 for one common share. Of the total, 3,003,000 warrants are held by related parties, making the extension a related party transaction under MI 61-101 and TSXV Policy 5.9. Golden Arrow relies on exemptions from formal valuation and minority approval, and the amendment remains subject to TSX Venture Exchange approval.

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Golden Arrow Resources (OTCQB: GARWF) has completed the previously announced sale of its copper assets at the San Pietro project in Chile to Capstone Copper and a Capstone subsidiary, following approval by disinterested shareholders on August 21, 2026.

According to Golden Arrow, joint venture company New Golden Exploration Chile SpA, 75.019% indirectly owned by Golden Arrow and 24.981% by Sociedad de Servicios Andinos SPA, received 2,200,012 Capstone common shares, valued at approximately US$25 million, as consideration. The value was based on Capstone’s 10‑day volume‑weighted average closing price and a Bank of Canada exchange rate prior to closing. Approximate transaction costs and taxes are expected to be $6,550,000, to be deducted from this consideration.

Golden Arrow subsidiary New Golden Explorations Atlantida received 1,666,914 Capstone shares, with 165,042 shares withheld for Chilean taxes and 66,000 shares applied to an advisory fee. Sociedad de Servicios Andinos SPA received 533,098 Capstone shares. Southern Cone Partners was paid a US$750,000 advisory fee, settled through the 66,000 Capstone shares. The company states the deal strengthens its treasury to fund exploration programs in Chile and Argentina, including planning the first drill program at the Atakama gold project.

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Golden Arrow Resources (OTCQB: GARWF) reported that shareholders approved a special resolution to sell the copper assets at the San Pietro Copper-Gold-Iron Cobalt project to Capstone Copper and a wholly owned Capstone subsidiary. At the August 21, 2026 meeting, 86,896,631 votes (98.77%) were cast in favour and 1,083,292 (1.23%) against.

The Transaction is expected to close in Q3 2026, subject to customary closing conditions. According to Golden Arrow, the company plans to advance its next phase of exploration, including programs at the new Atakama gold project and portfolio properties in Argentina.

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Golden Arrow Resources (OTCQB:GARWF) has mailed and filed its management information circular and related materials for an annual general and special meeting of shareholders on August 21, 2026. The meeting will, among other items, consider approval of the proposed sale of the copper assets at the San Pietro Copper-Gold-Iron Cobalt project to Capstone Copper and a wholly owned Capstone subsidiary, a transaction first announced on June 23, 2026.

According to Golden Arrow, the board of directors has unanimously determined that the transaction is in the company’s best interests and fair to shareholders, and recommends voting in favour. Closing is targeted for late August 2026, subject to shareholder approval, regulatory approvals and other customary conditions.

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Golden Arrow Resources (OTCQB:GARWF) reported progress at its Atakama Gold Project in Chile, where four near-surface gold targets—Paula, Lolita Norte, Dos Marias and Cerro Sur—now extend across nearly 10km of strike.

Since 2025, the company has mapped much of the 9,469-hectare property, collected 983 rock and 693 trench samples, and relogged over 4,600m of historic core. At Paula, 2025 trenching defined a 380m x 77m core zone, with multiple trenches returning >1 g/t Au over >20m and additional parallel mineralized zones up to 200m away. Paula is permitted for up to 40 drill platforms, and Golden Arrow plans an initial drill program starting in September, subject to financing. The company is also working to bring Atakama under an existing Environmental Qualification Resolution, which would allow an additional 80 drill platforms, with completion targeted for September.

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Golden Arrow Resources (OTCQB:GARWF) agreed to sell copper-focused concessions at the San Pietro project in Chile to Capstone Copper for US$25 million in Capstone shares.

The deal divests ~16,555 ha of copper assets, while Golden Arrow and its partner retain over 9,000 ha of gold targets and expect to fund expanded gold exploration.

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FAQ

What is the current stock price of GRG RESOURCES (GARWF)?

GRG RESOURCES (GARWF) last closed at $0.076.

What is the market cap of GRG RESOURCES (GARWF)?

The market cap of GRG RESOURCES (GARWF) is approximately $12.9M.