Welcome to our dedicated page for Greencastle Res news (Ticker: GRSFF), a resource for investors and traders seeking the latest updates and insights on Greencastle Res stock.
Greencastle Resources Ltd. (GRSFF), identified in its public disclosures by the TSX Venture Exchange symbol VGN, issues news releases that focus on its investment activities in the resource sector. These announcements describe transactions where Greencastle acquires or disposes of securities in other resource-focused issuers, as well as corporate actions related to its own share capital and stock option plan.
Recent news has highlighted Greencastle’s acquisition of common shares of Royal Uranium Inc. under a share purchase agreement with an arm’s length vendor. The company has explained that this acquisition, paid for with Greencastle common shares issued from treasury, is for investment purposes and aligns with its strategy to pursue selective positions in prospective resource companies and projects. In these releases, Greencastle notes that Royal Uranium holds uranium royalties and oil and gas-related royalties, which it views as providing exposure to commodity cycles that complements its portfolio focus.
Other news items detail Greencastle’s changing ownership stakes in Highrock Resources Ltd., including both purchases and subsequent dispositions of common shares. These releases provide information on the number of shares involved, ownership percentages, and references to early warning reports filed on SEDAR+ when required. Greencastle also reports on internal corporate matters, such as the cancellation of stock options to comply with limits in its stock option plan following a decrease in capitalization from a normal course issuer bid.
Investors and observers can use the Greencastle news stream to follow its investment decisions in resource issuers, understand how it manages its equity positions, and track corporate and regulatory developments affecting its share capital and option arrangements.
Greencastle (GRSFF) closed the acquisition of 500,000 common shares of Royal Uranium on December 5, 2025, by issuing 3,500,000 consideration shares from treasury at a deemed price of $0.05 per share for an aggregate deemed value of $175,000. No cash was paid.
The Purchased Shares were acquired for investment purposes to gain exposure to Royal Uranium's portfolio of 18 uranium royalties, the advanced-stage Berlin project in Colombia, gas royalties in Wyoming and Oklahoma, and a revenue-generating coal bed methane royalty in Alberta. Consideration shares are subject to a statutory hold expiring April 6, 2026 and listing on the TSXV is pending expiry and compliance.
Greencastle (OTC:GRSFF) entered a share purchase agreement dated November 18, 2025 to acquire 500,000 common shares of Royal Uranium by issuing 3,500,000 consideration shares from treasury at a deemed price of $0.05 per share for an aggregate deemed value of $175,000.
The Acquisition is for investment purposes, is subject to customary closing conditions and TSXV acceptance, and the Consideration Shares will be subject to a statutory hold period of four months and one day before potential TSXV listing.
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