Gold X2 Enters into Property Purchase Agreement
Gold X2 (OTCQB: GSHRF) entered a Purchase Agreement dated October 20, 2025 to acquire the Coldstream Claims in Ontario, adding 939 hectares to its Shebandowan Greenstone Belt land position.
Consideration comprised an initial cash payment of $200,000 and a final cash payment of $200,000 due within 12 months. Gold X2 will act as operator from execution until closing.
On closing the company will grant a 2% net smelter returns (NSR) royalty to the vendor, with a right to repurchase 1% of the NSR for $500,000 within 30 days of commercial production.
Gold X2 (OTCQB: GSHRF) ha stipulato un Accordo di Acquisto datato 20 ottobre 2025 per acquisire le Coldstream Claims in Ontario, aggiungendo 939 ettari alla posizione fondiaria della Shebandowan Greenstone Belt.
La controparte consiste in un pagamento iniziale in contanti di 200.000 dollari e un pagamento finale in contanti di 200.000 dollari dovuti entro 12 mesi. Gold X2 agirà come operatore dall'esecuzione fino al closing.
Al closing la società concederà al venditore una royalty del 2% sui net smelter returns (NSR), con un diritto di riacquisto del 1% del NSR per 500.000 dollari entro 30 giorni dalla produzione commerciale.
Gold X2 (OTCQB: GSHRF) inició un Acuerdo de Compra fechado el 20 de octubre de 2025 para adquirir las Reclamaciones Coldstream en Ontario, añadiendo 939 hectáreas a su posición de tierras en el Cinturón Verde de Shebandowan.
La contraprestación consistió en un pago inicial en efectivo de 200.000 dólares y un pago final en efectivo de 200.000 dólares que vencerán en un plazo de 12 meses. Gold X2 actuará como operador desde la ejecución hasta el cierre.
Al cierre, la empresa otorgará al vendedor una regalía del 2% sobre el rendimiento neto de mineral (NSR), con un derecho de recompras del 1% del NSR por 500.000 dólares dentro de los 30 días posteriores a la producción comercial.
Gold X2 (OTCQB: GSHRF)는 2025년 10월 20일자로 체결된 매매계약을 통해 온타리오주 Coldstream 청구권을 인수하고, Shebandowan Greenstone Belt 토지 포지션에 939헥타르를 추가합니다.
대금은 초기 현금 지급 200,000달러와 최종 현금 지급 200,000달러로 구성되며 12개월 이내에 지급됩니다. Gold X2는 체결일부터 종결까지 운영자로 활동합니다.
종결 시 회사는 매도인에게 순광물가치 순 NSR 로열티(NSR) 2%를 부여하고, 상업 생산 개시 후 30일 이내에 NSR의 1%를 500,000달러에 재매입할 권리를 부여합니다.
Gold X2 (OTCQB : GSHRF) a conclu un accord d'achat daté du 20 octobre 2025 pour acquérir les revendications Coldstream en Ontario, ajoutant 939 hectares à sa position foncière dans la ceinture verte de Shebandowan.
La contrepartie se composait d'un paiement initial en espèces de 200 000 dollars et d'un paiement final en espèces de 200 000 dollars dû dans les 12 mois. Gold X2 agira en tant qu'opérateur de l'exécution jusqu'à la clôture.
À la clôture, la société accordera au vendeur une royauté de 2% sur le rendement net du minerai (NSR), avec un droit de rachat de 1% du NSR pour 500 000 dollars dans les 30 jours suivant la production commerciale.
Gold X2 (OTCQB: GSHRF) hat eine Kaufvereinbarung datiert auf den 20. Oktober 2025 getroffen, um die Coldstream-Claims in Ontario zu erwerben, wodurch 939 Hektar zu seiner Bodenposition im Shebandowan Greenstone Belt hinzugefügt werden.
Die Gegenleistung bestand aus einer anfänglichen Bargeldzahlung von 200.000 USD und einer abschließenden Bargeldzahlung von 200.000 USD, fällig innerhalb von 12 Monaten. Gold X2 wird von der Ausführung bis zum Abschluss als Betreiber fungieren.
Beim Abschluss wird das Unternehmen dem Verkäufer eine 2%-NSR-Royalty (Net Smelter Returns) gewähren, mit dem Recht, innerhalb von 30 Tagen nach der kommerziellen Produktion 1% des NSR für 500.000 USD zurückzukaufen.
Gold X2 (OTCQB: GSHRF) أبرمت اتفاقية شراء بتاريخ 20 أكتوبر 2025 لاقتناء مطالب Coldstream في أونتاريو، مضيفة 939 هكتاراً إلى موضعها الأرضي في حزام شبدنوان الأخضر.
التعويض يتألف من دفعة نقدية ابتدائية قدرها 200,000 دولار ودفعة نقدية نهائية قدرها 200,000 دولار مستحقة خلال 12 شهراً. ستتصرف Gold X2 كمشغل من التنفيذ حتى الإغلاق.
عند الإغلاق، ستمنح الشركة للبائع حقوق ملكية بمعدل 2% من صافي عوائد الخامة NSR، مع حق إعادة شراء 1% من NSR مقابل 500,000 دولار خلال 30 يوماً من الإنتاج التجاري.
Gold X2 (OTCQB: GSHRF) 于 2025年10月20日 签署购买协议，以收购安大略省 Coldstream 矿权，在 Shebandowan 绿岩带的土地头寸上新增 939 公顷。
对价包括初始现金支付 20万美元 和在 12 个月内到期的最终现金支付 20万美元。Gold X2 将自执行至交割期间担任运营商。
交割时，公司将向卖方授予 2% 的净熔炼回报 NSR royalty，并在商业生产后 30 天内有权以 50万美元回购 NSR 的 1%。
- Adds 939 hectares to Shebandowan land position
- Company to operate the Property from execution
- Structured payments: $200,000 now, $200,000 within 12 months
- Grants a 2% NSR royalty on the Property
- Potential future cash cost: $500,000 to repurchase 1% NSR
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: 8X00) ("Gold X2" or the "Company") is pleased to announce that Gold X2 has entered into a property purchase agreement dated October 20, 2025 (the "Purchase Agreement") with an arms length party (the "Vendor") pursuant to which Gold X2 will acquire from the Vendor all of the rights, title and interests in and to the mineral exploration property known as the Coldstream Claims (the "Property") located in the Province of Ontario (the "Transaction").
The proposed acquisition will add 939 hectares, further consolidating Gold X2's land position and enhancing exploration potential across the Shebandowan Greenstone Belt.
Figure 1: Gold X2 land position in the Shebandowan Greenstone Belt
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8051/272151_6edc55ea54f09b39_001full.jpg
In consideration of the Property, the Company paid the Vendor an initial cash payment of
Upon completion of the Transaction the Company will grant the Vendor a
About Gold X2
Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The Company's current focus is the advanced stage
For More Information - Please Contact:
Michael Henrichsen
President, Chief Executive Officer and Director
Gold X2 Mining Inc.
E: mhenrichsen@goldx2.com
W: https://goldx2.com/
T: 1-604-404-4335
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
In this news release, forward-looking statements relate to, among other things, statements regarding: the Transaction; the anticipated timeline for completing the Transaction; terms and conditions pursuant to which the Transaction will be completed, if at all; the anticipated benefits of the Transaction including; and that Gold X2 will act as operator of the Property until completion of the Transaction. These forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements.
In respect of the forward-looking statements concerning the Transaction, Gold X2 has relied on certain assumptions that it believes are reasonable at this time, including assumptions as to the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory exchange and other third party approvals required for completion of the Transaction, that Gold X2 will have the required resources to complete the Transaction; that the Purchase Agreement won't be terminated early; that Gold X2's plans to complete the Transaction will not change. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times.
Risks and uncertainties that may cause such differences include but are not limited to: the risk that the Transaction may not be completed on a timely basis, if at all; the conditions to the consummation of the Transaction may not be satisfied; the risk that the Transaction may involve unexpected costs, liabilities or delays; the possibility that legal proceedings may be instituted against the Gold X2, the Vendor and/or others relating to the Transaction and the outcome of such proceedings; Gold X2 may fail to have the required resources to complete the Transaction the possible occurrence of an event, change or other circumstance that could result in termination of the Purchase Agreement. Failure to obtain the requisite approvals, or the failure of the parties to otherwise satisfy the conditions to or complete the Transaction, may result in the Transaction not being completed on the proposed terms, or at all. In addition, if the Transaction is not completed, the announcement of the Transaction and the dedication of resources of Gold X2 to the completion of the Transaction could have a material adverse impact on each of Gold X2's share price, its current business relationships and on the current and future operations, financial condition, and prospects of Gold X2.
Gold X2 expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272151
FAQ
What did Gold X2 (GSHRF) agree to buy on October 20, 2025?
How much did Gold X2 (GSHRF) pay for the Coldstream Claims and when is the balance due?
What royalty did Gold X2 (GSHRF) grant the vendor for the Coldstream Claims?
Can Gold X2 (GSHRF) buy back part of the royalty and at what cost?
Who will operate the Coldstream Claims before the transaction closes?
