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Gold X2 Mining completes 42-claim acquisition

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Form Type
6-K

Rhea-AI Filing Summary

Gold X2 Mining Inc. (AUXX) completed its acquisition of 42 unpatented mineral claims from Bold Ventures Inc. In exchange, Gold X2 provided Bold with C$500,000 cash, 150,000 common shares and a 2% NSR royalty on Canadian Critical Minerals, excluding copper, mined within the claims.

The claims are near Thunder Bay, Ontario, along the west boundary of Bold’s 242-claim Burchell property and adjoin Gold X2’s Moss Gold Project. Gold X2 retains the right to buy back half of the new royalty (1%) for C$1,000,000 cash. The claims are also subject to an existing 3% net smelter return royalty.

Positive

  • Minor pointGold X2 completed acquisition of 42 claims adjoining the Moss Gold Project.

Negative

  • None.

Filing Explained

The claims’ existing 3% NSR royalty has a separate buyback provision: one half may be purchased for C$2.5 million, distinct from the C$1 million option on the newly granted 2% royalty.

Acquired claims 42 unpatented mining claims Near Thunder Bay, Ontario
Cash consideration C$500,000 Provided to Bold Ventures Inc. for the acquired claims
Common shares provided 150,000 common shares Consideration provided to Bold Ventures Inc.
New NSR royalty 2% On Canadian Critical Minerals, excluding copper, mined within the acquired claims
New royalty buyback 1% Half of the new royalty; Gold X2 may buy it back for C$1,000,000 cash
New royalty buyback price C$1,000,000 cash For half of the new 2% royalty
Existing net smelter return royalty 3% Applies to the acquired claims
Existing royalty purchase price C$2.5 million One half of the existing 3% royalty can be purchased for this amount
unpatented mining claims technical
"42 unpatented mining claims located near Thunder Bay"
A claim to minerals on public land where the holder has the right to explore and extract resources but does not own the surface or the underlying land title. Like renting a plot to dig for treasure while the government still owns the ground, these claims give producers potential access to valuable ore but carry extra risks — they can require permits, be contested or lost, and often complicate financing and company valuation for investors.
NSR royalty technical
"a 2% NSR royalty on all Canadian Critical Minerals"
A net smelter return (NSR) royalty is a payment to a rights holder equal to a fixed percentage of the money a mine actually receives from selling refined metal, after the costs of turning ore into a saleable product are taken out. Think of it like a toll collected on each shipment after it’s been cleaned and sold. For investors, NSR royalties matter because they create a steady revenue stream with lower operational risk for the royalty holder, while reducing the owner-operator’s share of project cash flow and affecting project valuation.
Indicated gold resources technical
"2.458 million ounces of Indicated gold resources"
Inferred gold resources technical
"4.209 million ounces of Inferred gold resources"
preliminary economic assessment technical
"Results of a preliminary economic assessment ("PEA")"
A preliminary economic assessment is an initial analysis that estimates the potential profitability and feasibility of a project or resource, such as a new mineral deposit or development venture. It provides a rough idea of costs, benefits, and risks, helping investors decide whether to pursue more detailed studies. This early evaluation is important because it offers a snapshot of whether the project is worth further investment and development.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AUXX provide for the 42 acquired claims?

Gold X2 provided Bold Ventures Inc. with C$500,000 cash, 150,000 common shares and a 2% NSR royalty on Canadian Critical Minerals, excluding copper, mined within the claims.

What royalty buyback terms apply to AUXX's acquired claims?

Gold X2 retains the right to buy back half of the new 2% royalty, equal to 1%, for C$1,000,000 cash. The claims are also subject to an existing 3% net smelter return royalty, half of which can be purchased for C$2.5 million.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2026

Commission File Number 001-43466

GOLD X2 MINING INC.
(Exact name of Registrant as specified in its charter)

N/A
(Translation of Registrant's name into English)

450 Commerce Place
400 Burrard Street
Vancouver, British Columbia
V6C 3A6
Tel: +1 (604) 288-8005

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐      Form 40-F ☒


EXHIBIT INDEX

Exhibit Number   Description
   
99.1   News Release dated November 11, 2026 re Bold Claims Acquisition Completion


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  GOLD X2 MINING INC.
   
Date: November 11, 2026 By: /s/ Michael Kanevsky
  Name: Michael Kanevsky
  Title: Chief Financial Officer



Gold X2 Completes Acquisition of Certain Claims from Bold Ventures Inc.

VANCOUVER, B.C., November 11, 2026: Gold X2 Mining Inc. (NYSE American: AUXX / TSXV: AUXX / FWB: DF80) ("Gold X2" or the "Company") is pleased to announce that it has successfully completed its previously announced acquisition of certain mineral claims (the "Acquired Claims") from Bold Ventures Inc. ("Bold"). In consideration for the Acquired Claims, the Company provided Bold with the following:

  • C$500,000 cash;
  • 150,000 common shares of Gold X2; and
  • A 2% NSR royalty on all Canadian Critical Minerals (excluding copper) mined from within the Acquired Claims. The Company maintains the right to buy back one half of the NSR (1%) for C$1,000,000 cash.

The Acquired Claims are comprised of 42 unpatented mining claims located near Thunder Bay, Ontario, along the west boundary of Bold's 242-claim Burchell property adjoining Gold X2's Moss Gold Project. The 42 Acquired Claims are subject to an existing 3% net smelter return royalty, one half of which can be purchased for C$2.5 million.

About Gold X2 Mining

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 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The 2026 updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") mineral resource estimate ("MRE") for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment ("PEA") of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company's website and under the Company's issuer profiles on SEDAR+ and EDGAR. For more information, please visit SEDAR+ (www.sedarplus.ca), EDGAR (www.sec.gov) and the Company's website (www.goldx2.com).

Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer of the Company and a qualified person under NI 43-101, has approved the scientific and technical information contained in this news release.

ON BEHALF OF THE BOARD


"Michael Henrichsen"

For More Information - Please Contact:

Michael Henrichsen

President, Chief Executive Officer and Director

Gold X2 Mining Inc.

E: mhenrichsen@goldx2.com

W: www.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.


Forward-Looking Information

This news release contains information and statements that constitute "forward-looking information" or "forward-looking statements" under applicable securities laws (collectively, "forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this news release include, among others, statements relating to the Company's plans for future exploration and development of the Moss Gold Project; and the potential for the Moss Gold Project to support a long-life mining operation with a strong production profile and low production costs. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the receipt of required regulatory approvals; and other risks associated with executing the Company's objectives and strategies as well as those risk factors discussed in the Company's continuous disclosure documents filed under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. The forward-looking information in this news release is based on management's reasonable expectations and assumptions as of the date of this news release. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.


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