Sylla Gold Corp. agreed to acquire 95% stake in Four gold prospective properties encompassing 2,788 square kilometers from Namibia Critical Metals Inc. for CAD 0.2 million.

Sylla Gold Corp. (TSXV:SYG) agreed to acquire 95% stake in Four gold prospective properties encompassing 2,788 square kilometers from Namibia Critical Metals Inc. (TSXV:NMI) for CAD 0.2 million on March 4, 2024. As consideration for the acquisition, the Sylla Gold Corp.

shall issue to NMI 3 million common shares at a deemed issuance price of CAD 0.05 per common share and (ii) make a cash payment to NMI of CAD 0.1 million. Closing is subject to the satisfaction (or waiver) of a number of conditions precedent, including, but not limited to receipt of all regulatory approvals and the acceptance of the TSX Venture Exchange.