Announcement • 22h
Crossroads Gold Corp. (TSXV:CRG) acquired Rox Exploration, Inc. for AUD 0.25 million. Crossroads Gold Corp. (TSXV:CRG) has entered into a definitive agreement to acquire Rox Exploration, Inc. for AUD 0.25 million on April 29, 2026. A cash consideration of AUD 0.05 million will be paid by Crossroads Gold Corp. The consideration consists of common equity of Crossroads Gold Corp. to be issued for common equity of Rox Exploration, Inc. Crossroads Gold Corp. will pay an earnout/contingent payment of AUD 0.1 million cash on the 12-month anniversary of Closing and another AUD 0.1 million cash on the 24-month anniversary of Closing. As part of consideration, AUD 0.25 million is paid towards common equity of Rox Exploration, Inc. The seller was also granted a 2% net smelter return royalty.
The transaction is subject to approval by TSX Venture Exchange. The expected completion of the transaction is May 1, 2026 to May 31, 2026. The acquisition provides Crossroads with the Pambula and Club Terrace gold projects in southeast Australia.
Crossroads Gold Corp. (TSXV:CRG) completed the acquisition of Rox Exploration, Inc. on May 28, 2026. Board Change • Mar 17
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Joaquin Marias is the most experienced director on the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.