Announcement • Aug 13
Cascadia Minerals Ltd. (TSXV:CAM) completed the acquisition of Granite Creek Copper Ltd. (TSXV:GCX) for CAD 8.5 million. Cascadia Minerals Ltd. (TSXV:CAM) entered into a definitive arrangement agreement to acquire Granite Creek Copper Ltd. (TSXV:GCX) for CAD 7.96 million on June 8, 2025. The consideration consists of common equity of Cascadia Minerals Ltd. at a ratio of 0.25 per common equity of Granite Creek Copper Ltd. The completion of the Transaction is subject to a number of terms and conditions, including, without limitation, the following: (i) acceptance by the TSX-V; (ii) approval of the British Columbia Supreme Court; (iii) there being no material adverse changes in respect of Granite Creek or Cascadia and (iv) target shareholder approval. The transaction is approved unanimously by the board of both the target and buyer. Under certain circumstances, Cascadia or Granite Creek may be entitled to a reciprocal termination fee of CAD 500,000. Upon closing of the Transaction, Timothy Johnston, Granite Creek's current President and CEO, is expected to join the board of directors of Cascadia. The transaction is expected to completed on on or about July 2025. The transaction is expected to close in early August 2025.
Cascadia has engaged Stikeman Elliott LLP as its legal adviser in connection with the Transaction. Sangra Moller LLP is acting as legal adviser to Granite Creek and Evans & Evans Inc. provided a fairness opinion to the Granite Creek board of directors.
Cascadia Minerals Ltd. (TSXV:CAM) completed the acquisition of Granite Creek Copper Ltd. (TSXV:GCX) on August 13, 2025. Announcement • Jun 18
Buscando Resources Corp (CNSX:BRCO) completed the acquisition of Element One Hydrogen Corp. from Granite Creek Copper Ltd. (TSXV:GCX). Buscando Resources Corp (CNSX:BRCO) entered into a sale and purchase agreement to acquire Element One Hydrogen Corp. from Granite Creek Copper Ltd. (TSXV:GCX) for CAD 0.15 million on April 27, 2025. The sale includes the Union Bay and Star Projects as well as the Element One Hydrogen brand. Granite Creek Copper will retain the rights to any re-imbursement for work completed on the Star project for 2024 and 2025 through the NRCan funded research project being completed in partnership with Kemetco Research. Granite Creek Copper will also retain the rights to any payments due to the company in connection with the first year of the option agreement the Granite Creek Copper entered into with 1508260 B.C. Ltd. Buscando further announces that it intends to complete a non-brokered private placement of up to 5 million units at a price of CAD 0.20 per Unit, for aggregate gross proceeds of up to CAD 1 million. Buscando intends to use the proceeds raised from the Offering for the payment of the purchase price pursuant to the Acquisition, review and completion of the phase 1 work program on the Foggy Mountain Property, review and investigation of future potential property acquisitions and for general administrative Buscando expenses.
The Acquisition is subject to standard closing conditions, including the approval of the Canadian Securities Exchange. Subject to receiving the approval of the CSE, and the satisfaction of the remaining closing conditions, the Acquisition is expected to close on or about May 30, 2025.
Buscando Resources Corp (CNSX:BRCO) completed the acquisition of Element One Hydrogen Corp. from Granite Creek Copper Ltd. (TSXV:GCX) on June 17, 2025. Announcement • Jun 10
Cascadia Minerals Ltd. (TSXV:CAM) entered into a definitive arrangement agreement to acquire Granite Creek Copper Ltd. (TSXV:GCX) for CAD 7.96 million. Cascadia Minerals Ltd. (TSXV:CAM) entered into a definitive arrangement agreement to acquire Granite Creek Copper Ltd. (TSXV:GCX) for CAD 7.96 million on June 8, 2025. The consideration consists of common equity of Cascadia Minerals Ltd. at a ratio of 0.25 per common equity of Granite Creek Copper Ltd. The completion of the Transaction is subject to a number of terms and conditions, including, without limitation, the following: (i) acceptance by the TSX-V; (ii) approval of the British Columbia Supreme Court; (iii) there being no material adverse changes in respect of Granite Creek or Cascadia and (iv) target shareholder approval. The transaction is approved unanimously by the board of both the target and buyer. Under certain circumstances, Cascadia or Granite Creek may be entitled to a reciprocal termination fee of CAD 500,000. Upon closing of the Transaction, Timothy Johnston, Granite Creek's current President and CEO, is expected to join the board of directors of Cascadia.The transaction is expected to completed on on or about July 2025. Cascadia has engaged Stikeman Elliott LLP as its legal adviser in connection with the Transaction.Sangra Moller LLP is acting as legal adviser to Granite Creek and Evans & Evans Inc. provided a fairness opinion to the Granite Creek board of directors.