On December 20, 2024, Maple Gold Mines Ltd. completed a joint venture restructuring transaction with Agnico Eagle Mines Limited through which Maple Gold has obtained legal title to, and a 100% ownership interest in, the Douay Gold Project and the Joutel Gold Project (the “Projects”) located in Quebec.
Pursuant to the transaction, Maple Gold obtained 100% legal title to the Projects and associated assets. In addition, Maple Gold granted a 1% net smelter return royalty in respect of certain properties and assets to Agnico Eagle.
Cassels acted for Maple Gold.