NSR Royalty

Supreme Critical Metals (VRCFF) announced the grant of 2,675,000 stock options to management, employees, and consultants at $0.22 per share, exercisable over 3 years. The company also amended its Silver Vista option agreement, opting to issue 500,000 shares at $0.17 per share and grant a 0.6% NSR to Robert Weicker instead of investing $100,000 in the property by December 31, 2025, pending CSE approval. These moves aim to strategically position the company within the metals market.

Axcap Ventures (CSE: AXCP) acquired Carlyle Commodities’ Newton Gold Project in British Columbia for up to $8 million, gaining full ownership of the 23,003-hectare property with an inferred resource of 843,000 oz gold and 4.5 million oz silver. The deal includes $500,000 cash, 3.75 million shares, and warrants for Carlyle, plus performance-based incentives tied to resource expansion and feasibility milestones. A 2% net smelter royalty includes an option for Axcap to buy back half for $2 million. The acquisition positions Axcap to explore the underexplored Cariboo region amid high gold prices, though challenges include low 0.64 g/t grades and potential shareholder dilution. Initial drilling results are expected in late 2025.