Stony Lake Property

Sokoman Minerals is expanding its land position along Newfoundland’s Valentine Lake Fault through property acquisitions and option agreements. They’re acquiring 100% of the Keats Property via cash, shares, and an NSR, retaining the option to repurchase half the NSR. They’ve also secured an option to acquire 100% of the Stony Lake Property by issuing shares and funding exploration. Underwriters also have the option to purchase additional flow-through shares generating potential further gross proceeds. This consolidation underscores Sokoman’s belief in significant resource potential.