EUROPACIFIC METALS INC. ("EUP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 24, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of a 70% interest in EVX Portugal, UniPessol, LDA ("EVX Portugal") and, consequently an indirect 70% in the Borba 2 exploration property (the "Borba 2 Exploration Property") covering approximately 230 square kilometres in the Elvas, Estremoz, Borba, Vila Vicosa, Redondo and Alandroal areas of Portugal, pursuant to a definitive agreement between Europacific Metals Inc. (the "Company") (formerly Goldplay Mining Inc.), European Electric Metals Inc. ("EVX") and EVX Portugal. EVX is a party to a mineral property purchase and sale agreement with Prime Mining Corp. ("Prime"), pursuant to which Prime agreed to transfer to EVX all of Prime's rights pursuant to an exploration licence application to the Borba 2 Exploration Property. Upon grant of the exploration license for the Borba 2 Exploration Property, the license will be transferred to EVX Portugual.
CONSIDERATION CASH ($) SECURITIES WORK EXPENDITURES (S)
CAD $17,000 payable to EVX NIL
Upon grant of exploration license for Borba 2 Exploration Property
U.S. $20,000 payable to Prime and CAD $20,000 payable to EVX
133,334 common shares issuable to EVX
NIL
For further details, please refer to the Company's news release dated March 1, 2021 and the Company's listing application dated April 13, 2021.
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