Business
Ashley Gold Options Majority of its Tabor-Sakoose District Scale Package for Consideration up to $375,000, Provides Update
CALGARY, ALBERTA – TheNewswire - October 20, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to announce that it has concluded neg
About this update from Ashley Gold Corp.
[{"type":"text","content":"CALGARY, ALBERTA – TheNewswire - October 20, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to announce that it has concluded negotiations with a private company for the option of its 100% owned Tabor-Sakoose claims. Ashley Gold Corp. will retain a portion of the original Santa-Maria claims. President Noah Komavli on the sale; “I am excited to share that Ashley has concluded negotiations that will strengthen the balance sheet ahead of further exploration activities. This option agreement unlocks significant value for the company, with a full sale ensuring retained upside through an equity stake. We look forward to being collaborative partners and eventually shareholders. With this boost in capital liquidity, Ashley is positioned to achieve additional near term objectives. I look forward to providing further updates on our exploration strategy in Ontario shortly.” Company Positioning On completion of the Alto-Gardnar channeling work, the exploration team will move to the Santa-Maria to conduct additional prospecting. The company expects to release additional announcements in the coming weeks, as plans will be finalized for advanced exploration in Dryden, ON. Additionally, interest from European investors have facilitated the company to initiate steps to dual list on the Frankfurt exchange. These measures will ensure further liquidity in the market, as well as ensuring European investors can take part in Ashley’s exciting progressions. To this end, the company continues to actively evaluate an OTC listing. About the Transaction The transaction is composed of a base cash component of $100,000.00 Canadian (max $150,000), and a total issued value of $225,000.00 in equity of a listed entity. The payment structure is as follows: $50,000 on signing, 3 month buyer due diligence period (Paid) The due diligence period can be extended by 3 months with another $50,000 payable to Ashley $50,000 on sale to a listed entity, payable to Ashley In the event of a sale to a listed entity, $225,000 in equity, unlocked in 3 tranches, one tranche every 6 months. With the first tranche being unlocked 6 months from the date of sale, or from listing date, whichever is first. All existing NSR agreements over respective claims will be enforced and transferred to the new owner. A finders fee of 10% will...