Business
Golden Sky Minerals Corp. Shareholders Approve Option and Joint Venture Agreement with Boliden
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Golden Sky Minerals Corp. (TSXV: AUEN) (OTC Pink: LCKYF) ("Golden Sky" or the "Company") is pleased to announce that at its annual and special meeting of shareholders (the "Meeting") held on November 12, 2025, a majority of disinterested shareholders approved the previously announced Option and Joint Venture Agreement (the "Agreement") with Boliden Mineral Canada Ltd., a wholly owned subsidiary of Boliden AB ("Boliden").The...
About this update from Boliden Ab
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Golden Sky Minerals Corp. (TSXV: AUEN) (OTC Pink: LCKYF) ("Golden Sky" or the "Company") is pleased to announce that at its annual and special meeting of shareholders (the "Meeting") held on November 12, 2025, a majority of disinterested shareholders approved the previously announced Option and Joint Venture Agreement (the "Agreement") with Boliden Mineral Canada Ltd., a wholly owned subsidiary of Boliden AB ("Boliden").","length":542,"tagName":"p"},{"type":"text","content":"The shareholders have overwhelmingly approved the resolution, with more than 95% of disinterested votes cast in favor, ratifying the definitive agreement dated September 3rd, 2025. Under the Agreement, Boliden has the option to earn an 80% interest in the Company's wholly owned Rayfield copper-gold porphyry property located in south-central British Columbia by funding C$20 million in exploration expenditures over staged milestones. Upon completion of the earn-in, a joint venture will be formed. The Agreement also combines Boliden's adjacent 100%-owned Gjoll Property with Rayfield, creating a district-scale exploration opportunity spanning approximately 90,000 hectares in the prolific Quesnel Trough.","length":716,"tagName":"p"},{"type":"text","content":"This partnership represents a cornerstone of Golden Sky's growth strategy, enabling the Company to advance a high-potential asset with reduced financial risk and minimal equity dilution. Boliden's commitment to fund up to C$20 million in exploration expenditures preserves the Company's tight share structure, while providing Golden Sky with a free-carried 20% interest through the discovery phase upon completion of the earn-in. Until Boliden elects to exercise the option and fully funds the C$20 million (earning an 80% interest), Golden Sky retains 100% ownership of the Rayfield Property.","length":605,"tagName":"p"},{"type":"text","content":"Ongoing collaboration between Golden Sky and Boliden has already yielded aggressive groundwork, including airborne geophysics and geochemical surveys completed in 2025, with drilling planned to test multiple high-priority targets on the combined Rayfield-Gjoll land package. A strong initial intercept could catalyze a material re-rating o...