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TomaGold Completes Initial Two-Year Option Commitments with Chibougamau Independent Mines and Amends Option Agreement with Globex Mining Enterprises
TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF) (“ TomaGold ” or the “ ...
About this update from Chibougamau Independent Mines, Inc.
[{"type":"text","content":"TomaGold Completes Initial Two-Year Option Commitments with Chibougamau Independent Mines and Amends Option Agreement with Globex Mining Enterprises\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n\n TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF)\n \n (“\n \n TomaGold\n \n ” or the “\n \n Company\n \n ”) announces that it has fulfilled all acquisition commitments for the first two years of its option agreement with Chibougamau Independent Mines Inc. (TSXV: CBG) (“\n \n CIM\n \n ”) to acquire a 100% interest in the Berrigan Mine, Berrigan South, Antoinette Lake, Élaine Lake and Gwillim properties.\n \n\n “We are pleased to have achieved this milestone in acquiring these properties within the highly prospective Chibougamau mining camp, and we look forward to receiving the next batch of drilling results from the Berrigan Mine project,” said David Grondin, President and CEO of TomaGold.\n \n\n Further to the September 22 and November 20, 2025 press releases announcing the closing of the CIM option agreement, the Company is pleased to report that it has received final approval from the TSX Venture Exchange (“\n \n TSXV\n \n ”).\n \n\n The Company also announces that it has entered into an amendment (the “\n \n Amending Agreement\n \n ”) with Globex Mining Enterprises Inc. (TSX: GMX) (“\n \n Globex\n \n ”) to the option agreement dated August 11, 2023, last amended on September 19, 2025, pursuant to which the Company has the right to acquire up to one hundred percent (100%) interest in the Gwillim group of claims. Under the terms of the Amending Agreement, the exploration expenditure requirement originally due on the second anniversary date has been extended to the third anniversary date.\n \n\n See latest news on\n \n TomaGold’s new WhatsApp Channel\n \n at:\n \n https://www.whatsapp.com/channel/0029Vb79qG6LdQeiiErI1e27\n \n\n\n Finally, further to its December 31, 2025 news release, the Company wishes to correct the number of stock options granted to 11.15 million from 9.75 million.\n \n\n\n About TomaGold\n \n\n\n TomaGold Corp. (TSXV: LOT, OTCPK: TOGOF) is a Canadian junior mining company focused on the acquisition, exploration, and development of high-potential precious and base metal project...