Emergent Metals Corp. Completes Sale Of Its York Claims To Lahontan Gold

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[{"type":"text","content":"Emergent Metals Corp. Completes Sale Of Its York Claims To Lahontan Gold\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia, October\n23, 2025 –\n \n\n TheNewswire -\n \n\n Emergent Metals Corp. (TSXV:\nEMR, OTC: EGMCF, FRA: EML, BSE: EML, MUN: ELM)\n \n\n (“\n \n\n Emergent\n \n\n ” or the “\n \n\n Company\n \n\n ”) announces\nthat it has completed the sale of 27 unpatented lode mineral claims\n(the “\n \n\n York\n \n\n Claims”\n \n\n ) to\nLahontan Gold Corp. (\n \n\n TSXV:\nLG\n \n\n ) (“\n \n\n Lahontan\n \n\n ”).  The claims were part of\nEmergent’s New York Canyon Property, located in Nevada, and are\ndirectly south of and abutting Lahontan’s Santa Fe Property.  Their\nsale to Lahontan will allow the potential expansion of Lahontan’s\nYork resource southward onto the York Claims (see Lahontan Gold press\nrelease dated August 19, 2025, for additional information).\n \n\n\n\n Terms of the York transaction (the “\n \n\n York Transaction\n \n\n ”),\ninitially announced by news release on August 19, 2025,\ninclude:\n \n\n\n\n\n\n On signing the Term Sheet, Lahontan will pay\nEmergent’s U.S. subsidiary, Golden Arrow Mining Corporation\n(“\n \n\n GAMC\n \n\n ”), a sum of US$10,000 (paid).\n \n\n\n\n\n\n On signing the York Agreement and Toronto Venture\nExchange (the\n \n\n Exchange\n \n\n ”) approval, Lahontan will issue\nGAMC a US$50,000 promissory note, with a 1% per month interest rate,\nand payable within six months of signing the Agreement\n(completed).\n \n\n\n\n\n\n On signing the York Agreement and Exchange approval,\nLahontan will issue 2,000,000 common shares of Lahontan Gold Corp. to\nGAMC or its designee (completed).\n \n\n\n\n\n\n On signing of the Agreement, Exchange Approval, payment\nof the cash, issuance of the shares, and issuance of the promissory\nnote outlined above, GAMC will facilitate the transfer of the York\nClaims to Lahontan or its designee, to be completed within 30\ndays.\n \n\n\n\n\n\n As part of the transfer, LG will grant GAMC a 1% NSR\nroyalty (the\n \n\n Royalty\n \n\n ”) on the York Claims.  At any time\nbefore the third anniversary of the Agreement, Lahontan may purchase\nthe Royalty fo...

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