Emergent Metals Corp. To Sell Its Golden Arrow Property To Fairchild Gold

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[{"type":"text","content":"Emergent Metals Corp. To Sell Its Golden Arrow Property To Fairchild 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,\nSeptember 29, 2025 –\n \n\n TheNewswire -\n \n\n Emergent\nMetals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, BSE: EML, MUN:\nELM)\n \n\n (“\n \n\n Emergent\n \n\n ” or the “\n \n\n Company\n \n\n ”) announces\nthat it has signed a Memorandum of Understanding dated September 29,\n2025 (the “\n \n\n MOU\n \n\n ”) to sell its Golden Arrow Property (“\n \n\n Golden\n \n\n Arrow\n \n\n ” or the\n“\n \n\n Property”\n \n\n ) to Fairchild Gold (\n \n\n TSXV: FAIR\n \n\n ) (“\n \n\n Fairchild\n \n\n ”).  The\nProperty is an advanced-stage gold and silver exploration property\nconsisting of 17 patented and 494 unpatented mineral claims located\nnear Tonopah, Nevada.  Terms of the transaction (the “\n \n\n Transaction\n \n\n ”)\ninclude:\n \n\n\n\n Cash Payments\n \n\n\n\n\n\n Upon signing the MOU (the\n \n\n Agreement\n \n\n ”),\nFairchild will pay Emergent a non-refundable deposit of\nUS$250,000.\n \n\n\n\n\n\n On approval of the Transaction by the Toronto Venture\nExchange (the\n \n\n Exchange\n \n\n ”), Fairchild will pay Emergent\nUS$350,000.\n \n\n\n\n\n\n Common Shares\n \n\n\n\n\n\n On approval of the Transaction by the Exchange,\nFairchild will issue 12,500,000 common shares (the\n \n\n Common Shares\n \n\n ”) of\nthe company to Emergent, such that Emergent’s ownership of Fairchild\nremains less than 9.9% of the issued and outstanding shares of\nFairchild.  The deemed price of the Commons Shares shall be equal to\nthe closing price of the Common Shares on the Exchange on the last\ntrading day immediately prior to the date of issuance, subject to\napplicable securities laws and Exchange policies.\n \n\n\n\n\n\n Senior Secured Note\n \n\n\n\n\n\n On approval of the Transaction by the Exchange,\nFairchild will issue a Senior Secured Note (the\n \n\n Note\n \n\n ”)  in favor\nof Emergent.  Terms of the note will include:\n \n\n\n\n\n\n\n\n\n\n Principal Amount:  US$3,500,000;\n \n\n\n\n\n\n Term:  Five (5) years from the date of the Definitive\nAgreement (the “\n \n\n Defin...

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