Business
Golden Age Exploration Announces Exclusive Option to Acquire a 100% Interest in Australian Uranium Assets
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2026) - Golden Age Exploration Ltd. (CSE: GDN) (the "Company") ("Golden Age") is pleased to announce th
About this update from Golden Age Exploration Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 17, 2026) - Golden Age Exploration Ltd. (CSE: GDN) (the \"Company\") (\"Golden Age\") is pleased to announce that it has entered into an agreement (the \"Agreement\") with 1322645 BC Ltd. (the \"Optionor\") pursuant to which the Company has the exclusive option (the \"Option\") to conduct due diligence and acquire a 100% interest in a suite of uranium assets located in South Australia and the Northern Territory, Australia (the \"Assets\"). The Option and the Company's exclusivity to negotiate shall continue for sixty (60) days from the date of the Agreement (the \"Exclusivity Period\"). In consideration for the Option and the right to conduct a full due diligence review, Golden Age shall pay the Optionor the sum of C $150,000. During the Exclusivity Period, the Optionor shall not solicit or encourage any inquiries or proposals from other parties regarding the sale of the Assets. The Optionor shall provide the Company and its advisors access to all relevant technical, financial and legal data. Related Party Disclosure The Agreement is considered a \"related party transaction\" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"MI 61-101\") however the Company is relying on exemptions from the formal valuation requirements of MI 61-101 pursuant to section 5.5(a) and the minority shareholder approval requirements of MI 61-101 pursuant to section 5.7(1)(a) in respect of such insider participation as the fair market value of the transaction, insofar as it involves interested parties, does not exceed 25% of the Company's market capitalization. About Golden Age Exploration Ltd. Golden Age is a mineral exploration company with an international reach, focused on the acquisition, exploration, and development of high-potential resource projects in premier, mining-friendly jurisdictions globally. The Company's core business is to identify, analyze, and re-assess extensive historic and regional data from around the globe to pinpoint \"Best in Their Class Resource Assets\" worthy of significant exploration and exploitation. The Company's focus extends to mining-friendly jurisdictions that offer low political risk and adhere to the letter of the law. CONTACT INFORMATION: Tibor Gajdics, President & Director&...