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Golden Ridge Resources Announces Termination of Agreement to Acquire Majority Interest in Brazilian Mining Producer MM Group Ltda.

(TheNewswire) November 4, 2025 – TheNewswire - GOLDEN RIDGE RESOURCES LTD. (...

articleGolden Ridge Resources Ltd.November 4, 20253/company/golden-ridge-resources-ltd/news/golden-ridge-resources-announces-termination-of-agreement-to-acquire-majority-interest-in-brazilian-mining-producer-mm-group-ltda
Golden Ridge Resources Announces Termination of Agreement to Acquire Majority Interest in Brazilian Mining Producer MM Group Ltda.

About this update from Golden Ridge Resources Ltd.

[{"type":"text","content":"Golden Ridge Resources Announces Termination of Agreement to Acquire Majority Interest in Brazilian Mining Producer MM Group Ltda.\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n November 4, 2025 –\n \n\n TheNewswire -\n \n\n GOLDEN RIDGE RESOURCES LTD. (TSX-V:\nGLDN)\n \n\n (\"\n \n\n Golden Ridge\n \n\n \" or\nthe \"\n \n\n Company\n \n\n \") announces that\n \n\n it has\nterminated the previously announced\n \n\n share\nexchange agreement among the Company,\n \n\n MM Group\nLtda. (“\n \n\n MMG\n \n\n ”)\n \n\n , Minas Mineracao Ltda. and certain\nmembers of MMG dated June 4, 2024 (as amended, the “\n \n\n Share Exchange Agreement\n \n\n ”).\n \n\n\n\n The Company is working with the TSX Venture Exchange to\nreinstate trading in its common shares and will provide further\ninformation concerning the anticipated resumption date in a subsequent\nnews release.\n \n\n\n\n About Golden Ridge\n \n\n\n\n Golden Ridge\n \n\n is a TSXV listed\nexploration company engaged in acquiring and advancing mineral\nproperties located in British Columbia and Newfoundland\n \n\n .  Golden Ridge owns a 100% interest in the 1,700-hectare\nHank copper-gold-silver-lead-zinc property located in the Golden\nTriangle district, approximately 140 kilometres north of Stewart,\nBritish Columbia. The Company also own a 100% interest in the\n1,550-hectare Williams gold property, that is surrounded by New Found\nGold Corp’s Queensway South Gold Property\n \n\n\n\n 1\n \n\n\n\n in the Central Newfoundland Gold Belt of the province of\nNewfoundland and Labrador.\n \n\n\n\n ON BEHALF OF THE BOARD OF DIRECTORS\nOF\n \n\n\n\n GOLDEN RIDGE RESOURCES LTD.\n \n\n\n\n “Mike Blady”\n \n\n\n\n Mike Blady\n \n\n\n\n President and Chief Executive Officer\n \n\n\n\n For more information regarding this\nnews release, please contact:\n \n\n\n\n Mike Blady, CEO and Director\n \n\n\n\n T: 250-717.3151\n \n\n\n\n W:\n \n\n\n\n www.goldenridgeresources.com\n \n\n\n\n\n\n\n Forward Looking\nInformation\n \n\n\n\n\n This press release contains “forward-looking\ninformation” within the meaning of applicable Canadian securities\nlegislation. Generally, forward-looking information can be identified\nby the use of forward-looking terminology such as “plans”,\n“expects” or &#x201...

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