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Highland Critical Minerals Corp. and 6025 Nunavut Ltd. Execute Definitive Agreement to Acquire Nunavut Mining Claims

Toronto, Ontario--(Newsfile Corp. - November 24, 2025) - Highland Critical Minerals Corp. (CSE: HLND) ("Highland" or the "Company") is pleased to announce that, together with its wholly owned subsidiary, 6025 Nunavut Ltd. ("6025 Nunavut"), on November 21, 2025, it executed a definitive asset purchase agreement (the "Agreement") with an arm's length individual (the "Vendor") to acquire a 100% interest in certain mining claims (the "Acquisition") located in the Territory of Nunavut, Canada (the...

articleHighland Critical Minerals Corp. Class ANovember 24, 20254/company/highland-critical-minerals-corp-class-a/news/highland-critical-minerals-corp-and-6025-nunavut-ltd-execute-definitive-agreement-to-acquire-nunavut-mining-claims
Highland Critical Minerals Corp. and 6025 Nunavut Ltd. Execute Definitive Agreement to Acquire Nunavut Mining Claims

About this update from Highland Critical Minerals Corp. Class A

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - November 24, 2025) - Highland Critical Minerals Corp. (CSE: HLND) ("Highland" or the "Company") is pleased to announce that, together with its wholly owned subsidiary, 6025 Nunavut Ltd. ("6025 Nunavut"), on November 21, 2025, it executed a definitive asset purchase agreement (the "Agreement") with an arm's length individual (the "Vendor") to acquire a 100% interest in certain mining claims (the "Acquisition") located in the Territory of Nunavut, Canada (the "Property"). Completion of the Acquisition remains subject to customary closing conditions, including regulatory approvals.","length":695,"tagName":"p"},{"type":"text","content":"Transaction Summary","length":19,"tagName":"p"},{"type":"text","content":"The Property comprises of two contiguous mineral claims, Claim Numbers 105115 and 105116, totaling approximately 2,468.66 hectares, as described in Schedule "A" to the Agreement. The Property is located in Nunavut, Canada, and is considered prospective for gold and base metals, aligning with Highland's strategy to expand its portfolio in the region.","length":365,"tagName":"p"},{"type":"text","content":"Under the terms of the Agreement, the Vendor has agreed to sell, assign, and transfer to 6025 Nunavut a 100% interest in the Property. 6025 Nunavut is a wholly owned subsidiary of Highland. The consideration for the Acquisition consists of 50,000 class common shares in the capital of Highland (the "Consideration Shares"), to be issued to the Vendor, subject to customary conditions, including receipt of all necessary regulatory approvals and compliance with applicable securities laws and the rules of the Canadian Securities Exchange ("CSE"). The value of the Consideration Shares will be determined based on the closing price of Highland's class A common shares that are listed on the CSE on the last trading day prior to closing the Acquisition. The Consideration Shares will be subject to a four-month statutory hold period and additional contractual resale restrictions for 12 months following closing.","length":934,"tagName":"p"},{"type":"text","content":"Conditions to Closing","length":21,"tagName":"p"},{"type":"text","content":"The closing of the Acquisition is subject to a number of c...

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NunavutHighlandcustomary conditionsregulatory approvalsAcquisitionwholly owned subsidiaryNewsfile Corp.the Agreement