Business
Japan Gold Announces Extension to Investment Agreement with OR Royalties for the Option to Purchase an Additional Net Smelter Return Royalty for US$3 million
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to announce that it has granted a 9 month extension to OR Royalties Inc., ("OR Royalties") giving it the right to acquire an additional 0.5% royalty in certain properties in consideration for US$3 million. The agreement (the "Amending Agreement") gives OR Royalties until November 4, 2026, to exercise the right to increase their existing royalty.
About this update from Japan Gold Corp
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to announce that it has granted a 9 month extension to OR Royalties Inc., ("OR Royalties") giving it the right to acquire an additional 0.5% royalty in certain properties in consideration for US$3 million. The agreement (the "Amending Agreement") gives OR Royalties until November 4, 2026, to exercise the right to increase their existing royalty interest from 1.5% to 2% by paying US $3 million to the Company.","length":604,"tagName":"p"},{"type":"text","content":"After May 5, 2026, Japan Gold can accelerate the November 4, 2026 date by giving OR Royalties 30 days' notice, if the Company announces that it has entered into a joint venture or similar agreement with a mid-tier or major mining company, and that agreement requires the partner to invest a minimum of C$5.0 million in cash proceeds into Japan Gold or the properties covered by the royalty in favour of OR Royalties, within six (6) months of the date on which the joint venture agreement is executed.","length":504,"tagName":"p"},{"type":"text","content":"Pursuant to the original agreement (see news release dated February 4, 2025), OR Royalties acquired an initial 1.5% net smelter return royalty on certain properties and assets in Japan for cash consideration of US$5,000,000.","length":224,"tagName":"p"},{"type":"text","content":"The Amending Agreement is subject to the regulatory approval from the TSX Venture Exchange.","length":91,"tagName":"p"},{"type":"text","content":"About Japan Gold Corp. ","length":22,"tagName":"p"},{"type":"text","content":"Japan Gold Corp. is a Canadian mineral company focused on the exploration and discovery of high-grade epithermal gold deposits across the main islands of Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization in one of the most stable and under explored countries in the world. The Japan Gold leadership and operational team of geologists, drillers and technical advisors have extensive experience exploring and operating in Japan and have a track record of discoveries world-wide. Significant shareholders include ...