Business
Makenita Resources Closes Acquisition of the "Sisson West Tungsten Project" in New Brunswick and the "NTX Rare Earth Project in Quebec"
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2025) - Makenita Resources Inc. (CSE: KENY) (OTCID: KENYF) (WKN: A40X6P) is pleased to announce, further to its news release on November 13, 2025, the closing of an option agreement with an arm's length vendor (the "Vendor") to acquire the "Sisson West Tungsten Project" in New Brunswick and the "NTX Rare Earth Project" in Quebec (the "Properties"). The "Sisson West Tungsten Project" consists of approximately 4,000 contiguous acres...
About this update from Makenita Resources, Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - November 21, 2025) - Makenita Resources Inc. (CSE: KENY) (OTCID: KENYF) (WKN: A40X6P) is pleased to announce, further to its news release on November 13, 2025, the closing of an option agreement with an arm's length vendor (the "Vendor") to acquire the "Sisson West Tungsten Project" in New Brunswick and the "NTX Rare Earth Project" in Quebec (the "Properties"). The "Sisson West Tungsten Project" consists of approximately 4,000 contiguous acres prospective for Tungsten which directly borders the Sisson Tungsten Mine in New Brunswick and the "NTX Rare Earth Project" in Quebec consists of approx. 9000 acres prospective for rare earths. Management cautions that past results or discoveries on properties near Makenita's may not necessarily indicate mineralization on the company's property.","length":913,"tagName":"p"},{"type":"text","content":"Jason Gigliotti, President of Makenita Resources Inc stated, "We are pleased to close on both of these exciting new projects. Rare earths have been thrust in the global spotlight in the past few months so the timing for this new acquisition is ideal. Also, Prime Minister Mark Carney has just made the "Sisson Tungsten Mine" a "Nation Building Project" and Makenita's new project directly borders this mine (figure 1). We anticipate being active on these claims in the short term and with only 33 million shares outstanding the structure is intact for immediate and future growth."","length":615,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":388,"url":"https://media.zenfs.com/en/newsfile_64/4b1caf6e8d44f45c7096b04fff269375"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/tffPoLwDhKGavMRJeYhqsg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY3NztjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/4b1caf6e8d44f45c7096b04fff269375","width":550,"height":388}},"href":"https://images.newsfilecorp.com/files/11165/275416_b99e708064682811_002full.jpg","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11165/275416_b99e708064682811_002full.jpg...