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AXO COPPER COMPLETES ACQUISITION OF SAN ANTONIO GOLD PROJECT FROM OSISKO DEVELOPMENT
Axo Copper Corp. (TSXV: AXO) ("Axo Copper" or the "Company") is pleased to announce that, further to its news release dated November 24, 2025 (the "Initial News Release"), it has completed the acquisition (the "Transaction") of Sapuchi Minera S. de R.L. de C.V. ("Sapuchi Minera") from Osisko Development Corp. ("Osisko Development") pursuant to (i) a securities purchase agreement with Osisko Development dated November 21, 2025 (the "Securities Purchase Agreement"), and (ii) a share issuance agree
About this update from Or Royalties Inc.
[{"type":"text","content":"/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":177,"tagName":"p","attribs":{}},{"type":"text","content":"HALIFAX, NS, Jan. 27, 2026 /CNW/ - Axo Copper Corp. (TSXV: AXO) ("Axo Copper" or the "Company") is pleased to announce that, further to its news release dated November 24, 2025 (the "Initial News Release"), it has completed the acquisition (the "Transaction") of Sapuchi Minera S. de R.L. de C.V. ("Sapuchi Minera") from Osisko Development Corp. ("Osisko Development") pursuant to (i) a securities purchase agreement with Osisko Development dated November 21, 2025 (the "Securities Purchase Agreement"), and (ii) a share issuance agreement with OR Royalties International Ltd. ("OR International"), a wholly-owned subsidiary of OR Royalties Inc., dated November 21, 2025 (the "Share Issuance Agreement"). Sapuchi Minera holds a 100% interest in the San Antonio gold project ("San Antonio") located in Sonora State, Mexico. In connection with the Transaction, Sapuchi Minera and OR International also entered into an amended and restated stream agreement, as described in the Initial News Release. Prior to closing, the parties agreed to certain revisions to the terms of the Securities Purchase Agreement and Share Issuance Agreement set forth in the Initial News Release, as described below.","length":1297,"tagName":"p"},{"type":"text","content":"Jonathan Egilo, Axo Copper's CEO, commented: "We are excited to announce the closing of the acquisition of San Antonio, and welcome two new shareholders, Osisko Development and OR International. We firmly believe this is a transformational move for the Company. San Antonio is in the advanced development stages, has existing infrastructure, along with excellent exploration and resource growth potential. The transaction repositions Axo Copper as a late-stage development company, while we continue to explore at our La Huerta project. We are well positioned for 2026, and look forward to begin advancing and growing San Antonio."","length":645,"tagName":"p"},{"type":"text","content":"At closing of the Transaction, the Company issued 15,325,841 common s...