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Trailbreaker Resources Announces Exchange Approval Of Wheaton Gold Property Option

(TheNewswire) July 25, 2025 – TheNewswire - Trailbreaker Resources Ltd. (TBK...

articleTrailbreaker Resources LtdJuly 25, 20255/company/trailbreaker-resources-ltd/news/trailbreaker-resources-announces-exchange-approval-of-wheaton-gold-property-option
Trailbreaker Resources Announces Exchange Approval Of Wheaton Gold Property Option

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[{"type":"text","content":"Trailbreaker Resources Announces Exchange Approval Of Wheaton Gold Property Option \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n July 25, 2025 –\n \n\n TheNewswire -\n \n\n Trailbreaker Resources Ltd.\n(TBK.V)\n \n\n (“Trailbreaker” or “the\nCompany”) is pleased to announce that the TSX Venture stock exchange\n(the “Exchange”) has approved the option agreement for\nTrailbreaker to acquire a 100% interest in the Wheaton Gold property,\nnorthwestern British Columbia (BC).\n \n\n\n\n The 2,223-hectare Wheaton Gold property is located 60\nkm east of Dease Lake, BC, and covers the headwaters of multiple\nplacer gold-bearing creeks, including Alice Shea Creek, source of the\nfamous 52 troy oz ‘Turnagain nugget’. Details of the project can\nbe found in\n \n\n\n\n Trailbreaker’s July\n7\n \n\n\n\n th\n \n\n\n\n , 2025 news\nrelease.\n \n\n\n\n\n\n Terms of the Option Agreement\n \n\n\n\n On July 1\n \n\n st\n \n\n , 2025 (the “Effective Date”),\nTrailbreaker signed an option agreement (the “Agreement”) with\nCordilleran Properties (the “Optionor”) of Kamloops, BC. Subject\nto the approval of the TSX Venture Exchange, Trailbreaker has the\noption to acquire a 100% interest in the Wheaton Gold property by\ncompleting the following:\n \n\n\n\n (a)\n \n\n paying to the Optionor\n$10,000 on the Effective Date;\n \n\n\n\n (b)\n \n\n\n\n\n\n paying to the Optionor $10,000 on\nor before the first anniversary of the Effective Date\n \n\n\n\n ;\n \n\n\n\n (c)\n \n\n paying to the Optionor\n$15,000 on or before the second anniversary of the Effective Date;\n \n\n\n\n (d)\n \n\n paying to the Optionor\n$25,000 or issuing to the Optionor $25,000 worth of Trailbreaker\ncommon shares (“Shares”) on or before the third anniversary of the\nEffective Date;\n \n\n\n\n (e)\n \n\n paying to the Optionor\n$75,000 or issuing to the Optionor $75,000 worth of Shares on or\nbefore the fourth anniversary of the Effective Date; and\n \n\n\n\n (f)\n \n\n completing $1,000,000 of\nexpenditures on or before the fifth anniversary of the Effective\nDate.\n \n\n\n\n A maximum of 2,000,000 common shares will be issued at\na deemed price per share equal to the greater of CDN$0.05 and the VW...

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