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Metals Creek, Benton to acquire 2 Newfoundland mineral licenses subject to 2% NSR royalty
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Metals Creek, Benton to acquire 2 Newfoundland mineral licenses subject to 2% NSR royalty
  • Metals Creek agreed to jointly buy two mineral licenses covering 30 claim units in Newfoundland’s Deer Lake Basin and Parsons Pond area.
  • Deal gives Metals Creek and Benton 50% ownership each in the properties, subject to a 2% net smelter royalty held by G2B Gold.
  • Consideration includes issuing 120,000 Metals Creek shares to G2B at closing, pending regulatory and TSXV sign-off.
  • Companies can buy back 1% of the royalty for CAD 1 million at any time.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metals Creek Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608180729NEWSFILECNPR____20260818_310162_1) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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