Goldcana Resources Inc. has received approval from the Canadian Securities Exchange to acquire up to 100% interest in the La Sarre Gold Project in Québec. The company issued 10 million shares and paid $200,000 in cash as initial consideration under the option agreement. The project covers 48,615 hectares in the Abitibi Greenstone Belt and is an early-stage exploration property with no current mineral resources. Further cash payments, exploration expenditures, and milestone obligations remain as per the agreement, which also includes royalty terms. This acquisition expands Goldcana's portfolio and positions it for future exploration in a promising gold region.
Goldcana Resources Inc. news is presented with Basic Materials sector data from Pluang. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 01, 2026 04:11 WIB: Of 38 priced US stocks, 14 rose and 24 fell. MP Materials rose 4.29% to USD 47.38 with 92% buy orders. Standard Lithium Ltd gained 3.89% to USD 1.87 but had 62% sell orders. Icl Group Ltd dropped 2.71% to USD 5.03 with a typical hold time of 56 days.
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