Nuvau Minerals completes $10M payment to acquire Matagami mining camp interest from Glencore.

Nuvau Minerals has fulfilled its $10 million payment obligation to Glencore as part of an earn-in agreement to acquire interests in the Matagami mining camp in Québec, Canada. The payment included $5 million in cash and $5 million via shares issued to Glencore. This acquisition gives Nuvau control over a significant land package and mining infrastructure, positioning the company to advance exploration and development in a historically productive mining district. The shares issued are subject to regulatory approval and a hold period under Canadian securities laws.