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Roxmore completes secondary payment for Newton Gold Project by issuing shares worth C$1.25M

Company Fundamentals
03 Jun 2026
Newsfile Corp
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Neutral
Roxmore completes secondary payment for Newton Gold Project by issuing shares worth C$1.25M

Roxmore Resources has completed the secondary payment to acquire the Newton Gold Project by issuing 312,500 common shares valued at C$1.25 million to Carlyle Commodities Corp. This payment marks the 12-month anniversary of the acquisition and includes resale restrictions on the shares. Additionally, Roxmore issued 62,500 shares as a finder's fee related to the transaction. The company continues to focus on developing its flagship Converse Gold Project in Nevada, aiming to unlock its potential with experienced management and technical expertise.

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