Sennen Potash Corporation entered into an agreement to acquire Eagle River Exploration Project in Urban-Barry region from ESGold Corp. (CNSX:ESAU) for CAD 2.3 million on November 28, 2022. The consideration of CAD 2.3 to be satisfied by CAD 0.05 million cash and the issuance of CAD 11.25 million flow-through shares in Sennen at a value of CAD0.20 per share. The shares are subject to a two (2) year escrow provisions. 15% issued upon close of the transaction (subject to a four (4) month regulatory hold), 15% issued six (6) months after close of the transaction, 15% issued twelve (12) months after close of the transaction, 30% issued eighteen (18) months after close of the transaction and 25% issued twenty-four (24) months after the close of the transaction. The transaction is subject to regulatory approval. On January 3, 2023, Sennen Potash received conditional approval from the TSX Venture Exchange to close the above acquisition.

Sennen Potash Corporation cancelled the acquisition of Eagle River Exploration Project in Urban-Barry region from ESGold Corp. (CNSX:ESAU) on January 31, 2023. Sennen was unable to satisfy all the closing conditions of the TSX Venture Exchange in respect of the acquisition and could not proceed with the purchase of Eagle River.