York Harbour Metals Inc. (TSXV:YORK) signed an agreement to acquire Bottom Brook Property for CAD 2.6 million on December 21, 2022. The Agreement Includes a consideration for a CAD 100,000 cash deposit to be used for license fees to keep the Property in good standing and a purchase price of CAD 2,500,000 issued an aggregate 5.081293 million common shares of York at a deemed price of CAD 0.492 per Compensation Share, equal to the 5-day volume weighted average price per share calculated for the period 10 business days prior to closing. The Property is subject to a 3% net smelter returns royalty (the 'NSR') payable to the Newbay Shareholders, of which 2% may be purchased by the royalty payor for CAD 1.5 million.

York Harbour Metals Inc. (TSXV:YORK) completed the acquisition of Bottom Brook Property on January 30, 2023.