Vancouver, B.C., August 20, 2024. Norden Crown Metals Corporation (“Norden Crown” or the “Company”) (TSXV:NOCR, OTC:NOCRF, Frankfurt:03E) is pleased to announce that it has entered into a binding letter of intent dated August 19, 2024 (the “Letter Agreement”) with Domestic Copper Corporation (“Domestic Copper”), a privately held British Columbia company, providing for the acquisition by Norden Crown, of 100% of the issued and outstanding securities of Domestic Copper (the “Transaction”), being 3,000,000 common shares (the “Domestic Copper Shares”), in exchange for 8,000,000 common shares of Norden Crown (the “Norden Crown Shares”). The acquisition of Domestic Copper will result in the acquisition of the right to acquire an up to 60% interest (subject to certain back-in rights) in the Smart Creek copper-gold porphyry project, located approximately 16 kilometers north of Philipsburg, Montana (the “Property” or the “Project”). The Property is under option from Rio Tinto Group (through its subsidiary, Kennecott Exploration Company (“Kennecott”)) and consists of 570 unpatented federal mining claims (4,072 Ha) and 45 patented claims (312 Ha) in Granite County, Montana (see Figures 1 and 2 below).
News Release 20 August 2024 – Acquisition
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