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Chesapeake Gold sells Tatatila project for 14.99% stake in Mexican Gold

Wed, 12 Nov 2025 18:32:10 -0500

Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) has completed the sale of its Tatatila gold-copper project in Veracruz, Mexico to Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF), according to a company statement.

Under the transaction, Chesapeake received 4,451,361 common shares of Mexican Gold, representing 14.99% of the outstanding shares on an undiluted basis. The company also obtained a 1.5% net smelter return royalty on the project.

Mexican Gold has an option to repurchase 0.5% of the royalty for $500,000 within 10 years, which would reduce Chesapeake's royalty to 1.0%.

The acquired shares are subject to a lock-up period extending beyond the standard

Chesapeake Gold Completes Sale of Tatatila Project for 14.99% of Mexican Gold

Wed, 12 Nov 2025 18:30:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that, pursuant to the definitive agreement previously announced in the Chesapeake news release dated October 1, 2025, it has completed the sale of its Tatatila gold-copper project ("Tatatila") located in Veracruz, Mexico to Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) ("Mexican Gold").

At closing, Chesapeake acquired 4,451,361 common shares of Mexican Gold (the "Consideration Shares"), representing 14.99% of the outstanding Mexican Gold common shares on an undiluted basis. Chesapeake also received a 1.5% net smelter return

Mexican Gold Acquires Tatatila Project in Mexico

Wed, 12 Nov 2025 18:30:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (the "Company" or "Mexican Gold") is pleased to announce that, pursuant to a mining concessions assignment agreement (the "Assignment Agreement") between the Company and its subsidiary, Roca Verde Exploración de México, S.A. de C.V. ("Roca Verde"), with Chesapeake Gold Corp. ("Chesapeake") and its subsidiaries Minerales El Prado, S.A. de C.V. ("MEP") and Chesapeake México, S.A. de C.V. ("Chesapeake Mexico") disclosed in the Company's news release of October 1, 2025, Mexican Gold has acquired 100% of the title and interest (the "Interest") in and to certain

Mexican Gold Acquires Tatatila Project in Mexico

Wed, 12 Nov 2025 18:30:00 -0500

Chesapeake Gold Completes Sale of Tatatila Project for 14.99% of Mexican Gold

Wed, 12 Nov 2025 18:30:00 -0500

Mexican Gold to acquire Tatatila project in Mexico for $222,568

Wed, 01 Oct 2025 06:08:09 -0500

Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) announced it has entered into a definitive agreement to acquire the Tatatila Project in Veracruz State, Mexico, from Chesapeake Gold Corp. and its subsidiaries.

The transaction involves acquiring 100% interest in mineral titles covering 3,824.36 hectares. The Tatatila concessions surround Mexican Gold's existing Las Minas Project and contain several skarn prospects, including possible extensions of the Las Minas resource.

Mexican Gold will issue 4,451,361 common shares to Chesapeake at a deemed value of $0.05 per share, totaling $222,568. The shares will represent 14.99% of Mexican Gold's outstanding common shares once issued. Additionally, the company

Chesapeake Gold Announces Sale of Tatatila Project

Wed, 01 Oct 2025 06:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces that it has entered into a definitive agreement to sell its Tatatila gold-copper project ("Tatatila") located in Veracruz State, Mexico to Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) ("Mexican Gold") in exchange for such number of common shares of Mexican Gold representing 14.99% of the outstanding common shares of Mexican Gold at closing (the "Consideration Shares") and a 1.5% net smelter returns royalty (the "Royalty"). Mexican Gold may repurchase 0.5% of the Royalty (reducing the Royalty to

Chesapeake Gold Announces Sale of Tatatila Project

Wed, 01 Oct 2025 06:00:00 -0500

Mexican Gold Signs Definitive Agreement to Acquire Tatatila Project in Mexico

Wed, 01 Oct 2025 06:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (the "Company" or "Mexican Gold") is pleased to announce that the Company and its subsidiary, Roca Verde Exploración de México, S.A. de C.V. ("Roca Verde"), have entered into a mining concessions assignment agreement (the "Assignment Agreement") with Chesapeake Gold Corp. ("Chesapeake") and its subsidiaries Minerales El Prado, S.A. de C.V. ("MEP") and Chesapeake México, S.A. de C.V. ("Chesapeake Mexico"). Pursuant to the Assignment Agreement, the Company shall acquire 100% of the title and interest (the "Interest") in and to certain mineral titles, and the

Mexican Gold Signs Definitive Agreement to Acquire Tatatila Project in Mexico

Wed, 01 Oct 2025 06:00:00 -0500

Mexican Gold Announces Non-Brokered Private Placement

Tue, 25 Feb 2025 18:46:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (the "Company" or "Mexican Gold") is pleased to announce it has now closed its previously announced a non-brokered private placement offering for aggregate gross proceeds of CAD $160,000 through the issuance of 4,000,000 units (the "Units") of the Company at a price of $0.04 per Unit (the "Offering"). Each Unit shall consist of one (1) common share ("Share") in the capital of the Company and one (1) transferable share purchase warrant ("Warrant"), whereby each Warrant shall be convertible into an additional

Mexican Gold Announces Non-Brokered Private Placement

Tue, 25 Feb 2025 18:46:00 -0500

Mexican Gold Announces Non-Brokered Private Placement