StreetInsider.com News Articles

Sterling Metals to acquire QcX Gold in $0.26 per share deal

Tue, 02 Jun 2026 07:02:33 -0400

Sterling Metals Corp. (TSXV: SAG) (OTCQB: SAGGF) announced it will acquire QcX Gold Corp. (TSXV: QCX) through a court-approved plan of arrangement that creates a consolidated land package exceeding 35,000 hectares across Ontario's Batchewana Copper Belt.

Under the transaction terms, QcX shareholders will receive one Sterling common share for every 4.81026 QcX shares held, representing an implied consideration of $0.25666 per QcX share. Upon completion, existing Sterling and QcX shareholders are expected to own approximately 90.75% and 9.25% of the combined company respectively.

The acquisition expands Sterling's district footprint by approximately 40% and adds multiple copper and gold targets, including extensions of

Sterling Metals Consolidates Ontario's Newest Emerging Copper District Through Acquisition of QcX Gold

Tue, 02 Jun 2026 07:00:00 -0400

Creates a district-scale land package exceeding 35,000 hectares of the Batchewana Copper Belt while expanding Sterling's copper and gold discovery pipeline.

Toronto, Ontario--(Newsfile Corp. - June 2, 2026) - Sterling Metals Corp. (TSXV: SAG) (OTCQB: SAGGF) ("Sterling" or the "Company") and QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) ("QcX") are pleased to announce that they have entered into a definitive agreement pursuant to which Sterling will acquire all of the issued and outstanding securities of QcX by way of a court-approved plan of arrangement (the "Transaction"). The Transaction creates a consolidated land package exceeding 35,000 hectares across the

Sterling Metals Consolidates Ontario's Newest Emerging Copper District Through Acquisition of QcX Gold

Tue, 02 Jun 2026 07:00:00 -0400

Creates a district-scale land package exceeding 35,000 hectares of the Batchewana Copper Belt while expanding Sterling's copper and gold discovery pipeline.

Sterling Metals Provides Corporate Update

Mon, 04 May 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / May 4, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to provide a corporate update on activities at its Soo Copper Project ("Soo Copper" or the "Project") located off the Trans Canada highway, one hour north of Sault Ste Marie, near Batchewana Bay, Ontario. The Company is actively advancing a minimum 20,000 metre drill program, alongside expanded targeting initiatives and operational enhancements, with initial assay results expected in May 2026.

Highlights:

Year-Round Drilling Driving Rapid Progress
- The 2026 drill program is progressing well, with

Sterling Metals Provides Corporate Update

Mon, 04 May 2026 07:30:00 -0400

Highlights:

Year-Round Drilling Driving Rapid Progress
- The 2026 drill program is progressing well, with

Sterling Metals sells Sail Pond project for 96,078 shares

Mon, 13 Apr 2026 17:00:10 -0400

Sterling Metals Corp. (TSX.V:SAG)(OTCQB:SAGGF) entered into a purchase agreement dated March 17, 2026, to sell its 100% interest in the Sail Pond project to an unrelated party, according to a company statement.

Under the agreement terms, the purchaser will issue 96,078 common shares to Sterling Metals as consideration for the property. The transaction requires regulatory approvals, including approval from the TSX Venture Exchange.

Securities issued in the transaction will be subject to a four-month and one-day statutory hold period from issuance, in accordance with applicable securities laws.

Sterling Metals is a mineral exploration company that operates the 25,000-hectare Soo Copper Project in Ontario

Sterling Metals Announces Sale Of Sail Pond Project

Mon, 13 Apr 2026 17:00:00 -0400

TORONTO, ON / ACCESS Newswire / April 13, 2026 / Sterling Metals Corp. (TSX.V:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce that it has entered into a purchase agreement dated March 17, 2026 (the "Agreement") with an arm's length party to the Company (the "Purchaser") for the sale of a 100% interest in the Sail Pond project (the "Property") to the Purchaser. Pursuant to the terms of the Agreement, as consideration for the Property, the Purchaser shall issue 96,078 common shares in the capital of the Purchaser to the Company (the

Sterling Metals Announces Sale Of Sail Pond Project

Mon, 13 Apr 2026 17:00:00 -0400

Sterling Metals Intersects 235.5m at 0.42% Cu and 0.042 g/t Au including 32.75m at 1.31% Cu and 0.11 g/t Au and Discovers New Bornite-Covellite Zone

Mon, 16 Mar 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / March 16, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report the remaining assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. Results from five additional drill holes continued to expand the copper mineralized footprint, while further defining and extending the high-grade bornite zone discovered in September 2025, revealing a new bornite-covellite zone to the northwest (Figures 1 and 2).

Highlights:

Drillhole MEPS-25-20 returned 235.5m at

Sterling Metals Intersects 235.5m at 0.42% Cu and 0.042 g/t Au including 32.75m at 1.31% Cu and 0.11 g/t Au and Discovers New Bornite-Covellite Zone

Mon, 16 Mar 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / March 16, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report the remaining assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. Results from five additional drill holes continued to expand the copper mineralized footprint, while further defining and extending the high-grade bornite zone discovered in September 2025, revealing a new bornite-covellite zone to the northwest (Figures 1 and 2).
Highlights:
Drillhole MEPS-25-20 returned 235.5m at

Sterling Metals Discovers Cu-Mo Porphyry Stock 1.5km from MEPS Discovery Zone Confirming Scale of Porphyry Copper System

Sun, 01 Mar 2026 09:00:00 -0400

TORONTO, ON / ACCESS Newswire / March 1, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report that in the first drill hole of the 2026 drill program, the Company has discovered a greater than 400m zone of felsic porphyry stock hosting widespread, multi-stage copper and molybdenum sulphide mineralization with potassic alteration and porphyry-type veining.
The blind porphyry stock was drill-intersected approximately 1.5km from the MEPS Discovery ("MEPS Discovery") that is highlighted by a 400 x 400m continuous zone of near-surface copper mineralization centered around discovery hole MEPS-25-02

Sterling Metals Discovers Cu-Mo Porphyry Stock 1.5km from MEPS Discovery Zone Confirming Scale of Porphyry Copper System

Sun, 01 Mar 2026 09:00:00 -0400

TORONTO, ON / ACCESS Newswire / March 1, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report that in the first drill hole of the 2026 drill program, the Company has discovered a greater than 400m zone of felsic porphyry stock hosting widespread, multi-stage copper and molybdenum sulphide mineralization with potassic alteration and porphyry-type veining.
The blind porphyry stock was drill-intersected approximately 1.5km from the MEPS Discovery ("MEPS Discovery") that is highlighted by a 400 x 400m continuous zone of near-surface copper mineralization centered around discovery hole MEPS-25-02

Sterling Metals Expands MEPS Discovery Confirming 400m of East-West Strike

Fri, 27 Feb 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / February 27, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report additional assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. Results from 6 additional drill holes continue to expand the copper mineralized footprint, while further defining and extending the high-grade bornite zone. Assays remain pending for the final 5 holes drilled within the core of the MEPS discovery area.
Highlights:
Systematic step-out and infill drilling

Sterling Metals Expands MEPS Discovery Confirming 400m of East-West Strike

Fri, 27 Feb 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / February 27, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report additional assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. Results from 6 additional drill holes continue to expand the copper mineralized footprint, while further defining and extending the high-grade bornite zone. Assays remain pending for the final 5 holes drilled within the core of the MEPS discovery area.
Highlights:
Systematic step-out and infill drilling

Sterling Metals Commences 2026 Drill Campaign at Soo Copper, Ontario

Thu, 19 Feb 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / February 19, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce the commencement of its 2026 drill campaign at the Soo Copper Project ("Soo Copper" or the "Project") located a 1-hour drive north of Sault Ste Marie, near Batchawana Bay, Ontario. The program is planned for a minimum of 20,000 metres with the winter portion of the program aimed at testing the larger scale targets along strike and below the MEPS discovery area (Figure 1 and 2).
The 2026 drill program will

Sterling Metals Commences 2026 Drill Campaign at Soo Copper, Ontario

Thu, 19 Feb 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / February 19, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce the commencement of its 2026 drill campaign at the Soo Copper Project ("Soo Copper" or the "Project") located a 1-hour drive north of Sault Ste Marie, near Batchawana Bay, Ontario. The program is planned for a minimum of 20,000 metres with the winter portion of the program aimed at testing the larger scale targets along strike and below the MEPS discovery area (Figure 1 and 2).
The 2026 drill program will

Sterling Metals Named to 2026 TSX Venture 50 List of Top Performing Companies

Wed, 18 Feb 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / February 18, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce that it has been recognized as one of the top performing companies in the mining sector on the 2026 TSX Venture 50^TM list. In 2025, Sterling delivered a 520% share price increase and 984% growth in market capitalization, ranking 31^st overall among the 50 companies recognized this year.^[1]
TSX Venture 50^TM is an annual ranking of the top performing companies over the last year on the TSX Venture Exchange. The companies

Sterling Metals Named to 2026 TSX Venture 50 List of Top Performing Companies

Wed, 18 Feb 2026 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / February 18, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce that it has been recognized as one of the top performing companies in the mining sector on the 2026 TSX Venture 50^TM list. In 2025, Sterling delivered a 520% share price increase and 984% growth in market capitalization, ranking 31^st overall among the 50 companies recognized this year.^[1]
TSX Venture 50^TM is an annual ranking of the top performing companies over the last year on the TSX Venture Exchange. The companies

Sterling Metals Expands Bornite Zone within Large Porphyry Copper System

Thu, 15 Jan 2026 08:00:00 -0400

TORONTO, ON / ACCESS Newswire / January 15, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report new assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. These new results continue to expand a continuous zone of porphyry copper mineralization first highlighted earlier last year in MJ-25-01 which was later found to contain very high-grade bornite mineralization as previously reported in discovery hole MEPS-25-02 (see press release dated September

Sterling Metals Expands Bornite Zone within Large Porphyry Copper System

Thu, 15 Jan 2026 08:00:00 -0400

TORONTO, ON / ACCESS Newswire / January 15, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report new assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. These new results continue to expand a continuous zone of porphyry copper mineralization first highlighted earlier last year in MJ-25-01 which was later found to contain very high-grade bornite mineralization as previously reported in discovery hole MEPS-25-02 (see press release dated September

Sterling Metals Announces Vertical Amalgamation

Wed, 31 Dec 2025 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Sterling Metals Corp. (TSXV: SAG) (OTCQB: SAGGF) ("Sterling" or the "Company") is pleased to announce that effective as of 12:01 a.m. (EST) on December 31, 2025, it has completed a vertical short form amalgamation with its wholly-owned subsidiary, 17434006 Canada Inc. (the "Subsidiary").
The amalgamation of the Company and its Subsidiary was undertaken in order to simplify the corporate structure of the Company and to reduce administrative costs.
No securities of the Company will be issued in connection with the amalgamation and the Company's share capital will remain unchanged. All of the

Sterling Metals Announces Vertical Amalgamation

Wed, 31 Dec 2025 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Sterling Metals Corp. (TSXV: SAG) (OTCQB: SAGGF) ("Sterling" or the "Company") is pleased to announce that effective as of 12:01 a.m. (EST) on December 31, 2025, it has completed a vertical short form amalgamation with its wholly-owned subsidiary, 17434006 Canada Inc. (the "Subsidiary").
The amalgamation of the Company and its Subsidiary was undertaken in order to simplify the corporate structure of the Company and to reduce administrative costs.
No securities of the Company will be issued in connection with the amalgamation and the Company's share capital will remain unchanged. All of the

Sterling Metals Provides Year End Update to Stakeholders

Fri, 19 Dec 2025 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / December 19, 2025 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to share an open letter from CEO and Director, Mathew Wilson to stakeholders of the Company.
Dear Sterling Stakeholders,
This year marks the most significant milestone to date in our exploration journey.
Over the past twelve months, we advanced a copper project that has fundamentally changed the trajectory of the Company and allowed us to deliver on our long-standing objective of uncovering meaningful copper potential in Canada. In mineral exploration there is a saying: "giants

Sterling Metals Provides Year End Update to Stakeholders

Fri, 19 Dec 2025 07:30:00 -0400

TORONTO, ON / ACCESS Newswire / December 19, 2025 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to share an open letter from CEO and Director, Mathew Wilson to stakeholders of the Company.
Dear Sterling Stakeholders,
This year marks the most significant milestone to date in our exploration journey.
Over the past twelve months, we advanced a copper project that has fundamentally changed the trajectory of the Company and allowed us to deliver on our long-standing objective of uncovering meaningful copper potential in Canada. In mineral exploration there is a saying: "giants

Sterling Metals closes $14 million private placement for Soo project

Wed, 26 Nov 2025 07:30:13 -0400

Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) closed a non-brokered private placement raising $14,000,098.10 in gross proceeds, according to a company statement.

The financing consisted of 5,244,517 units priced at $1.50 per unit and 2,666,662 charity flow-through units at $2.30 per unit. Each unit includes one common share and one-half warrant exercisable at $3.00 per share for two years.

The company will use net proceeds from regular units for general working capital. Gross proceeds from charity flow-through units totaling $6.2 million will fund Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures under the Income Tax Act.

"The $6.2 million raised through charity flow-through represents