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Newpath Resources Enters LOI to Sell Northshore Gold Project
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Newpath Resources Enters LOI to Sell Northshore Gold Project

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Invest with Confidence:

Ready Set Gold ( (TSE:PATH) ) just unveiled an announcement.

Newpath Resources Inc. has announced that Great Eagle Gold Corp. completed due diligence on the Northshore Gold Project and has entered into a Letter of Intent to acquire the project. The acquisition aims to tokenize the gold resource, linking it with NatGold Digital Ltd.’s platform, which will aid Newpath in managing its convertible debt. The proposed transaction includes a purchase price of CDN$1,000,000, with specific payment terms and a price adjustment based on gold’s market value. The proceeds will help Newpath strengthen its financial position and negotiate repayment terms on its convertible debentures.

More about Ready Set Gold

Newpath Resources Inc. is a Canadian exploration company listed on the CSE under the symbol PATH.

YTD Price Performance: 100%

Average Trading Volume: 10,566

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$993.4K

For a thorough assessment of PATH stock, go to TipRanks’ Stock Analysis page.

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