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':"";if(a){var r=n.promos.showYahooLogo?"":"yns-no-logo";a=a.replace("{notifOnboardBtnLabel}",n.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",n.promos.notifOnboardMsg).replace("{subscriptionTopic}",n.promos.subscriptionTopic).replace("{noLogoClass}",r).replace("{promoLogo}",n.promos.promoLogo)}var s=t.newCount>n.panel.maxCount?t.newCount:"",c=n.panel.notificationCenterPath,l=c?"":P,u=n.panel.headerMsg?"":" "+P,d=c?R:"",p=void 0;t.count?p=t.markup:p='{emptyPanelMsg}'.replace("{emptyPanelMsg}",n.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",a).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",d).replace("{headerMsg}",n.panel.headerMsg).replace("{hideHeaderClass}",u).replace(/{notificationCenterNavMsg}/g,n.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:"render",value:function(e,t){var n=this;if(n._panelNode){var o=void 0,i=n._panelNode,a=void 0,r=void 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property.Under the terms of the agreement, Evergold is required to consolidate its common shares at a ratio of ten pre-split shares to one post-split share.The agreement also necessitates the gradual disbursement of 533,332 post-consolidation Evergold shares over two years.Additionally, upon exercising the option, Evergold will grant a 2.5% net smelter returns (NSR) royalty to the optionors, with the possibility to buy back 1.5 percentage points for C$1.5m ($1.08m).The consideration shares will be distributed in three stages, with the first issuance occurring one week after the consolidation's effective date. The remaining shares will be issued on 2 July 2026, and 2 July 2027.All shares will be subject to a four-month holding period from the date of issuance.The acquisition is subject to necessary regulatory approvals, including the TSXV approval. Additionally, for the consolidation to proceed, it must receive the approval of two-thirds of the company's shareholders.The Copper King property comprises the Goat, Chuck, Copper King, and Claw prospects.Historical drilling at Claw indicated significant copper mineralisation, though no assays were conducted at the time.Subsequent rock sampling in 1984 revealed high copper and silver mineralisation values in vein-fracture systems and disseminations in altered country rock.It was recommended to defer further exploration until metal prices improved and no exploration work has been carried out since then."Evergold to acquire 100% interest in Copper King prospects in Canada" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. 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