Fairchild Gold completes acquisition of Golden Arrow property in Nevada for US$600,000 cash, shares, US$3.5 million note

PUBT · 1d ago
Fairchild Gold completes acquisition of Golden Arrow property in Nevada for US$600,000 cash, shares, US$3.5 million note
  • Fairchild Gold completed the purchase of the Golden Arrow Property near Tonopah, Nevada from Emergent Metals for a mixed cash, equity, debt package.
  • Consideration included USD 600,000 cash, 12,500,000 shares priced at CAD 0.06, a USD 3.5 million senior secured promissory note, a 0.5% NSR royalty.
  • The promissory note carries 8.5% interest, matures March 23, 2031, is secured on the property, includes step-ups to USD 4 million, USD 5 million.
  • Fairchild took on existing royalties on portions of the claims, including 3% NSR structures, annual USD 25,000 advance minimum royalties, a 1% NSR.
  • The asset package covers 17 patented claims, 494 unpatented claims; Fairchild must fund an approximately USD 40,000 BLM financial guarantee.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fairchild Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608140830NEWSFILECNPR____20260814_309649_1) on August 14, 2026, and is solely responsible for the information contained therein.