TomaGold Announces Definitive Asset Purchase Agreement for Hazeur, Monster Lake East, and Monster Lake West Properties
Montreal, Quebec – July 11, 2025 – TomaGold Corporation (TSXV: LOT) is pleased to announce that it has entered into a definitive asset purchase agreement for the sale of its Hazeur, Monster Lake East, and Monster Lake West properties. This significant transaction marks a key strategic move for the company, allowing it to focus its resources and efforts on advancing its other promising exploration projects.
The agreement, finalized on July 11, 2025, outlines the terms and conditions for the divestiture of these three valuable mineral properties. While specific details of the transaction have not been fully disclosed at this time, the company has confirmed that the agreement represents a positive step forward in its ongoing strategy to streamline its asset portfolio and maximize shareholder value.
The Hazeur, Monster Lake East, and Monster Lake West properties are located in promising geological regions with the potential for significant mineral discoveries. The decision to sell these assets has been made after careful consideration and evaluation of the company’s overall strategic objectives. TomaGold believes that this divestiture will allow management to concentrate on projects that are currently in more advanced stages of exploration or development, thereby optimizing the allocation of capital and human resources.
This transaction is expected to provide TomaGold with enhanced financial flexibility, which can be strategically deployed to further its exploration programs on its core properties, including those with high potential for the discovery of gold and other valuable minerals. The company remains committed to its mission of discovering and developing economically viable mineral deposits.
Further updates regarding the completion of the transaction and the company’s future exploration plans will be provided in due course. TomaGold Corporation looks forward to a productive and successful period as it continues to advance its growth strategy within the mining sector.
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Business Wire French Language News published ‘TomaGold annonce la signature d’une convention définitive d’achats d’actifs pour la vente des propriétés Hazeur, Monster Lake Est et Monster Lake Ouest’ at 2025-07-11 11:30. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.