GGL Resources Corp. Completes Strategic Transaction for Yukon Properties

Vancouver-based GGL Resources Corp. has secured final approval from the TSX Venture Exchange for its copper-gold property transaction with Strategic Metals Ltd. Initially announced on July 27, 2026, the transaction required approvals from disinterested shareholders, which were obtained during the companies' annual meetings on August 31, 2026.

The agreement grants GGL the ability to wholly acquire the Hopper, Kluane, Batt, and Moraine properties in southwest Yukon. GGL can earn a 70% interest by issuing a million shares to Strategic and investing $10 million in exploration by 2029. Achieving a full 100% interest requires an additional payment before March 2030.

Upon completing the deal, Strategic retains a 2% net smelter royalty, with GGL holding an option to purchase half of this royalty for $3 million before commercial production begins.