Rocky Shore Completes Acquisition of Newfoundland Mining Claims

Rocky Shore Gold Ltd. has finalized the acquisition of 13 mining claims in central Newfoundland through a wholly-owned subsidiary. The company paid $25,000 in cash and issued 250,000 common shares for the claims. In addition, the sellers retained a 2.0% net smelter return royalty.

The transaction follows an earlier announcement, with more details available from the release dated April 16, 2026. This acquisition aims to bolster Rocky Shore's exploration efforts in one of Canada's promising gold belts. The company's focus remains on expanding its Gold Anchor Project, which includes large porphyry-controlled deposits and several high-grade targets.

The acquisition was supported by the 2026 Junior Exploration Assistance Program from Newfoundland and Labrador's Department of Natural Resources.