Eagle Bay Resources Corp. entered into a definitive agreement to acquire Wicheeda Extension of Zimtu Capital Corp. (TSXV:ZC) for CAD 0.06 million on July 29, 2022. As consideration for the property, Eagle Bay Resources will issue its 0.8 million common shares. The transaction is subject to obtaining the approval of the TSX Venture Exchange.

Eagle Bay Resources Corp. completed the acquisition of a 100% interest in Wicheeda Extension of Zimtu Capital Corp. (TSXV:ZC) for CAD 0.06 million on July 29, 2022. The Company earned a 100% interest in and to 4 claims, known as the Wicheeda Property, located immediately north of the Company's existing Cap Property and adjacent to the Prince Property located approximately 85 km northeast of Prince George British Columbia. In consideration, the Company issued 800,000 common shares with a fair value of CAD 0.06 million.