Gold Hunter Resources Inc. (CNSX:HUNT) entered into a property purchase agreement to acquire 4 mineral claim licenses of Hicks Property from Darrin Hicks for CAD 0.03 million on July 12, 2023. The consideration for the issuance of 125,000 common shares to Hicks at Closing, and the payment of CAD 0.01 million to Hicks within 90 days of Closing. The transaction is subject to applicable regulatory approvals and is expected to close within ten days.

Hicks will retain a 2% net smelter returns royalty (NSR) on the Snook Property. The Company holds the right to buy back 50% of the NSR at any time for CAD 1 million.