Sitka Gold Corp. (TSXV:SIG) executed a definitive asset purchase agreement to acquire The Clear Creek Property Claims from Victoria Gold Corp. (TSX:VGCX) for CAD 14.9 million on June 24, 2024.

Pursuant to the Purchase Agreement, as per the consideration Sitka Gold Corp will issue 21.843401 million shares and will make additional deferred Payments, CAD 2 million on or before August 30, 2025, CAD 3 million on or before June 24, 2026, and CAD 6 million on or before June 24, 2027. Sitka will act as operator of the Clear Creek Property and have control over its work programme. Approval of the shareholders of Sitka in accordance with Exchange policies is required.