Sky Gold Corp. (TSXV:SKYG) agreed to acquire KA Nickel-Copper-Cobalt-Chrome-Platinum Group Element Property for CAD 0.195 million on July 12, 2023. The consideration includes 815,000 shares of Sky Gold and pay CAD 125,000 in cash to the vendors, over a 4-year period.

The Company will additionally grant a 2.0% Royalty to the vendors. Advance Royalty payments of $20,000 are due annually to the vendors, between years 5 and 10 of this Agreement. The transaction is subject to TSX Venture approval.