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Graycliff, completes Shakespeare Project acquisition agreement… issues 2.3 million shares
Greklev Exploration Ltd. announced that it has successfully completed an acquisition agreement involving geological data and materials related to its Shakespeare project. Under this agreement, Greklev has issued 2,300,000 common shares of the company to the seller.
The issued shares are subject to resale restrictions for a certain period, with the first restriction lifting four months after March 5, 2026. Restrictions will then be gradually lifted at 6 months, 9 months, and 12 months.
Greklev President and CEO Arnt Rohlisch expressed high expectations for the core review and testing obtained from this acquisition, stating that the agreement will play an important role in the company’s development plans.
Greklev Exploration Ltd. is a company primarily focused on mineral exploration of the Shakespeare project in Canada. To date, over 12,500 meters of drilling have been completed, with gold discovered in multiple drill holes.
Additional information or inquiries can be made via the company’s email or phone number. The Canadian Securities Exchange has not reviewed or taken responsibility for the content of this press release. Please note that this press release contains forward-looking statements or information, which involve inherent uncertainties.