on Waskahigan Oil & Gas Corp. (CVE:WOGC)
Waskahigan Oil & Gas Corp's Share Purchase Agreement Terminated
Waskahigan Oil & Gas Corp (CSE:WOGC) announced that its share purchase agreement (SPA) with Terra Metals Inc., Terra Metals Limited, Lunda Resources Limited, and other parties has ended. Initially signed on May 16, 2025, and amended twice, the agreement failed due to unmet obligations. The TMI Parties, including Mumena Mushinge and Brian Chisala, did not provide essential due diligence information, such as financial statements and joint venture expenditure disclosures. Additionally, they failed to submit the necessary CSE listing application by the September 15, 2025 deadline. Despite WOGC's offer to extend the agreement, the TMI Parties declined.
Consequently, the agreement terminated automatically under its terms. For further details, contact Gregory J. Leia, President and CEO of WOGC.
R. E.
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