VANCOUVER, BRITISH COLUMBIA – April 8, 2025 – Buscando Resources Corp. (“Buscando” or the “Company”) (CSE: BRCO.X) is pleased to announce that, further to its news release dated September 16, 2024 the Company has received conditional approval from the Canadian Securities Exchange (the “CSE”) for the Company’s proposed transaction (the “Transaction”) among the Company, 1230439 B.C. Ltd. (“123 B.C.”) and the shareholders of 123
B.C. Pursuant to the Transaction, the Company shall acquire all issued and outstanding shares in the capital of 123 BC. Furthermore, and in conjunction with the Transaction, the Company’s inactive issuer designation shall be removed.
The parties to the Transaction anticipate that the closing of the Transaction and the requalification for listing of the common shares in the capital of the Company on the CSE will occur on or around April 14, 2025, subject to the satisfaction of customary closing conditions and the final approval of the Transaction by the CSE. A copy of the CSE Form 2A Listing Statement prepared in connection with the Transaction and in accordance with the policies of the CSE will be available on SEDAR+ at www.sedarplus.ca and the CSE website.
About 123 BC
123 BC is a privately held company incorporated pursuant to the Business Corporations Act. (British Columbia). 123 BC holds the exclusive option to acquire a 100% interest in the mineral concessions comprising the “Foggy Mountain Project” located in the Toodoggone historic mining region of Northern British Columbia, subject to a 2% net smelter return in favour of the Foggy Mountain Property’s optionors.
About the Company
Buscando Resources Corp. is an exploration company focused on the acquisition, exploration and development of natural resource properties located in Canada. For more information on Buscando please contact the Company (+1 250-877-1394) or visit the website www.buscandoresources.com.
On behalf of the Board of Directors,
BUSCANDO RESOURCES CORP.
“Kyler Hardy”
Chief Executive Officer
Email: [email protected]
This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the completion of the Company’s acquisition of 123 BC and it’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking statements in this news release includes statements related to the Transaction, receipt of all necessary regulatory approvals to the Transaction, satisfaction of the conditions precedent to the Transaction, closing of the Offering, the intended use of proceeds from the Offering, the payment of finders’ fees and issuance of securities in connection therewith and related matters. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.
