Canadian Phosphate Limited (ASX:CP8) agreed to acquire Diamond Mountain from Revival Gold Inc. (TSXV:RVG) and Utah Mineral Resources, LLC for $3 million on May 29, 2026. The consideration includes Cash payment of $750,000 with $250,000 due on closing date and the remaining $500,000 due on the first 12-month anniversary and Issuance of CP8 shares of $750,000 in value, being 6,041,737 CP8 shares with a deemed issue price of AUD$0.1743 per CP8 share. 50% of the shares are restricted from trading for a period of 12 months and the remaining 50% of shares are restricted from trading for a period of 24 months and Deferred consideration of $1.5 million payable in cash or shares (at CP8?s election) on or prior to the first anniversary of the commencement of commercial production.