Gold Candle Ltd. agreed to acquire Pan American Silver Corp larder property in the Abitibi region from Pan American Silver Corp. (TSX:PAAS) on May 8, 2026. The consideration consists of 15 million common equity of Gold Candle Ltd. to be issued for assets of Pan American Silver Corp larder property in the Abitibi region.

The expected completion of the transaction is July 1, 2026 to September 30, 2026.