Huntington announced that it has entered into two mineral property acquisition agreements with arm’s length third parties with respect to the purchase of mineral exploration properties in the Birch-Uchi region on Ontario bridging Treaty 3 and Treaty 9 Territories. The Proposed Acquisition is expected to close on or before January 22, 2021, subject To Approve the TSX Venture Exchange. Pursuant to the Proposed Acquisition, the purchase price for the Birch-Uchi Property will be satisfied by a cash payment in the aggregate amount of $30,000 and the issuance of an aggregate of 200,000 common shares in the capital of the Corporation at a deemed price of $0.165 per share. The common shares issued in connection with the Proposed Acquisition will be subject to a hold period of four month and a day from the date of closing. In addition, one of the vendors has retained a 1.5% Net Smelter Return royalty, payable upon the commencement of commercial production from the Birch-Uchi Property. The Corporation has the right at any time to purchase one-half of the NSR royalty from such vendor, in consideration of the payment of $500,000, thereby reducing such royalty to a 0.75% NSR royalty. The exploration area that comprises the Birch-Uchi Property is located midpoint between Red Lake and the Springpole Gold Project approximately 80 kilometers northeast of Red Lake within the same regional geological depositional environment. The Proposed Acquisition will consolidate positions held by the two arm’s length third party vendors, which in total cover an area of 7,425 hectares. This region has drawn new attention driven by improved commodity pricing and following the completion of the Proposed Acquisition, Huntington would own a critical mass of contiguous exploration opportunities with an exploration workplan currently in development for 2021.