CopAur Minerals Inc. (TSXV:CPAU) signed a term sheet to acquire remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV) for CAD 0.66 million on July 8, 2024. As per the consideration CopAur Minerals Inc. will pay CAD 0.475 million and will issue 1 million common shares. The Shares would be deposited in escrow and released in successive releases of 0.25 million Shares once every calendar quarter commencing after expiry of the four-month statutory hold period following the closing date.

If the transaction is completed, CopAur will own 100% of Kinsley Mountain. The transaction is subject to a number of conditions including CopAur arranging a financing in the amount of a minimum of CAD 0.475 million, completion of satisfactory due diligence, and the fulfilment of various closing conditions, including acceptance by the TSX Venture Exchange.