North Bay Resources Inc. (OTCPK:NBRI) entered into a share purchase agreement to acquire 55.5% stake in 0877887 B.C. Ltd. from 1436132 B.C. Ltd. for CAD 0.53 million on March 29, 2024. Within this transaction, NBRI acquires 55.5% of 0877887 B.C. by assuming the amended cash payment and common share transfers to CMC as follows: Cash payments of $12,500 (CAD 16,940) payable on signing; $12,500 (CAD 16,940) payable on May 1, 2024; $12,500 (CAD 16,940) payable on June 1, 2024; $12,500 (CAD 16,940) payable on July 1, 2024 and $50,000 (CAD 67,760) payable on or before July 11, 2024. Share payments CAD 200,000 in common shares of NBRI to be delivered on signing and CAD 200,000 in common shares of NBRI to be delivered on or before July 11, 2024.

North Bay Resources Inc. (OTCPK:NBRI) completed the acquisition of 55.5% stake in 0877887 B.C. Ltd. from 1436132 B.C. Ltd. on April 4, 2024.