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Adyton amends JV deal with East Vision for Fergusson Island gold projects

PUBT·05/06/2026 11:26:08
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Adyton amends JV deal with East Vision for Fergusson Island gold projects
  • Adyton Resources signed amended investment and development agreement with East Vision International Holdings for Fergusson Island gold projects Wapolu and Gameta, replacing joint venture earn-in agreement dated May 2, 2024.
  • East Vision can earn up to 50% of Fergusson Mining through up to USD 9.5 million equity investment, including USD 8.5 million tied to permitting and development to start Wapolu operations in Q4 2026, targeting nameplate capacity by Jan. 31, 2027.
  • Structure allows up to USD 2 million shareholder loan at 10% interest if Wapolu funding falls short, with separate Gameta development financing expected via East Vision Group loan facility at 8% interest.
  • Agreement includes up to 4,500,000 restricted share units in three 1,500,000 tranches linked to Gameta feasibility, permitting, and first-module commissioning milestones through Dec. 31, 2029.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Adyton Resources Corporation published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.

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