Emergent Metals Advances Golden Arrow Sale to Fairchild Gold

Emergent Metals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, MUN: ELM) has announced a significant step forward in the sale of its Golden Arrow Property in Nevada. Fairchild Gold Corp. is now seeking shareholder approval to complete the acquisition, with a special meeting scheduled for June 9, 2026. This transaction, governed by an asset purchase agreement dated March 23, 2026, includes substantial consideration for Emergent: a cash payment of US$350,000 upon TSX Venture Exchange approval (in addition to a non-refundable US$250,000 deposit already paid), issuance of 12,500,000 common shares of Fairchild, and a senior secured promissory note of US$3,500,000 with an 8.5% interest rate. Emergent will also retain a 0.5% net smelter return royalty on the property, which Fairchild can buy out for US$1,000,000 to US$1,500,000 depending on timing. The transaction is expected to close in June 2026, subject to shareholder and regulatory approvals.

Emergent Metals Corp. operates as a gold and base metal exploration company with a unique "Project Accelerator" business model, focusing on acquiring, exploring, and monetizing assets. Its portfolio includes the Golden Arrow Property (an advanced-stage gold-silver project with a defined resource), New York Canyon (copper skarn/porphyry), West Santa Fe (gold, silver, base metals, leased to Lahontan Gold), and Buckskin Rawhide East (leased to Rawhide Mining). In Quebec, the Casa South Property is adjacent to Orezone Gold’s Casa Berardi Mine, and the Trecesson Property is near the Val d’Or camp. Emergent also holds NSR royalties on properties being advanced by Troilus Mining and Agnico Eagle. The company's strategy emphasizes value creation through sales, joint ventures, and royalties, as demonstrated by this transaction.

The news underscores Emergent's ability to execute its divestiture strategy, providing shareholders with a mix of cash, equity, and ongoing royalty income. For Fairchild, acquiring the Golden Arrow Property adds a well-defined resource with permitted drilling plans, positioning it for near-term exploration and development. The structured note with potential early repayment bonuses and step-up features incentivizes Fairchild to advance the project and repay quickly. This deal highlights the ongoing consolidation in the junior mining sector and the value of advanced-stage assets in Nevada’s favorable mining jurisdiction. Readers can find more details on the original release via NEWMEDIAWIRE and on Emergent's website at www.emergentmetals.com.