Shareholders of QcX Gold Corp. have voted to approve a plan of arrangement involving Sterling Metals Corp. at an annual general and special meeting held on August 18, 2026. The arrangement follows a definitive agreement announced on June 2, 2026, and is currently expected to close on or around August 25, 2026, pending the satisfaction of customary closing conditions, including stock exchange and regulatory approvals.

The acquisition of QcX Gold Corp. creates a consolidated land package exceeding 35,000 hectares across the Batchewana Copper Belt, expanding Sterling’s district footprint by approximately 40% around the Soo Copper Project in northern Ontario. In the trading session coinciding with the shareholder approval, Sterling Metals Corp. shares are currently up 3.36% at $1.23.

Alongside the upcoming acquisition close, Sterling Metals Corp. entered into an access agreement on August 17, 2026, with an arm's length party to conduct mineral exploration on several mineral claims in Ontario. As consideration for this access, Sterling Metals Corp. has agreed to issue the owner 210,000 common shares and 250,000 common share purchase warrants. Each warrant entitles the holder to acquire a common share at a price of $1.23 until the date that is two years from the date of issuance.

Completion of the transaction contemplated by the access agreement remains subject to the approval of all necessary regulatory authorities, including the TSX Venture Exchange. All securities issued pursuant to this agreement will be subject to a statutory hold period of four months and one day from their issuance in accordance with applicable securities laws.

In addition to these transactions, Sterling Metals Corp. staked 24 new claims near the project between June 10, 2026, and July 9, 2026, further expanding its operational footprint in the area.

Read the full announcement: Sterling Metals Announces Approval of Arrangement by QcX Gold Shareholders