Cameo Resources Inc. to Acquire Kempton Gold Project in Tanzania
SURREY, British Columbia — October 10, 2025 — Leads & Copy — Cameo Resources Inc. (CSE: MEO) has announced it will acquire a 100% interest in the Kempton Gold Project in Tanzania through a Securities Exchange Agreement with 1315418 B.C. Ltd. (Privco).
Under the agreement, Cameo will issue 7 million common shares to Privco shareholders at a deemed price of $0.1125 per share to acquire all outstanding shares of Privco and the Kempton Gold Property rights.
The acquisition allows Cameo to acquire 100% right and interest in the Properties by acquiring all the shares in PrivCo which holds the option to acquire the Properties by the issuance of 7,000,000 common shares as per the Securities Exchange Agreement.It is not anticipated that any new control persons will be created post-closing of this Acquisition.
Cameo Resources Inc. is focused on discovering and developing mineral deposits, with a flagship lithium project in Nevada and strategic acquisitions in precious metals.
Souhail Abi-Farrage, CEO and Director, 1-800-325-1308, IR@cameoresourcesInc.com
Source: Cameo Resources Inc.
Share this story:
