Western Star Resources acquires Eagle Point tungsten mine in New Mexico for C$150,000, 4,000,000 shares
Whitestone REIT
Whitestone REIT WSR | 0.00 |
- Western Star Resources acquired a 100% interest in the past-producing Eagle Point tungsten mine in Hidalgo County, New Mexico.
- Consideration: cash payment of C$150,000, issuance of 4,000,000 common shares, grant of a 1.5% net smelter returns royalty.
- Royalty terms include an option to repurchase 1% of the NSR for C$1 million, reducing the royalty to 0.5%.
- Asset includes 24 unpatented lode mining claims in the Granite Pass area of the Little Hatchet mining district.
- Transaction remains subject to customary closing conditions, including regulatory approvals.
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. Western Star Resources Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202606150305TNWSWRCACNPR_____1AwGFJmez) on June 15, 2026, and is solely responsible for the information contained therein.
