NatGold Digital signs $20M definitive agreement to acquire historic Idaho gold project

The payments are structured as follows: US$2 million payable upon completion of a 45-day due diligence period following execution of the Agreement; US$18 million payable on or before the first anniversary date of the agreement. If the right is exercised and the transaction completed, NatGold Digital would secure a 73% net allocation of the total NatGold Token minting attributable to the deposit. The patented claims that comprise this acquisition include one stand-alone and four contiguous claims totaling approximately 97.113 acres. The Friday Gold Project currently hosts a National Instrument 43-101 compliant mineral resource totaling approximately 632,641 ounces of gold. Under NatGold Digital's standardized tokenization ratios, these resources would currently equate to approximately 314,204 NatGold Tokens. Gross token minting attributable to the Friday Gold Project would be allocated as follows: Vendor Allotment (economic participation) – 20% NatGold Digital Allocation – 73% NatGold Contingency Fund Allocation – 5% Social Giveback Program Allocation – 2%.