Montreal, Quebec, Canada — Dios Exploration Inc. (“Dios”) is pleased to report it has entered into a binding sale and purchase agreement with Azimut Exploration Inc. (“Azimut”) to sell its K2 Property adjacent to their Elmer Property in Eeyou Istchee James Bay, Quebec, Canada.

Azimut will acquire 100% interest in 103 claims covering 54.3 sq. km forming the K2 Property (the “K2 claims”) in the western part of the Lower Eastmain Archean Greenstone Belt, for a cash payment of C$120,000 and the issuance of 200,000 Common Shares of Azimut. Dios will retain a 2.0% NSR royalty on the K2 claims, subject to a buydown of 1.0% NSR for C$3,000,000. The parties were dealing at arm’s length. The Agreement is subject to approval by the TSX Venture.

see & read more on
https://www.diosexplo.com/en/2025/07/03/dios-is-pleased-to-report-it-has-entered-into-a-binding-sale-and-purchase-agreement-with-azimut-exploration-inc/