BINDING TERM SHEETBullfrog Gold Corp. • September 11th, 2020 • Metal mining
This Binding Term Sheet (the “Term Sheet”) dated as of the 7th day of September 2020 (the “Effective Date”), sets forth the principal understanding between Homestake Mining Company of California Inc., a California corporation (“Homestake”), Lac Minerals (USA) LLC, a Delaware limited liability company (“Lac Minerals” and together with Homestake, the “Barrick Parties”), Augusta Investments Inc. and/or its affiliates and certain other individuals identified by Augusta Investments Inc. (together, the “Augusta Group”) and Bullfrog Gold Corp., a Delaware corporation (“BFGC”), with respect to an integrated transaction involving (i) the purchase by BFGC from the Barrick Parties of all of the equity interests (the “Equity Interests”) in Bullfrog Mining LLC, the successor by conversion of Barrick Bullfrog Inc. (the “Target”), a Delaware corporation (the “Acquisition Transaction”), and (ii) the concurrent financing pursuant to which the Augusta Group will acquire Units (as defined below) of BFGC
Via Email Rocky Mountain Minerals Corp. Bullfrog Gold Corp.Letter Agreement • September 11th, 2020 • Bullfrog Gold Corp. • Metal mining
