On September 4, 2024, Hemlo Explorers Inc. acquired all of the issued and outstanding common shares of Rocky Shore Metals Ltd in exchange for the issuance of an aggregate 49,999,704 common shares in capital of Hemlo.

Pursuant to the transaction, Hemlo acquired 100 percent ownership of six gold projects in Newfoundland and Labrador, including Rocky Shore’s flagship Gold Anchor Project that totals over 2,100 claims and 533 square kilometers.

Cassels acted for Hemlo with a team that includes Jay Goldman, Alexander Pizale, and Stefan Politano.