On September 12, 2022, Northern Superior Resources Inc., based in British Columbia, concluded an agreement to acquire Ontario's Royal Fox Gold Inc. for $17 million. For this transaction, Northern Superior was advised legally by Cassels Brock & Blackwell LLP and financially by Cormark Securities Inc. In parallel, Royal Fox was counseled by Fasken Martineau DuMoulin LLP on legal matters and Stifel GMP for financial advice. The President, CEO, and Director of Northern Superior, Thomas Morris, expressed strong support for the Chapais-Chibougamau mining district's potential. He underscored the district's Tier-1 mining scale potential, heightened by the company's recent acquisitions, including Genesis Metals and now Royal Fox. These strategic moves brought significant properties in the district under Northern Superior's umbrella, enhancing operational scale and potential value through geological and operational synergies. Echoing this enthusiasm, Royal Fox's President, CEO, and Director Simon Marcotte highlighted the unique opportunity to consolidate an emerging gold camp in a favorable jurisdiction. Marcotte anticipated that the close proximity of resources would yield synergies and bolster the economic prospects and hasten the development of the camp. The future board composition post-acquisition was set to include four existing directors from Northern Superior's board and three from Royal Fox's leadership, with appointments for Victor Cantore as Executive Chairman and Simon Marcotte as President and CEO. The expected closure of the deal was set for November 2022.