On December 12, 2022, Ascot Resources Ltd. announced a C$200 million financing plan for the Premier Gold Project in British Columbia's Golden Triangle. This includes a US$110 million gold and silver streaming agreement with Sprott Resource Streaming and Royalty Corp. and a C$45 million equity investment from Ccori Apu S.A.C., effectively reaching C$50 million with Canadian Development Expenditures flow-through shares. Ccori Apu's major shareholders also dominate Compañía Minera Poderosa S.A., a significant gold miner in Peru. This finance strategy positions Ascot for minimal debt as they target production by early 2024. Key elements of the package are Sprott Streaming's US$110 million commitment for 8.75% of gold and 100% of silver from Ascot’s projects and Ccori Apu's investment resulting in a 19.9% stake in Ascot common shares with potential board nomination rights. Concurrently, Ascot cancelled a US$15 million facility from Beedie Investments Ltd. All financial operations are set for completion by mid-January 2023, dependent on due diligence and regulatory approvals. Guiding Ascot's decisions are advisors Morrison Park Advisers Inc., Auramet International LLC, and legal counsel Blake, Cassels & Graydon LLP.