08:57 AM EDT, 07/25/2025 (MT Newswires) -- Winshear Gold (WINS.V) on Friday said it received the final approval from the TSX Venture Exchange for its property option agreement to earn a 100% interest in the Thunder Bay Gold Project (TBGP) located northeast of Thunder Bay.

The company said it issued 100,000 shares each to two vendors. It said it must make minimum expenditures of $250,000 within the first six months, and additional expenditures of $250,000 on or before the second anniversary of the TSXV approval.

Winshear also agreed to pay an advance royalty to the vendors. It will issue an additional 250,000 common shares to the vendors upon the SEDAR+ filing of an NI 43-101 compliant resource estimate of a minimum one million ounces of gold equivalent on the project.

Shares of the company closed unchanged at $0.11 on Thursday on the TSXV.

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