Good2Go4 Corp. Announces Letter of Intent for Proposed Qualifying Transaction with Critical Minerals Americas Inc., to Advance Its Large-Scale Conceptual Mineralized Shale Exploration of Critical Minerals with Rare Earth Elements Assets

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Calgary, Alberta--(Newsfile Corp. - March 4, 2026) - Good2Go4 Corp. (TSXV: GFOR.P) ("GFOR") is pleased to announce that it has entered into a letter of intent dated February 27, 2026 (the "LOI") with Critical Minerals Americas Inc. ("CMAI"), pursuant to which GFOR and CMAI intend to complete a business combination or other similarly structured transaction, which will constitute a reverse takeover of GFOR (the "RTO Transaction"). It is intended that the RTO Transaction will be an "Arm's Length Transaction", as such term is defined Policy 1.1 – Interpretation of the Corporate Finance Policies of the TSX Venture Exchange (the "Exchange") and will constitute the "qualifying transaction" for GFOR, as such term is defined in Policy 2.4 – Capital Pool Companies of the Corporate Finance Policies of the Exchange. Trading of the common shares of the GFOR has been halted, and it is expected that the common shares of GFOR will remain halted until completion of the RTO Transaction. Pursuant to the RTO Transaction, GFOR will change its name to "Critical Minerals Americas Inc." (the "Name Change") and has reserved the ticker symbol "CMAI", subject to approval of the Exchange.

Pursuant to the terms of the LOI, and subject to certain conditions, including receipt of applicable regulatory and shareholder approvals, at the closing of the RTO Transaction (the "Closing"), it is expected that GFOR will, through a series of steps, acquire all the issued and outstanding securities of CMAI. At the Closing, CMAI will become a wholly owned subsidiary of GFOR (after the Closing, the "Resulting Issuer"). On completion of the RTO Transaction, which is subject to, among other things, the negotiation and execution of a binding definitive agreement (the "Definitive Agreement"), the completion of a minimum capital raise for CMAI in a concurrent financing and such other terms and conditions as are customary for transactions of a similar nature, GFOR intends to apply to list the common shares of the Resulting Issuer on the Exchange (the "Listing"). Pursuant to the terms of the LOI, the parties are obligated to proceed diligently and in good faith towards execution of the definitive agreement, which is underway. In connection with the RTO Transaction, CMAI has appointed Research Capital Corporation as a capital markets advisor for a concurrent private placement financing of subscription receipts of CMAI (the "CMAI Financing"). The price and terms of the subscription receipts of the CMAI Financing will be detailed in a subsequent press release.

Schreibe Deinen Kommentar