05:05 PM EDT, 03/19/2026 (MT Newswires) -- Cascadia Minerals ( CAMNF ) Thursday provided an update on its agreement to purchase the Byng and Mars properties from Strategic Metals.

According to the statement, Cascadia will pay Strategic $250,000 for the acquired properties, consisting of $125,000 in cash and $125,000 in Cascadia common shares. The transaction is a non-arms length and is a reviewable transaction under TSX Venture Exchange policies as Strategic and Cascadia share a common director, Bruce Youngman.