05:06 PM EDT, 03/27/2026 (MT Newswires) -- Churchill Resources (CRI.V) after the close Friday, said the TSX Venture Exchange has approved its previously announced definitive option agreement with Canstar Resources ( CSRNF ) , that gives Churchill the option to acquire a 100% undivided interest in certain mining claims comprising the Golden Baie antimony-gold property in central Newfoundland.

According to a statement, under the terms of the agreement, Churchill issued 15.83 million shares to Canstar and made a cash payment of about $208,167 to cover existing cash bonds on the Golden Baie property, which comprises 29 map-staked licences representing 1,597 claims covering a total of 39,925 hectares, or 399.25 square kilometres.

Churchill's shares closed down $0.01 at $0.10 on TSXV on Friday.