Azucar Minerals receives TSXV approval for Nevada option deal

October 3, 2025 7:30 AM EDT

Azucar Minerals Ltd. (TSX-V: AMZ; OTCQX: AXDDF) announced that the TSX Venture Exchange has approved its option agreement with Almadex Minerals Ltd. The agreement allows Azucar to acquire a 60% interest in three Nevada claim blocks: Pilot, Confusion Hills and Red Ring prospects.



The company also reported that Douglas McDonald resigned from his positions as Director and Executive Vice President, effective October 2, 2025. McDonald will continue in an advisory role to support succession initiatives and business activities.



Azucar focuses on porphyry copper and gold exploration in Nevada and holds a 100% interest in the El Cobre copper-gold porphyry project in Mexico, subject to net smelter returns royalty interests.



The information is based on a company press release statement.


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