RooGold Announces Execution of Binding LOI to Acquire Next Generation Resources, a Battery Metals Focused Company

Dec 21, 2022

TORONTO, ON / ACCESWIRE / December 21, 2022 / RooGold Inc. (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) ("RooGold" or the "Company") is pleased to announce that it has entered into a binding letter of intent dated December 20, 2022 (the "LOI") setting out the terms of a proposed acquisition (the "Transaction") by the Company of all of the issued and outstanding shares of Next Generation Resources Inc. ("NextGen"), an arm's length company incorporated under the Business Corporations Act (British Columbia). The LOI provides that it will, prior to closing of the transaction, be superseded and replaced with a binding purchase agreement to be agreed to between the Company and NextGen.

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