Leocor Gold announces that it has completed its strategic investment in
Intrepid Metals Corp. The Company has subscribed for and acquired 6,600,000 units and 2,223,529 pre-funded special warrants of Intrepid at a price of $0.34 per Unit and Special Warrant for an aggregate investment of $3 million. Each Unit consists of one common share of Intrepid and one common share purchase warrant entitling the Company to acquire one additional common share at a price of $0.40 until January 5, 2026. Each Special Warrant entitles the Company to acquire one Unit, for no additional consideration, but subject to an exercise limitation such that the Company may not exercise if it would result in them having beneficial ownership over common sha...