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Bellavista Resources Limited (ASX:BVR)

ALERT: Price-sensitive ASX Announcement for BVR
Current share price for BVR : $0.395 -0.235 (-37.30%)+
Announcement
Release
29 Apr 2026 6:06PM
Price at Release
$0.630
Full Release
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Summary
Bellavista Resources Ltd has announced the completion of its acquisition of the Pickle Crow Gold Project, which transforms the company into a substantial exploration entity. This acquisition involves obtaining a 70% interest in the project, with an option to increase this to 80% by fulfilling financial commitments. The project, located in Ontario, Canada, is backed by a significant high-grade gold resource and offers expansive exploration opportunities. With all conditions precedent satisfied, Bellavista issued 60 million shares as part of the upfront consideration, further fortifying its position in the gold exploration sector.
Key Points
  • Completion of the Pickle Crow Gold Project Acquisition by Bellavista Resources Ltd.
  • Acquisition includes 100% of shares in Auteco Minerals (Canada) Pty Ltd.
  • Transaction involves assignment of intercompany loans receivable owed by Auteco to FireFly.
  • Bellavista now holds a 70% interest in the Pickle Crow Gold Project, with potential to increase to 80%.
  • The project is underpinned by a 2.8 million ounce high-grade gold Inferred mineral resource.
  • Completion of the acquisition follows fulfillment or waiver of all conditions precedent.
  • Upfront consideration involves issuance of 60 million Bellavista shares.
  • The acquisition positions Bellavista as a significant exploration company with expanded resource base.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.