VANCOUVER, BC, Sept. 2, 2025 /CNW/ - Capella Minerals Ltd (TSXV:CMIL.VN) (OTCPink:CMILF) (FRA:N7D2) ("Capella" or the "Company") is pleased to announce that it has signed a Definitive Agreement with Turkish mining company, Tümad Madencilik Sanayi Ve Ticaret A.S. ("Tümad"), with respect to a staged earn-in proposal for the Company's portfolio of precious and base metal projects in Northern Finland and Norway. The Definitive Agreement contemplates an on-signing cash payment to Capella and mandatory Year 1 work commitments - including the completion of up to 4,000m of drilling on the Northern Finland project and up to 8,000m of drilling on the Norwegian projects for a 30% interest in Capella's holding in the respective project. After the completion of Year 1, Tümad retains the option to either continue investing in exploration (and thereby increasing its interest in the respective project(s)) or reverting to a Net Smelter Royalty (NSR) on projects in each country that it decides not to continue with. Further details of the Tümad earn-in agreement are provided in the Company News Release dated June 2, 2025.
Read more at newswire.caCapella Signs Definitive Agreement with Tümad on Scandinavian Projects
Newswire.ca - Press Release 
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