Visible GOLD Mines Received Final Payment FOR Project Sale
VISIBLE GOLD MINES RECEIVED FINAL
PAYMENT FOR PROJECT SALE
ROUYN-NORANDA, QC
,
Jan. 15, 2026
/CNW/ -
Visible Gold Mines Inc.
(TSXV: VGD) is pleased
to announce that the Corporation received the final cash payment of
$750,000
. In consideration for
the sale of exploration projects to Fokus Mining Corp., the Corporation received an initial cash
payment of
$750,000
in
September 2025
and 10 million shares of Fokus Mining valued as of today
at
$2.1 millions
. The second cash payment of
$750,000
is now received and the 10,000,000 shares
of Fokus are now free from the 4-month hold period.
Annual and Special Meeting of Shareholders
Visible Gold held its annual and special meeting on
December 22, 2025
(the "Meeting"). At the
Meeting, the shareholders elected
Martin Dallaire
, Pierre Vézina and Joel Gagné as directors of the
Corporation. Following the Meeting, the Board of Directors of the Corporation re-appointed
Martin
Dallaire
as President and Chief Executive Officer of the Corporation and Véronique Laberge as Chief
Financial Officer of the Corporation. In addition, shareholders also approved resolutions ratifying and
confirming the Corporation's stock option plan and re
appointing Raymond Chabot Grant Thornton
LLP, Chartered Professional Accountants, as the auditor of the Corporation.
About Visible Gold Mines
Visible Gold Mines is a corporation focused on gold in the prolific
Abitibi Gold Belt
and lithium in the
James Bay
region in the province of Québec. Visible Gold Mines has 37,155,164 common shares
issued and outstanding.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
the release.
Website:
www.visiblegoldmines.com
SOURCE
Visible Gold Mines Inc.
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For further information:
For further information, please contact: Martin Dallaire, President and
Chief Executive Officer, Telephone: 819-762-0107, Fax: 819-762-0097, Cell : 819-763-6663, E-mail:
CO: Visible Gold Mines Inc.
CNW 08:00e 15-JAN-26