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sur North Shore Uranium Ltd. (isin : CA18915K1012)

North Shore Uranium Terminates Investor Relations Agreement with Dig Media

North Shore Uranium Ltd., based in Vancouver, BC, announced the termination of its investor relations and advertising agreement with Dig Media Inc., operating as Investing News Network. The termination follows the discovery that the agreement had not received approval from the TSX Venture Exchange. This development comes after the company had previously engaged Dig Media for a twelve-month campaign, disclosed on November 3, 2023.

The original agreement involved Dig Media subscribing for 333,333 common shares at $0.30 each, totaling an investment of $100,000 made on October 26, 2023. Despite paying an initial $50,000 upfront fee for the campaign, the company decided to end the agreement due to regulatory concerns regarding Dig Media's investment and the upfront payment. North Shore confirmed that Dig Media had provided sufficient services to justify the initial fee, with no further payments required.

The termination underscores the regulatory challenges companies may face in the TSX Venture Exchange, emphasizing the importance of obtaining prior approval for such agreements. North Shore Uranium continues to focus on its mission to explore potential uranium deposits within Saskatchewan's Athabasca Basin.

R. E.

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