The Fort Worth Press - Northern Superior Announces the Ratio for the Distribution of the Common Shares in the Capital of ONGold Resources Ltd.

USD -
AED 3.672496
AFN 63.501197
ALL 83.072963
AMD 375.623475
ANG 1.790083
AOA 917.000069
ARS 1389.835001
AUD 1.448006
AWG 1.8
AZN 1.697841
BAM 1.695072
BBD 2.009612
BDT 122.428639
BGN 1.709309
BHD 0.377609
BIF 2964.709145
BMD 1
BND 1.2851
BOB 6.894519
BRL 5.156952
BSD 0.997742
BTN 92.939509
BWP 13.688562
BYN 2.956504
BYR 19600
BZD 2.006665
CAD 1.392785
CDF 2295.999651
CHF 0.798375
CLF 0.023224
CLP 916.999716
CNY 6.885602
CNH 6.88361
COP 3662.46
CRC 464.279833
CUC 1
CUP 26.5
CVE 95.56558
CZK 21.24979
DJF 177.673004
DKK 6.474098
DOP 60.312178
DZD 133.062353
EGP 54.236094
ERN 15
ETB 155.800822
EUR 0.866297
FJD 2.253798
FKP 0.755399
GBP 0.755645
GEL 2.685023
GGP 0.755399
GHS 10.970563
GIP 0.755399
GMD 74.000231
GNF 8752.513347
GTQ 7.632939
GYD 208.828972
HKD 7.83676
HNL 26.504427
HRK 6.526097
HTG 130.952897
HUF 333.592497
IDR 17006
ILS 3.12724
IMP 0.755399
INR 92.62535
IQD 1307.141959
IRR 1319124.999964
ISK 125.120297
JEP 0.755399
JMD 157.303566
JOD 0.708993
JPY 159.552503
KES 129.797745
KGS 87.44973
KHR 3990.137323
KMF 427.000333
KPW 899.984966
KRW 1509.289674
KWD 0.30934
KYD 0.831502
KZT 472.805432
LAK 21970.392969
LBP 89502.03926
LKR 314.804623
LRD 183.088277
LSL 16.955078
LTL 2.95274
LVL 0.60489
LYD 6.380628
MAD 9.374033
MDL 17.55613
MGA 4171.343141
MKD 53.422776
MMK 2099.725508
MNT 3578.768806
MOP 8.055104
MRU 39.637211
MUR 46.940202
MVR 15.459712
MWK 1730.071718
MXN 17.852885
MYR 4.031026
MZN 63.949845
NAD 16.954711
NGN 1378.750052
NIO 36.712196
NOK 9.754755
NPR 148.701282
NZD 1.75151
OMR 0.384545
PAB 0.997734
PEN 3.45194
PGK 4.316042
PHP 60.225005
PKR 278.39991
PLN 3.708349
PYG 6454.29687
QAR 3.638018
RON 4.416301
RSD 101.772347
RUB 80.185502
RWF 1457.240049
SAR 3.754249
SBD 8.038772
SCR 14.425806
SDG 601.000202
SEK 9.43975
SGD 1.285802
SHP 0.750259
SLE 24.650076
SLL 20969.510825
SOS 570.192924
SRD 37.350974
STD 20697.981008
STN 21.233539
SVC 8.730169
SYP 111.309257
SZL 16.948198
THB 32.600496
TJS 9.563492
TMT 3.51
TND 2.941459
TOP 2.40776
TRY 44.592198
TTD 6.768937
TWD 31.938504
TZS 2600.000224
UAH 43.698134
UGX 3743.234401
UYU 40.405091
UZS 12122.393971
VES 473.390499
VND 26340
VUV 119.350864
WST 2.77386
XAF 568.506489
XAG 0.013693
XAU 0.000214
XCD 2.70255
XCG 1.798209
XDR 0.70704
XOF 568.516344
XPF 103.361457
YER 238.649795
ZAR 16.970895
ZMK 9001.202795
ZMW 19.281421
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.1100

    22.26

    +0.49%

  • NGG

    1.1500

    87.99

    +1.31%

  • AZN

    2.7600

    203.49

    +1.36%

  • BCE

    -0.9300

    24.45

    -3.8%

  • GSK

    0.7000

    56.69

    +1.23%

  • RYCEF

    0.9000

    15.99

    +5.63%

  • RELX

    0.3600

    33.59

    +1.07%

  • BCC

    -1.8800

    73.2

    -2.57%

  • CMSC

    0.0500

    22.04

    +0.23%

  • VOD

    0.0800

    15.21

    +0.53%

  • BTI

    0.3900

    58.28

    +0.67%

  • JRI

    0.0900

    12.61

    +0.71%

  • RIO

    -0.3600

    94.45

    -0.38%

  • BP

    0.9500

    47.12

    +2.02%

Northern Superior Announces the Ratio for the Distribution of the Common Shares in the Capital of ONGold Resources Ltd.
Northern Superior Announces the Ratio for the Distribution of the Common Shares in the Capital of ONGold Resources Ltd.

Northern Superior Announces the Ratio for the Distribution of the Common Shares in the Capital of ONGold Resources Ltd.

TORONTO, ON / ACCESS Newswire / December 17, 2025 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP)(OTCQB:NSUPF)(GR:D9M1) is pleased to announce that the distribution to Northern Superior's shareholders of all the common shares in the capital of ONGold Resources Ltd. (the "ONAU Shares") held by Northern Superior will be effected on the basis of a distribution ratio of 0.19574366 ONAU Share for each issued and outstanding common share of Northern Superior. Subject to certain customary closing conditions, the distribution is expected to occur on December 19, 2025, concurrently with the closing of the previously-announced statutory plan of arrangement with IAMGOLD Corporation under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (the "Arrangement"). Pursuant to the Arrangement, the record date for purposes of the distribution of the ONAU Shares will be December 18, 2025.

Text size:

About Northern Superior Resources Inc.

Northern Superior is a gold exploration company focused on the Chibougamau Camp in Québec, Canada. The Company has consolidated the largest land package in the region, with total landholdings currently exceeding 70,000 hectares. The main properties include Philibert, Hazeur (adjacent to Philibert), Lac Surprise (adjacent to Nelligan), Chevrier, Croteau, Monster Lake East, and Monster Lake West. Northern Superior also owns 48.5% of ONGold which is advancing promising exploration assets in Northern Ontario and Manitoba, including the district scale TPK Project and Monument Bay; Agnico Eagle Mines Limited owns 13% of ONGold.

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP and the OTCQB Venture Market under the symbol NSUPF. For further information, please refer to the Company's website at www.nsuperior.com or the Company's profile on SEDAR+ at www.sedarplus.ca.

About IAMGOLD

IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa, including Côté Gold (Canada), Westwood (Canada) and Essakane (Burkina Faso). The Côté Gold Mine achieved full nameplate in June 2025 and has the potential to be among the largest gold mines in Canada. IAMGOLD operates Côté in partnership with Sumitomo Metal Mining Co. Ltd. In addition, IAMGOLD has an established portfolio of early stage and advanced exploration projects within high potential mining districts. IAMGOLD employs approximately 3,700 people and is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices. IAMGOLD is listed on the New York Stock Exchange (NYSE:IAG) and the Toronto Stock Exchange (TSX:IMG).

Northern Superior Resources Inc. on Behalf of the Board of Directors

Simon Marcotte, CFA, President and Chief Executive Officer

Contact Information

Katrina Damouni
Director - Corporate Development
Tel: +44 7795 128583 (Mobile/WhatsApp)
[email protected]

Forward-Looking Information

This release contains certain "forward-looking information" as within the meaning of applicable Canadian securities laws. Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.

Forward-looking statements relate to future events or future performance and reflect the Company's expectations or beliefs regarding future events. Forward-looking statements include, but are not limited to, statements relating to the Arrangement, the ability to complete the distribution of the ONAU Shares and the Arrangement and the timing thereof, including the parties' ability to satisfy the closing conditions, and other statements that are not historical facts. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to failure to receive the required stock exchange and other consents and approvals to effect the Arrangement and the possibility that the Agreement could be terminated under certain circumstances.

Forward-looking information are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Such factors, among other things, include: business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold or certain other commodities; change in national and local governments, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties.

The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on the information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

The TSX Venture Exchange has in no way passed upon the merits of the Arrangement and has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Northern Superior Resources Inc.



View the original press release on ACCESS Newswire

A.Maldonado--TFWP