Logica Ventures Receives Conditional Approval for Qualifying Transaction with BBG Metals
Vancouver, British Columbia — October 22, 2025 — Leads & Copy — Logica Ventures Corp. has received conditional approval from the TSX Venture Exchange for its Qualifying Transaction with BBG Metals Corp., according to Policy 2.4. The company has filed a filing statement dated October 20, 2024, on Logica’s SEDAR+ profile.
The completion of the Transaction is subject to regulatory approvals and customary closing conditions. Closing is expected on or about October 24, 2025. Upon completion, the combined entity will continue the business of BBG Metals under the name “Galactic Gold Corp.” as a Tier 2 mining issuer under the symbol “GGAU” on the Exchange.
BBG Metals has closed its non-brokered private placement equity financing, raising gross proceeds of $1,800,000 through the issuance of 18,000,000 subscription receipts. Each subscription receipt will entitle the holder to receive one common share of BBG Metals, which will be exchanged for a post-consolidation common share of Logica.
BBG Metals paid aggregate cash finder’s fees of $62,085 to Canaccord Genuity Corp., Haywood Securities Inc., Ventum Financial Corp., and Red Cloud Securities Inc. The gross proceeds from the sale of the subscription receipts, less the finder’s fees, have been deposited into escrow and shall be released upon satisfaction of certain conditions. If the conditions are not satisfied prior to November 14, 2025, the escrow agent will return the purchase price to the holders of subscription receipts.
Upon completion of the transaction, up to 49,382,778 Resulting Issuer Shares are expected to be outstanding. The Resulting Issuer Shares issued in connection with the Concurrent Financing will be free trading.
Contact Information:
Logica Ventures Corp.
Clayton Fisher
Tel: 236-547-7375
clayton@logicaventures.com
BBG Metals Corp.
Kenneth Berry, President & CEO
Tel: 604-220-6890
ken@touchstonecapital.ca
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