Fortitude Gold Corp 8K

The company entered into a $100 million joint venture-style Contribution Agreement to fund and operate the East Camp Douglas gold exploration and potential mining project in Nevada, allocating 60% to GRC via in‑kind assets and 40% to HLM via staged cash funding with strict default and forfeiture terms.

On February 27, 2026, GRC Nevada Inc. and Hawthorne Land Minerals, LLC entered into a Contribution Agreement forming and funding East Camp Douglas, LLC to explore and potentially develop and mine a gold project in Mineral County, Nevada, under which GRC contributed in‑kind mining assets and related rights valued at $60 million (including fee lands, patented and unpatented claims, permits, data and exploration work) for a 60% membership interest, while HLM committed up to $40 million of cash to fund a detailed, pre‑approved $40 million exploration budget in exchange for a 40% membership interest, with contributions made via 60‑day expenditure requests, strict forfeiture and reimbursement mechanics if HLM ceases or defaults on funding before its full contribution, and a planned post‑closing assignment by GRC of its interest to Fortitude Gold Corporation while GRC remains operator.

Filing Facts

CIK

1828377

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-022307

Alert Tier

7