# Bathurst agrees to transfer Peerless property option to Big Bear

> The proposed consideration is 3,555,000 Big Bear shares; the transfer remains conditional.

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- Section: Business
- Country: Canada
- Published: 2026-10-07T12:59:35+00:00
- Updated: 2026-10-07T12:59:35+00:00
- Event / data period: 2026-10-01
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Bathurst Metals said on October 1 that it had agreed to assign its option to acquire the Peerless property in British Columbia to Big Bear Gold. The stated consideration is 3,555,000 Big Bear shares.

Closing depends on Big Bear completing due diligence within 90 days and receiving TSX Venture Exchange approval. Bathurst said it cancelled a planned financing for Peerless and will refocus on its Turner Lake project in Nunavut.

## Data

### Big Bear shares for the Peerless option

Share consideration announced for Bathurst’s proposed transfer of its British Columbia Peerless option.

Methodology: The release states 3,555,000 shares as consideration; this is a proposed transfer, not a completed transaction.

| label | value | unit | period | basis |
|---|---|---|---|---|
| Proposed Big Bear share consideration for Peerless | 3555000 | count | 2026-10-01 | target |

Sources: <https://bathurstmetalscorp.com/news/2026-10-01-strategic-review-peerless-divestment/> · Download data: [JSON](https://newsverum.com/api/v1/articles/bathurst-agrees-to-transfer-peerless-option-to-big-bear/data/release-figures?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/bathurst-agrees-to-transfer-peerless-option-to-big-bear/data/release-figures?lang=en&format=csv)

## Sources

- [Bathurst Metals Corp.](<https://bathurstmetalscorp.com/news/2026-10-01-strategic-review-peerless-divestment/>) (Source checked: 2026-10-07; Published: 2026-10-01)

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