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Gold Hart Copper Corp. and Rhyolite Resources Ltd. have entered a letter agreement for a business combination, where HART will acquire RYE's shares. The transaction involves a non-brokered private placement of up to $10 million, led by Northfield Capital.

Sean Roosen is set to join Gold Hart's Advisory Board post-transaction. The financing will support the development of the Resulting Issuer's business, including exploration activities in the Vicuña District, where Gold Hart holds significant assets.