Millbank Mining Corp. has recently announced the acquisition of the Blakelock hydrogen project located in northern Ontario. This project consists of 109 mineral claims covering a substantial area of 2,207 hectares. The company is set to attain a 100% interest in the Blakelock Project through the Mining Claims Purchase Agreement by offering CAD 46,000 in cash and 200,000 common shares. As part of the agreement, the Vendors will retain a 1.5% net smelter returns royalty (NSR), with the option for the Company to repurchase 0.5% of it for CAD 500,000. However, the completion of this transaction is contingent upon meeting standard closing conditions, including obtaining approval from the TSX Venture Exchange. Furthermore, the common shares issued as part of the acquisition will be subjected to a four-month statutory hold period in compliance with relevant securities regulations.