Further to the bulletins dated Nov. 9, 2021, and Jan. 18, 2024, the TSX Venture Exchange has accepted for filing documentation pertaining to a notice dated June 30, 2025, to exercise the option to purchase the Marg mineral property, located in central Yukon, between the company and an arm's-length party.

To exercise the option to purchase the Marg mineral property, and as full and final settlement of the purchase price, the company will pay $210,000 cash and issue 1,981,250 common shares to the optionor at a price of eight cents, and execute the amended net smelter return royalty agreement so that the net smelter return royalty is reduced from 2 per cent to 1 per cent, and the optionor retains its rights to a milestone payment of $300,000, payable in cash or shares.

For further details, please refer to the company's news release dated July 30, 2025.