The TSX Venture Exchange has accepted for filing Chicane Capital I Corp.'s qualifying transaction (QT), as described in its filing statement dated Sept. 23, 2026. As a result, at the opening on Tuesday, Oct. 6, 2026, the company will no longer be considered a capital pool company (CPC). The QT includes the following.

The QT was completed by way of a three-cornered amalgamation under the Business Corporations Act (British Columbia) among the company, Elton Resources Corp. and 1589751 B.C. Ltd., a wholly owned subsidiary of the company incorporated for the purposes of completing the amalgamation. Pursuant to the amalgamation, the company acquired all of the issued and outstanding securities of Elton, resulting in Elton becoming a wholly owned subsidiary of the company. As consideration for the acquisition of Elton, the company issued an aggregate of 109,343,426 common shares.

After giving effect to the QT, including the completion of the concurrent financing, there are an aggregate of 196,916,245 common shares issued and outstanding.

As a result of the QT, 38,483,300 common shares are subject to Tier 2 escrow agreement and 2,175,000 common shares are subject to the CPC escrow agreement.

For further information, please refer to the company's filing statement dated Sept. 23, 2026, and the company's news release dated Sept. 29, 2026.

In addition, the exchange has accepted for filing the following.

Private placement -- brokered

Prior to the completion of the QT, the company and Elton completed the private placement of subscription receipts, which have been exchanged into the following securities in the resulting issuer.

Financing type:  brokered private placement

Gross proceeds:  $17,285,000.18

Offering:  49.65 million common shares at 20 cents per common share with 24,825,000 warrants; 33,431,819 flow-through (FT) shares at 22 cents per common share with 16,715,909 warrants

Offering price:  20 cents per common share; 22 cents per FT share

Warrant exercise terms:  30 cents per common share for a three-year period

Commissions in securities:  4,384,909 finders' warrants

Commission terms:  Each compensation warrant entitles the holder to acquire one common share at a price of 20 cents per common share until Sept. 29, 2029.

Disclosure:  Refer to the company's news release dated Sept. 29, 2026.