The TSX Venture Exchange has accepted for filing an asset purchase agreement dated Aug. 27, 2026, between the company and arm's-length party (the vendor). Pursuant to the terms of the agreement, the company may acquire the vendor's 100-per-cent interest in one mineral claim located in British Columbia, Canada, tenure covering prospective ground adjacent to the company's 100-per-cent-owned Copper Kettle property.

By way of consideration, the company will issue 300,000 common shares to the vendor.

The vendor will retain a 2.0-per-cent net smelter returns royalty on the property. The company may reduce royalty from 2 per cent to 1 per cent at any time for $1-million, and from 1 per cent to 0.5 per cent at any time for $2-million.

For further details, please refer to company's news release dated Aug. 31, 2026.