The TSX Venture Exchange has accepted for filing documentation pertaining to an acquisition agreement dated Nov. 17, 2022, between the company and arm's-length parties, whereby the company has expanded its Barbara Bay project in Quebec by additional 171 claims, comprising approximately 9,234 hectares, now totalling 33,200 hectares of contiguous claims. As consideration for the cgreement, the company issued five million common shares at a deemed price of five cents per share to the vendors. The company has also reimbursed the vendors for their government staking fees ($11,687.50) plus staking costs ($1,000) for a total of $12,687.50.

For further details, please refer to the company's news releases dated Nov. 18, 2022, and Dec. 5, 2022.