The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 30-per-cent interest in EVX Portugal UniPessol LDA and, consequently, an indirect 30-per-cent in the Borba 2 exploration property in Portugal, pursuant to an amendment to the definitive agreement dated June 3, 2023, and an amendment to the amending agreement dated April 25, 2023, between the Europacific Metals Inc., European Electric Metals Inc. and EVX Portugal UniPessol LDA.

Consideration:  $70,000 cash and 700,000 common shares

For further details, please refer to the company's news release dated May 4, 2023.