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Acquisition of Common Shares of Relevant Gold Corp. Pursuant to Exercise of Warrants
Stillwater, MN, USA, October 14, 2025. Pursuant to the early warning requirements of applicable Canadian securities law, Brian Lentz (the "Acquiror") announces that the Acquiror has exercised 250,000 warrants ("Warrants") to purchase 250,000 common shares ("Common Shares") in Relevant Gold Corp. (the "Issuer"). The Warrants were exercised at an exercise price of $0.13 per Common Share for an aggregate exercise price of $32,500 (the "Warrant Exercise").
Prior to the Warrant Exercise, the Acquiror held (i) directly, 962,100 Common Shares, 975,000 stock options ("Stock Options") and 355,300 Warrants and (ii) indirectly, through Relevant Resources, LLC ("Relevant Resources") 12,500,001 Common Shares and 11,500,000 Warrants. After giving effect to the Warrant Exercise, the Acquiror owns and/or exercises control or direction over 25,212,101 Common Shares (includes the Common Shares issued pursuant to the Warrant Exercise by Relevant Resources), representing approximately 21.67% of the issued and outstanding Common Shares of the Issuer on a undiluted basis and assuming the exercise of the 975,000 Stock Option and 355,300 Warrants, the Acquiror will beneficially own and/or exercise control or direction over 26,542,401 Common Shares, representing approximately 22.55% of the issued and outstanding Common Shares of the Issuer on a partially diluted basis.
The Acquiror completed the Warrant Exercise solely for investment purposes. The Acquiror may make additional purchases or sales of Common Shares as circumstances warrant.
Further details regarding the Warrant Exercise described above and a copy of the early warning report filed under the applicable Canadian Securities laws in connection with the Warrant Exercise is available under Relevant Gold Corp.'s SEDAR+ profile or to obtain a copy of the early warning report filed in conjunction with this news release, please contact:
Brian Lentz
132 Main Street South - Floor 2
PO Box 267
Stillwater, MN 55082
USA
Email: brian@bri.group
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