Mr. Matthew Fish reports
GOLD'N FUTURES CLOSES NEOCORE URANIUM PROPERTY OPTION
Further to the news release dated May 12, 2026, Gold'n Futures Mineral Corp. has closed its previously announced option agreement, as amended, with UraniumX Discovery Corp. and Neocore Uranium Ltd., dated June 15, 2026, pursuant to which the company may acquire, by making certain payments and incurring certain expenditures, a 100-per-cent interest in the Neocore uranium property. In connection with the closing, the company issued 580,000 common shares to UraniumX.
Neocore property
The property is located approximately 30 kilometres east-southeast of the Athabasca basin, 80 km east of Cameco's Key Lake mill complex, 65 km southeast of Cameco's McArthur River and 30 km south of Geiger's Accio showing, and covers 13,012 hectares of land within six claims. The property hosts the Johnson River granites, a northeast-trending magnetic high surrounded by graphitic units of the Wollaston domain, the best geological scenario for hosting an unconformity-type uranium deposit. These graphitic units are present at the western edge of the property in several locations. The property is located approximately 30 km east of the eastern edge of the Athabasca sandstone basin, which hosts some of the highest-grade uranium deposits in the world.
Option agreement
Pursuant to the option agreement, the company may acquire a 100-per-cent interest in the property by paying a total of $550,000 to UraniumX, issuing up to an aggregate of 11.58 million shares and incurring property expenditures of $2.75-million according to the following schedule.
Other than the initial 580,000 shares issued on closing, the number of shares issuable in each subsequent tranche is limited to the lesser of the number of shares set out above and the number of shares that would result in UraniumX holding 19 per cent of the company's then issued and outstanding shares at the time of issuance. Accordingly, the actual number of shares issued may be lower than the maximum shown.
The company will grant UraniumX a royalty of 2.0 per cent of net smelter returns from minerals mined and removed from the property. UraniumX will act as operator for any exploration expenditures on the property.
The parties to the option agreement are arm's length to the company, and there are no finders' fees payable. The issuance of shares under the option agreement remains subject to the policies of, and all required filings with, the Canadian Securities Exchange, and the company intends to file a technical report in respect of the property prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
Resale restrictions
The 580,000 shares issued on closing, and all shares issuable under the option agreement, are subject to a statutory hold period of four months and one day from their date of issuance in accordance with applicable securities laws. In addition, as required by the CSE, the shares are subject to an extended hold period, under which they will not be freely tradable until the greater of: (i) four months from the date of issuance; and (ii) the date that is 10 days following the filing of the report. These resale restrictions run concurrently.
About Gold'n Futures Mineral Corp.
Gold'n Futures is a Canadian mineral exploration and development company focused on the identification, acquisition and advancement of high-quality resource projects across a diversified range of commodities. The company is committed to creating shareholder value through disciplined project generation, systematic exploration and strategic partnerships while maintaining a focus on responsible development and long-term growth opportunities.
We seek Safe Harbor.
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