10:15:36 EDT Thu 26 Mar 2026
Enter Symbol
or Name
USA
CA



Flow Metals Corp (2)
Symbol FWM
Shares Issued 21,371,805
Close 2026-03-24 C$ 0.08
Market Cap C$ 1,709,744
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Flow Metals, optionor Go Metals cancel Monster option

2026-03-26 04:41 ET - News Release

Mr. Scott Sheldon reports

FLOW METALS ANNOUNCES MUTUAL TERMINATION OF OPTION AGREEMENT AND CLOSING OF DEBT SETTLEMENT

Flow Metals Corp. has mutually agreed with Go Metals Corp. to terminate the option agreement dated Feb. 9, 2026, pursuant to which the company had been granted an option to acquire a 100-per-cent undivided interest in the Monster iron oxide copper/gold project, located approximately 90 kilometres north of Dawson City in the traditional territory of the Tr'ondek Hwech'in First Nation.

The option agreement has been terminated pursuant to a mutual termination and release agreement entered into by the parties on March 25, 2026. The parties have agreed to terminate the option agreement as part of their respective continuing reviews of strategic priorities and opportunities, and the transactions contemplated by the option agreement will not proceed.

The company confirms that no shares, cash or other consideration were issued or paid under the option agreement, the option was not exercised, and no transfer of the Monster project occurred.

The company also announces that it has closed the previously announced debt settlement agreements with the vendors of the Sixtymile property to settle the annual advanced royalty payment of $30,000 owing under the option agreement dated March 23, 2019, pursuant to which the company has the option to acquire the Sixtymile property.

Pursuant to the settlement agreements, the company has issued an aggregate of 272,727 common shares in the capital of the company at a deemed price of 11 cents per common share to the creditors.

In accordance with applicable securities laws, the securities issued pursuant to the debt settlements are subject to a four-month hold period expiring on July 26, 2026.

About Flow Metals Corp.

Flow Metals has maintained an active presence in the Yukon since 2018, building deep technical expertise and local relationships across the territory. Flow Metals has established a trusted network of experienced contractors and strong working relationships with both territorial and first nation governments, providing the company with a solid foundation to efficiently advance exploration projects in the North.

We seek Safe Harbor.

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