The TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's-length acquisition of a 100-per-cent interest in the Quesnel MagNickel property. The property consist of five mineral claims located in the Cariboo mining district of British Columbia. Pursuant to the terms of the agreement, the company will issue 12 million shares to the vendor and pay $50,000 within six months for the property. The company will be assuming a 3.0-per-cent net smelter return (NSR) royalty, which can be reduced to a 1.0-per-cent NSR, with a $2-million cash payment to an arm's-length party.

No finder's fee was paid.

For further details, please refer to the company's news releases dated April 28, 2026, and May 25, 2026.