The TSX Venture Exchange has accepted for filing the documentation relating to the mineral property purchase and sale agreement dated Oct. 10, 2025, between an arm's-length party and Kodiak Copper Corp. Pursuant to the agreement, the company has agreed to acquire a claim package adjacent to Kodiak's 100-per-cent-owned MPD project in Southern British Columbia, expanding the company's landholdings to 357 square kilometres.

As consideration, the company shall issue a total of 300,000 common shares upon closing of the acquisition. The property being acquired by the company will be subject to a 2-per-cent net smelter return royalty, which the company may repurchase a 1-per-cent royalty for $1.75-million at any time.

For further information, please refer to the company's news release dated Oct. 20, 2025.