The TSX Venture Exchange has accepted for filing documentation of a share purchase agreement dated March 2, 2025, between the arm's-length parties and Kermode Resources Ltd. Pursuant to the agreement, the company will acquire all of the issued and outstanding shares of the vendor, which owns a 100-per-cent interest in and to 25 claims in the Thunder Bay mining division in Ontario.

As consideration, the company has agreed to issue 15 million common shares to the vendor.

For further details, please refer to the company's news releases dated March 3, 2025, and March 12, 2025.