Property asset or share purchase agreement

The TSX Venture Exchange has accepted filing documentation for acquisition of 100 per cent of the issued and outstanding shares of Spartan Exploration Nevada Corp. (the target), a wholly owned subsidiary of an arm's-length party (the vendor), pursuant to a share purchase agreement dated effective June 2, 2025, between the company, the vendor and the target. The target holds 244 lode mineral claims, located in White Pine county, Nevada, referred to as the Eagle property, which was acquired by the vendor via staking in 2024.

Pursuant to the terms of the agreement, the company will issue common shares to the vendor as follows:

• At the time of closing, 5,830,466 consideration shares, representing 19.9 per cent of the company's total issued and outstanding shares;
• On the one-year anniversary of the closing date, consideration shares equal to the lesser of: (i) five million; and (ii) such number of consideration shares as would result in the vendor holding 19.9 per cent of the company's total issued and outstanding shares.

The vendor will also be granted a 1-per-cent net smelter return royalty on the property, as well as on any additional ground staked within a two-mile area of interest around the property.

For further details, please refer to the Company's news releases dated June 3, 2025, July 22, 2025 and July 31, 2025.

Name change

Pursuant to a resolution passed by directors on May 27, 2025, the company has changed its name as follows. There is no consolidation of capital.

Effective at the opening on Aug. 5, 2025, the common shares of Spartan Metals Corp. will commence trading on the TSX Venture Exchange and the common shares of Midasco Capital Corp. will be delisted. The company is classified as a mining company.

Capitalization:  unlimited shares with no par value, of which 29,298,826 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Odyssey Trust Company

Trading symbol:  W (new)

Cusip No.:  846811 10 7 (new)

Graduation from the NEX to the TSX Venture Exchange, symbol change

The company has met the requirements to be listed as a TSX Venture Exchange Tier 2 company. Therefore, effective on Aug. 5, 2025, the company's listing will transfer from the NEX to the TSX Venture Exchange, the company's tier classification will change from the NEX to Tier 2, and the filing and service office will change from the NEX to Vancouver.

Effective at the opening on Aug. 5, 2025, the trading symbol for the company will change from MGC.H to W. The company is classified as a mining company.

Resume trading

Effective at the opening on Aug. 5, 2025, the shares of the company will resume trading.