The TSX Venture Exchange has accepted for filing documentation relating to an option agreement dated Jan. 21, 2026, between Magna Terra Minerals Inc. and an arm's-length party. Pursuant to the agreement, the company shall earn a 100-per-cent interest in 29 mineral claims, forming the Prospect Or's Dream property in north-central New Brunswick.

The number of common shares to be issued will be based on the greater of five cents per share or the 10-day volume weighted average price on the date a payment is due. As such, the maximum number of common shares issuable by the company with respect to the $260,000 due is 5.2 million common shares.

The vendor retains a 2-per-cent net smelter return (NSR) royalty on the sales of metals and minerals mined from the property, with a 1-per-cent NSR purchasable at any time by the company for $1-million. The company has a right of first refusal on the remaining 1-per-cent NSR.

For further details, please refer to the company's news release dated Jan. 22, 2026.