The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of the Pearl gold project, consisting of 83 federal lode mineral claims located in Humboldt county, Nevada.

By way of consideration, the company will make staged payments totalling $2,025,000. These payments are to be satisfied in cash or, at the election of the company, a combination of cash and common shares. For the initial $25,000 payment, the company may elect to issue shares for 100 per cent of the value. For the subsequent $2-million in staged annual payments, the company may elect to issue shares for up to 50 per cent of the value of each payment. All shares will be issued at a deemed price based on the 10-day volume weighted average price (VWAP) prior to the payment date, subject to a minimum floor price of five cents per share. The property is subject to a net smelter return royalty in favour of a third party, a portion of which may be repurchased by the company for $1-million (U.S.).

A finder's fee is not payable in connection with this transaction.

For further details, please refer to the company's news releases dated Feb. 25, 2026, and April 9, 2026.