The TSX Venture Exchange has accepted for filing documentation with respect to an option agreement dated Jan. 31, 2026, with arm's-length vendors, acquiring a 100-per-cent interest in the Golden Ridge project. Pursuant to the agreement, the terms are as follows.

Consideration

Cash:  $160,000 upon signing of the agreement; $180,000 on each of the seven anniversaries thereafter

Work expenditures:  aggregate of $250,000 in project expenditures

The vendors shall retain a 2-per-cent net smelter return (NSR) royalty, of which the buyer may buy back a 1-per-cent NSR royalty for $2.5-million at any time.

For further details, please refer to the company's news releases dated Jan. 12, 2026, Feb. 2, 2026, and Feb. 26, 2026.