The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length option agreement dated Oct. 23, 2024, in connection with the disposition by Puma Exploration Inc. to KG Exploration (Canada) Inc., a wholly owned subsidiary of Kinross Gold Corp., of 65 per cent of its Williams Brook, Portage and Jonpol properties, located in northern New Brunswick, Canada.

Pursuant to the agreement, Kinross will have the option to earn a 65-per-cent interest in the Williams Brook project by financing a minimum of $16.75-million in exploration expenditures during a period of five years (including a firm commitment of $2-million with at least 5,000 metres of drilling during the first 18 months).

For further information, please refer to the company's news releases dated Oct. 24, 2024, and Oct. 30, 2024.