The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in a private company (Privco), whereby the Privco holds an option agreement to purchase up to a 100-per-cent ownership interest in the Pirenopolis gold project, which was optioned from an underlying optionor.

Consideration:  $45,000 (U.S.) cash and five million common shares

The five million common shares are subject to TSX-V Tier 2 value escrow requirements and will be issued to Privco's owners upon exchange acceptance.

The underlying optionor will retain a 2-per-cent NSR (net smelter return) royalty on any future mineral production; the company will have the right to purchase 50 per cent of this NSR royalty for $1-million (U.S.).

For further details, please refer to the company's news releases dated Feb. 18, 2025, and April 10, 2025