The TSX Venture Exchange has accepted for filing documentation pertaining to three option agreements dated Sept. 25, 2025, between the company and several arm's-length parties, whereby the company has the right to acquire 100-per-cent interest in four mineral licences and 29 mineral claims located in Newfoundland and Labrador.

Under the terms of the agreements, the company has a right to acquire the property in exchange for issuance of up to 350,000 common shares and payment of $71,000 in cash over three-year period. The company has also agreed to grant 2-per-cent net smelter return royalty to each vendor, one-half of which (1 per cent) can be bought by the company for $1-million.

For further details, please refer to the company's news release dated Oct. 16, 2025.