The TSX Venture Exchange has accepted for filing documentation pertaining to an definitive agreement dated March 25, 2025, as amended on June 24, 2025, and Sept. 17, 2025, between the company and Peruvian Metals Corp., whereby the company has acquired from Peruvian 100 per cent of the issued and outstanding common shares of Mamanina Exploraciones S.A.C., a wholly owned Peruvian subsidiary of Peruvian, which holds an interest in the Maria Norte project (four mineral claims), located in Peru.

As consideration for the acquisition of the subsidiary, the company has issued 3,999,999 common shares on a postconsolidation basis to Peruvian upon closing. Additionally, the company must pay cash consideration that includes an initial cash payment of $15,000 (Canadian) (already paid), a one-time cash payment of $22,500 (U.S.) (already paid) and semi-annual option payments of $25,000 (U.S.) over a five-year period, for an aggregate amount of $250,000 (U.S.) (with the payment due on June 15, 2025) (already paid).

The transaction is arm's length in nature and no finders' fees are payable.

For further details, please refer to the company's news releases dated March 26, 2025, June 25, 2025, Aug. 12, 2025, Sept. 17, 2025, and Dec. 12, 2025.