Pursuant to a resolution passed by the directors on Aug. 20, 2025, the company has consolidated its capital on a one-new-for-five-old basis. The name and the trading symbol of the company have not been changed.

Effective at the opening on Oct. 2, 2025, the common shares of Searchlight Resources Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mineral exploration/development company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 29,309,227 shares are issued and outstanding

Escrow:  nil shares

Transfer agent:  TSX Trust Company

Trading symbol:  SCLT (unchanged)

Cusip No.:  81222L 20 4 (new)