The TSX Venture Exchange has accepted for filing documentation pertaining to a definitive purchase agreement dated June 3, 2025, among Sherpa II Holdings Corp. and District Metals Corp. in connection with the purchase of the remaining ownership of the Bakar property, located on Northern Vancouver Island in British Columbia.

Under the agreement, the company has agreed to acquire from District the 24.48-per-cent interest in the Bakar property that it did not already own. Consideration was 1.5 million shares of the company.

No finder's fee was payable in connection with the agreement.

For further information, please refer to the company's news releases dated June 4, 2025, and Nov. 7, 2025.