The TSX Venture Exchange has accepted for filing a royalty termination agreement dated Sept. 11, 2025, between the company and the vendor in respect of the letter agreement dated April 13, 2015, regarding the purchase of certain mineral licences in northern Colombia. The amending agreement provides for the termination of the net smelter return royalties in consideration of a one-million-pound-sterling cash payment and 200,000 warrants to acquire 200,000 common shares of the company at an exercise rate of $2 for a period of three years.

For further details, please refer to the company's news release dated Sept. 12, 2025.