Reverse takeover

The TSX Venture Exchange has accepted for filing the company's reverse takeover (RTO), as described in its filing statement dated Sept. 23, 2025.

The RTO consists of the acquisition of the Gold Strike One project and the Abitibi property, pursuant to a non-arm's-length purchase agreement dated July 1, 2025, for consideration consisting of an aggregate cash payment in the aggregate of $2-million and the issuance of 24,745,620 listed shares at a deemed price of 60 cents per listed share.

The definitive agreement also provides that the company will pay the following royalties.

The Gold Strike One project will be subject to a 2-per-cent net smelter return (NSR) royalty. At any time prior to the commencement of commercial production, the company can reduce the Gold Strike One NSR from 2 per cent to 1 per cent, by paying the royalty holder 1,000 ounces of physical gold or $2-million (U.S.) (whichever is greater in monetary value). The company will also pay an annual advance royalty payment in the amount of the greater monetary value of $20,000 (U.S.) and seven ounces of gold.

The Abitibi property will be subject to a 3-per-cent net smelter return royalty the Abitibi NSR. At any time prior to the commencement of commercial production, the company can reduce the Abitibi NSR by 1-per-cent increments, from 3 per cent to 1 per cent, by paying the royalty holder 500 ounces of physical gold or $1-million (U.S.) (whichever is greater in monetary value) for each 1-per-cent reduction, provided that the Abitibi NSR does not fall below 1 per cent.

The definitive agreement also provides for the payment of the following bonus payments, as applicable.

In the event the company, or any subsequent purchaser of the Gold Strike One project, publicly announces a resource estimate on any portion of the project, prepared in accordance with National Instrument 43-101, that estimates the presence of gold ounces, the company or such purchaser, as applicable, shall deliver the greater monetary value of $1-million (U.S.) in immediately available funds or 500 ounces of physical gold, for every million gold ounces delineated by such resource estimate. Such bonus payment is due for each million gold ounce delineated by such resource estimate and any additional resource estimate.

In the event the company, or any subsequent purchaser of the Abitibi property, publicly announces a resource estimate on any portion of the project, prepared in accordance with NI 43-101, that estimates the presence of gold ounces, the company or such purchaser, as applicable shall deliver the greater monetary value of $1-million (U.S.) in immediately available funds or 500 ounces of physical gold, for the first million gold ounces delineated by such resource estimate. Such bonus payment is due for only the first million gold ounce delineated by such resource estimate and not any additional resource estimate.

A total of 24,745,620 listed shares issued pursuant to the RTO are escrowed pursuant to an exchange escrow agreement.

The company is classified as an all other metal ore mining issuer (NAICS No. 212299).

For further information, please refer to the company's filing statement dated Sept. 23, 2025, available on SEDAR+.

Private placement -- non-brokered

Financing type:  non-brokered private placement

Gross proceeds:  $4,896,697.20

Offering:  8,161,162 listed shares with 4,080,578 warrants

Offering price:  60 cents per listed share

Warrant exercise terms:  95 cents per listed share for a three-year period, subject to an acceleration right

Commissions in securities:  207,901 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 95 cents for a one-year period.

Disclosure:  Refer to the company's news releases dated July 3, 2025, July 22, 2025, Sept. 23, 2025, and Oct. 1, 2025.

Name change

Pursuant to a resolution passed by directors on Sept. 16, 2025, the company has changed its name from Sanatana Resources Inc. to Gold Strike Resources Corp. There is no consolidation of capital.

Effective at the opening on Wednesday, Oct. 8, 2025, the common shares of Gold Strike Resources will commence trading on the TSX Venture Exchange and the common shares of Sanatana Resources will be delisted.

Posttransactional

Capitalization:  unlimited number of common shares with no par value, of which 67,355,777 common shares are issued and outstanding

Escrow:  33,240,458 common shares, 271,428 stock options and 1,573,571 warrants, of which 3,624,715 common shares, 67,857 stock options and 349,143 warrants are released at the date of this bulletin

Transfer agent:  Computershare Investor Services Inc.

Trading symbol:  GSR (new)

Cusip No.:  38074C 10 4 (new)

The exchange has been advised that the above transactions have been completed.