The TSX Venture Exchange has accepted for filing documentation the option agreement dated March 23, 2024, between the company and a group of arm's-length parties. Pursuant to the terms of the agreement, the company has been granted the right and option to acquire a 100-per-cent interest in the mineral claims comprising the Bingo West property, located in Ontario. In consideration to exercise the option to acquire Bingo West, the company will remit to the optionors an aggregate of 12 million common shares of the company on a pro rata basis.

This acquisition is considered an arm's-length transaction.

For further information, please refer to the company's news releases dated March 25, 2024, and April 17, 2024.