The TSX Venture Exchange has accepted for filing the letter to amend the May 6, 2013, option agreement dated April 30, 2023, among a subsidiary of the company (Subco) and three arm's-length vendors. Pursuant to the amending agreement, Subco has expanded its mineral claims contiguous with the company's Woodjam copper-gold project for an aggregate consideration from the company to the vendors of 300,000 common shares in the capital of the company.

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

For further information, please reference the company's news releases dated May 9, 2023, and June 2, 2023.