The TSX Venture Exchange has accepted for filing an offer dated Oct. 27, 2025, between the company and arm's-length parties, whereby the company has the right to earn up to an 80-per-cent interest in the Cerro Bayo and La Flora gold-silver projects, located in the prolific Deseado massif, Santa Cruz province, Argentina.

By way of consideration, the company issued 744,992 shares to the vendors at a deemed price of 37 cents per share and will pay cash as detailed in the attached table.

The property is subject to a 0.75-per-cent net smelter return (NSR) royalty in favour of the underlying vendor, of which a 0.5-per-cent royalty may be purchased at any time through a cash payment of $1-million (U.S.).

For further details, please refer to the company's news releases dated Nov. 3, 2025, and Dec. 22, 2025.