The TSX Venture Exchange has accepted for filing documentation in connection with an arm's-length arrangement agreement dated June 23, 2025, between Forum Energy Metals Corp. and Baselode Energy Corp. under the provisions of the Business Corporations Act (British Columbia).

Pursuant to the plan of arrangement, the company acquired all the issued and outstanding shares of Forum, whereby Forum shareholders received 0.3535 common share of the company for each common share of Forum held, resulting in 109,356,842 common shares of the company issued to Forum shareholders.

The exchange has been advised that approval of the plan of arrangement by Forum's shareholders was received at a special meeting of shareholders held on Aug. 19, 2025, and the final court order approving the plan of arrangement was received from the Supreme Court of British Columbia on Aug. 22, 2025. The plan of arrangement was completed on Aug. 29, 2025.

For additional information please refer to the Forum's management information circular dated July 18, 2025, filed on SEDAR+. Refer to the company's news releases dated June 24, 2025, June 25, 2025, July 10, 2025, Aug. 19, 2025, and Aug. 29, 2025, available on SEDAR+.

Postarrangement and shares for debt

Capitalization:  unlimited shares with no par value, of which 291,627,336 shares are issued and outstanding

Escrow:  nil shares

Transfer agent:  Odyssey Trust Company (unchanged)

Trading symbol:  FIND (unchanged)

Cusip No.:  069825 10 7 (unchanged)