The TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement dated Sept. 15, 2025, between the company and arm's-length parties. Pursuant to the terms of the agreement, the company has acquired a 100-per-cent interest in Baxter Gold Corp., the owner of the Baxter Spring project, which is located in the Manhattan mining district, Nye county, Nevada.

As consideration, the company paid the vendors an aggregate of 13.5 million common shares of the company at a deemed price of 43.5 cents per share. The shares are subject to a voluntary contractual escrow with the following release schedule: 25 per cent at six months; 25 per cent at 12 months; 25 per cent at 18 months; and the final 25 per cent at 24 months from the closing date.

For further details, please refer to the company's news releases dated Sept. 16, 2025, and Oct. 3, 2025.