(via TheNewswire)
Vancouver, British Columbia, January 12, 2026 – TheNewswire - Avventura Resources Ltd. ("Avventura " or the "Company ") (CSE:AA), a Canadian mineral exploration company, is pleased to announce that has executed a Second amendment Agreement dated January 8th , 2026 to its existing option agreement dated May 4, 2022 (as previously amended on May 4th, 2023) with Gravel Ridge Resources Ltd. and 1544230 Ontario Inc.
The amended agreement significantly expands the Company’s mineral claim footprint in Horwood Township , located within the Timmins mining camp in northern Ontario , by adding additional mineral claims and revising certain economic terms under which Avventura may earn a 100% interest in the Horwood Property. The expanded land position strengthens Avventura’s foothold in one of Canada’s most prolific gold-producing districts.
Under the amended option structure, Avventura may acquire the full interest by making staged cash payments totaling $230,000 and issuing 2,000,000 common shares to the Optionors over the term of the agreement.
Of the total share consideration, 500,000 common shares were issued on the date Avventura’s shares listed on the Canadian Securities Exchange, with the remaining 1,500,000 common shares to be issued on or before January 19, 2026 , subject to applicable regulatory and exchange requirements. The shares will be issued at a deemed price of $0.10 , being the market price on the date of issuance. The Common Shares issued pursuant to the amendment agreement will be subject to a four month and one day hold.
Sean Flynn, Chief Executive Officer of Avventura Resources, stated:
"This expansion represents an important milestone for Avventura. We now control a materially larger strategic land position in a highly prospective jurisdiction. With this amended agreement finalized, we are moving forward confidently into our next phase of exploration work and value creation for shareholders."
Additional project planning and seasonal field sequencing are underway, with future communication expected as operational timelines are finalized.
About Avventura Resources Ltd.
Avventura Resources Ltd. is a Canadian mineral exploration company focused on the acquisition and development of high-potential exploration projects. The Company is committed to responsible resource development and creating long-term value for its shareholders.
On Behalf of Avventura Resources Ltd.
Sean Flynn ‒ Chief Executive Officer
Tel: 250-857-2237
Email: sdflynn@hotmail.com
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims, environmental issues and liabilities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's continuous disclosure documents. All of the Company's Canadian public disclosure filings may be accessed on the SEDAR+ website at www.sedarplus.ca and readers are urged to review these materials.
The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, any U.S. persons or any persons within the United States absent registration or available exemptions from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.
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