The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of 100-per-cent interest in 40 minerals claims in four licences in or around the Great Burnt project in Newfoundland. The property is subject to a 2.0-per-cent NSR (net smelter return) payable to the vendors, in which 1.0 per cent can be purchased back by the company by paying $1-million cash.

Cash ($)                                                 Securities                     Work expenditures ($)

$60,000 over three years     600,000 common shares over three years     $100,000 on or before the third year

For further details, please refer to the company's news releases dated May 2, 2024, and May 3, 2024.