20:49:48 EST Mon 02 Feb 2026
Enter Symbol
or Name
USA
CA



Dinero Ventures Ltd
Symbol DNO
Shares Issued 28,583,332
Close 2026-01-20 C$ 0.12
Market Cap C$ 3,430,000
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Dinero Ventures to acquire Mount Bisson property

2026-02-02 17:49 ET - News Release

Mr. Ed Kruchkowski reports

DINERO VENTURES ENTERS INTO PROPERTY PURCHASE AND ASSIGNMENT AGREEMENTS FOR MINERAL CLAIMS

Dinero Ventures Ltd. has entered into a property purchase agreement dated Feb. 2, 2026, with Red Eye Resources Ltd., pursuant to which the company will acquire a 100-per-cent interest in certain mineral claims known as the Mount Bisson property, located in British Columbia, Canada. As consideration for the property, the company will issue 1,953,641 common shares in the capital of the company to Red Eye at a deemed price of 12 cents per common share. In connection with the purchase agreement, the company will assume Red Eye's obligation to pay a 1-per-cent net smelter return (NSR) royalty.

The company has entered into an assignment and assumption agreement dated Feb. 2, 2026, with Red Eye and Glen Prior. On Sept. 1, 2023, Red Eye and the optionor entered into an option agreement, pursuant to which the optionor granted to Red Eye the option to acquire a 100-per-cent interest in certain mineral claims as described in the option agreement. Pursuant to the assignment agreement, Red Eye will assign the option to the company and the company will assume all rights and obligations of Red Eye under the option agreement. As consideration for the option, the company will issue 250,000 common shares to Red Eye at a deemed price of 12 cents per common share.

The transactions are subject to customary closing conditions, including acceptance by the TSX Venture Exchange. No finders' fees will be paid in connection with the transactions.

The property has REE (rare earth element) mineralization associated with a northwest-trending magnetic high within the claim boundaries. A historical airborne geophysical (magnetic and radiometric) survey over the claims identified a one-to-two-kilometre-wide north-northwest-trending magnetic high that is within the property boundaries. Red Eye has confirmed the magnetic anomaly as well, collected silt samples during the same program, which show an overall high concentration of REEs, suggesting widespread REE-bearing zones throughout the property. The company has a drill permit allowing diamond drilling to evaluate zones of parallel REE-bearing zones.

Ed Kruchkowski, PGeo, president of Dinero Ventures, is the qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical contents of this news release.

Related party transactions

As Mr. Kruchkowski and Randy Kasum are executive officers of the company and control persons of Red Eye, the transactions will constitute related party transactions within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The transactions are exempt from the minority approval and formal valuation requirements of MI 61-101 pursuant to subsections 5.5(a) and 5.7(1)(a) of MI 61-101.

About Dinero Ventures Ltd.

Dinero Ventures is a Canadian-based exploration company focused on the acquisition and advancement of high-quality mineral properties in mining-friendly jurisdictions. The company is committed to building shareholder value through disciplined exploration, responsible development and strategic project generation.

Dinero Ventures is a Canadian-based mineral exploration company actively seeking opportunities in the resource sector.

We seek Safe Harbor.

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