The TSX Venture Exchange has accepted for filing an agreement dated June 10, 2026, between Hannan Metals Ltd. and an arm's-length party. Pursuant to the terms of the agreement, the company may acquire a 100-per-cent interest in the Stavatrask and Skelleftea North gold projects, located in the Skelleftea mining district of northern Sweden, and the Adelfors gold project, located in the Jonkoping county of southern Sweden.

By way of consideration, the company will make a staged issuance of a maximum of 4.5 million shares to the vendor.

The vendor will retain a 2-per-cent net smelter return royalty, of which the company has the right to repurchase in full for $3-million.

For further details, please refer to the company's news release dated June 10, 2026.