The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of the option to acquire 100 per cent of the Crusader property, consisting of five mineral licences prospective for uranium in Northern Saskatchewan, Canada, totalling approximately 2,771 hectares, pursuant to an option agreement entered into with the optionor. The company has exercised the option by paying to the optionor $12,500 and issuing to the optionor seven million Keon common shares.

Refer to the company's news release dated Nov. 4, 2026, for further information.