The TSX Venture Exchange has accepted for filing documentation the option agreement dated March 30, 2026, between the company and an arm's-length party (the optionor). Pursuant to the terms of agreement, the optionor has granted the company the option to acquire a 100-per-cent interest in the Moose Brook antimony claims in Bathurst mining camp of New Brunswick, in consideration for an aggregate 600,000 common shares of the company and a payment of an aggregate $80,000 cash according to the schedule detailed in the attached table.

Upon the company completing the option payments and earning a 100-per-cent interest in the claims, the optionor will retain a 2-per-cent net smelter return (NSR) royalty on the claims. The company shall have the right to buy back one-half of the NSR equal to a 1-per-cent royalty for $1-million at any time and be granted the right of first refusal on the remaining NSR.

For further information, please refer to the company's news release dated April 25, 2024.