The TSX Venture Exchange has accepted for filing documentation pertaining to share purchase agreement and net smelter returns royalty agreement dated Feb. 17, 2026, among the company, Carrigel Ltd. (the target) and 1478078 B.C. Ltd. (the vendor), whereby the company acquired 100 per cent of issued and outstanding share of the target, which owns a 100-per-cent interest in the Valimaki gold project located in Finland.

Under the terms of the agreements, the company agreed to acquire the target in exchange for: (i) $35,000 cash payment; (ii) issuance of five million common shares of the company on closing date; and (iii) issuance of additional five million common shares of the company upon receipt of the first approval, right or entitlement to commence drilling at the project. Furthermore, the company granted the vendor a 2-per-cent net smelter royalty on the project to the vendor and the target has the option to purchase 1 per cent of the royalty (reducing the royalty to 1 per cent) for $3-million.

For more information, please refer to the company's news releases dated Dec. 3, 2025, and Feb. 19, 2026.