File: Attachment Drummond - NR Announcing Elton Termination of Merger Agreement-QT.pdf

DRUMMOND VENTURES ANNOUNCES TERMINATION OF MERGER AGREEMENT

Vancouver, British Columbia June 11, 2025 - Drummond Ventures Corp. ("Drummond" or the "Company") (TSX Venture: DVX.P), a capital pool company, announces that its merger agreement with Elton Resources Corp. ("Elton") has expired and, accordingly, Drummond has provided Elton with notice that Drummond has terminated the agreement in accordance with its terms.

Elton has elected to remain private and as per the terms of the agreement, has agreed to reimburse Drummond for its expenses incurred in respect to the proposed transaction.

The Company will continue to pursue and evaluate other businesses and assets with a view to completing a Qualifying Transaction and will make further announcements with respect to these efforts as soon as practically possible and, in the interim, will apply to the TSX Venture Exchange to reinstate trading of the Company's common shares.

About Drummond Ventures Corp.

Drummond is a capital pool company ("CPC") formed under the TSXV CPC program.

For additional information concerning Drummond Ventures Corp., please contact:

Craig Rollins, Chief Executive Officer Telephone: 778-945-3948 Email: crollins@pathwaycapital.ca

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information, including the reinstatment of trading. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Drummond assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to Drummond. Additional information identifying risks and uncertainties is contained in the Drummond's filings with the Canadian securities regulators, which filings are available at www.sedar.com.