Mr. Tom MacNeill reports

EROS RESOURCES CORP. COMPLETES SALE OF BELL MOUNTAIN

Eros Resources Corp. has completed the sale of the Bell Mountain gold project located in Churchill county, Nevada, to Lincoln Gold Mining Inc., pursuant to a purchase agreement dated Nov. 3, 2023, as amended on Jan. 8, 2024, March 15, 2024, May 31, 2024, Aug. 15, 2024, and Dec. 29, 2024, between the company, Bell Mountain Exploration Corp. (BMEC), a wholly owned subsidiary of the company, Lincoln and Lincoln Resource Group Corp., a wholly owned subsidiary of Lincoln.

At closing, as consideration for the project, Lincoln issued to Eros three million common shares in the capital of Lincoln at a deemed issue price of 12.75 cents per share. The company also received a net profit interest of 7.5 per cent of the net returns from gold and silver produced or extracted from the project up to a maximum amount of $2-million (U.S.), which net profit interest is held through BMEC.

In accordance with the agreement, Eros will also receive 1.5 million Lincoln shares within five business days of the date on which Lincoln completes any issuance of Lincoln shares that results in at least 28.5 million Lincoln shares issued and outstanding.

The sale of the project pursuant to the agreement was approved by the company's shareholders at its annual general meeting held on Sept. 24, 2024. No finders' fees have been paid in connection with the arm's-length transaction. The agreement does not involve a disposition to a related party, as defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, of the company and is not a related party transaction under MI 61-101.

About Eros Resources Corp.

Eros Resources is a Canadian public company listed on the TSX Venture Exchange. Eros's business objective is the identification, acquisition and exploration of advanced-stage projects with a North American focus. In addition, Eros plans to make strategic investments with a global focus on a diverse commodity base.

We seek Safe Harbor.