The TSX Venture Exchange has accepted for filing documentation with respect to the disposition of all the company's mining claims, mineral rights, permits and property agreements that comprise the Bell Mountain project, located in Nevada, to an arm's-length party, Lincoln Gold Mining Inc. Lincoln Gold will issue a total of 4.5 million shares to the company; of the 4.5 million shares to be issued, three million shares will be issued on the closing date at a deemed price of 12.75 cents per share and the remaining 1.5 million shares will be issued upon Lincoln Gold having a minimum of 28.5 million common shares issued and outstanding. Lincoln Gold will also grant the company an entitlement to a 7.5-per-cent net profit interest from gold and silver produced or extracted from the property up to a maximum amount of $2-million (U.S.).

No finder's fee was paid.

For further details, please refer to the company's news releases dated Nov. 9, 2023, May 6, 2024, Aug. 12, 2024, Aug. 27, 2024, Sept. 25, 2024, and Jan. 6, 2025.