The TSX Venture Exchange has accepted for filing certain share exchange agreements dated Dec. 8, 2024, and as amended on Feb. 6, 2025, between the company and certain arm's-length parties to acquire a 26-per-cent equity stake in an arm's-length private company. Combined with the company's previous interest of 49 per cent in the target, the company will hold a 75-per-cent interest in the target postclosing of the transaction.

Under the terms of the agreement, the company will issue 19,999,988 shares to the vendors at a deemed price of 7.5 cents per share.

For further details, please refer to the company's news releases dated Dec. 10, 2024, and Feb. 26, 2025.