The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of the Lavender Lake and South Gibi Lake properties. By way of consideration, the company will make cash payments totalling $202,500 and will issue common shares with a total value of $202,500 over a three-year period. The deemed price per share is subject to a minimum floor price of 25.5 cents, being the discounted market price. The property is subject to a 2-per-cent net smelter return (NSR) royalty in favour of the vendors.

Consideration:  $202,500 cash and up to 794,118 common shares

A finder's fee is not applicable to this transaction.

For further details, please refer to the company's news release dated Dec. 10, 2025.