The TSX Venture Exchange has accepted for filing a property option agreement dated April 14, 2026, with respect to two arm's-length optionors for the acquisition of a 100-per-cent interest in the Gravel Ridge PGM (platinum group metal) property, located proximal to the Lac des Iles mine in Northwestern Ontario. The property consists of 37 Ontario mining claim cells. The agreement provides the following consideration.

Consideration:  $17,500 cash; maximum of 372,549 common shares at minimum deemed issue price per share of 25.5 cents

The property is subject to a 1.5-per-cent net smelter return (NSR) royalty, in favour of the optionors, of which 0.5 per cent can be repurchased by the company for a one-time cash payment of $500,000.

For further details, please refer to the company's news release dated April 16, 2026.