TMX Newsfile News Releases (Due North Marketing)

Goldcana Announces Closing of Non-Brokered Private Placement Financing for $2 Million

Fri, 25 Sep 2026 20:46:00 -0400

White Rock, British Columbia--(Newsfile Corp. - September 25, 2026) - Goldcana Resources Inc. (CSE: GC) ("Goldcana" or the "Company") is pleased to announce that it has closed its non-brokered private placement of units of the Company (the "Units") for aggregate gross proceeds of C$2,000,000 through the issuance of 8,000,000 Units at a price of C$0.25 per Unit (the "Offering"), previously announced in the news releases dated September 2, 2026 and September 10, 2026.

Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to acquire one additional Common Share at a price of C$0.50 per share for a period of 24 months from the closing date of the Offering.

The Warrants are subject to an acceleration provision whereby, following the expiry of the applicable statutory hold period, if the volume weighted average trading price of the Company's common shares on the Canadian Securities Exchange, or such other Canadian stock exchange on which the common shares are then listed, equals or exceeds C$1.00 for five consecutive trading days, the Company may accelerate the expiry date of the Warrants by issuing a news release and the Warrants will expire on the 15th trading day following the date of such news release unless exercised prior to that date.

The net proceeds of the Offering will be used for mineral exploration activities, including exploration and advancement of the La Sarre Gold Project, as well as for general working capital and corporate purposes, as previously announced in the news release dated September 10, 2026. Goldcana has entered into an option agreement dated August 29, 2026 with the holders of the La Sarre claims under which Goldcana may earn up to a 100% legal and beneficial interest in the Project. Refer to the news release dated September 2, 2026 for more details.

In connection with the Offering, the Company paid finder's fees of C$76,482.00 and issued 305,928 finder's warrants to eligible finders in accordance with applicable securities laws and Canadian Securities Exchange policies. Each finder's warrant is exercisable for one Common Share at C$0.50 until September 25, 2028. The securities issued pursuant to the Offering are subject to applicable resale restrictions, including a statutory hold period in accordance with applicable securities laws. The Offering is subject to final acceptance of the Canadian Securities Exchange. No insiders of the Company participated in the Offering.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

About Goldcana Resources Inc.:

Goldcana Resources Inc. (CSE: GC) is engaged in the identification, acquisition, exploration and development of mineral resource projects.

The Company holds the exclusive option to acquire a 100% interest, subject to net smelter returns royalties ranging from 2% to 3%, in the Triple F Gold Project, which consists of eight mineral claims covering approximately 851 acres located in the Nicola and Vernon Mining Divisions, British Columbia approximately 28 kilometres northwest of Kelowna.

About the La Sarre Gold Project:

The La Sarre Gold Project is a district-scale mineral exploration property located in the western Abitibi Greenstone Belt of Québec. The Project comprises approximately 48,615 hectares across 866 Exclusive Exploration Rights and benefits from year-round access through Highway 111, nearby communities, hydroelectric power and proximity to established mining-service centres including Rouyn-Noranda and Val-d'Or. The property contains more than 50 kilometres of prospective Abitibi greenstone geology and multiple major structural corridors prospective for gold and base-metal mineralization. Modern mineral prospectivity analysis undertaken by Mercator has identified 33 exploration targets across the property, providing Goldcana with a district-scale pipeline of opportunities for future exploration and drilling.

ON BEHALF OF GOLDCANA RESOURCES INC.

Clive Brookes
President and Chief Executive Officer
T: 604-630-9794
E: info@goldcana.com

FORWARD LOOKING INFORMATION

Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this news release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316169

Krait Critical Minerals Closes First Tranche of Private Placement for $1.22 Million

Fri, 25 Sep 2026 20:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - Krait Critical Minerals Corp. (CSE: KRIT) (FSE: U0S) (the "Company" or "Krait") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Offering"), issuing 1,631,100 common shares (the "Shares") at $0.75 per Share for gross proceeds of $1,223,325.

Further to its news releases dated September 8, 2026, and September 16, 2026, the Company has closed the first tranche of its previously announced non-brokered private placement. Krait issued 1,631,100 common shares at $0.75 per share for gross proceeds of $1,223,325. The Offering was increased to a maximum of $2,000,000 on September 16, 2026. The Company expects to close a second tranche next week, subject to customary closing conditions and any required regulatory approvals. No warrants were issued to subscribers as part of the Offering.

In connection with the first tranche, the Company paid aggregate finder's fees of $56,437.50 and issued 75,250 non-transferable finder's warrants. Each finder's warrant entitles its holder to acquire one additional common share of the Company at $0.95 for a period of one year from the date of issuance, subject to applicable securities laws and Canadian Securities Exchange ("CSE") policies.

"We are pleased to have closed this first tranche and appreciate the support shown by investors as we continue the Offering," said Oscar Mendoza, Chief Executive Officer and Director of Krait. "With a second closing planned for next week, this financing will support our work at Goldbar Spider Lake and our evaluation of the Washington antimony portfolio acquired through Nevada Hills."

The Company expects to use the net proceeds for exploration expenditures at its Goldbar Spider Lake Project in Ontario; continued evaluation of the assets held through its wholly owned subsidiary, Nevada Hills Antimony LLC, including interests relating to the Bales Antimony Project and the Antimony Bell Project in Washington State; and general working capital and corporate purposes. Krait completed its acquisition of Nevada Hills on September 16, 2026. Nevada Hills holds contractual rights to acquire the underlying Bales claims; Krait did not acquire direct ownership of those claims upon closing the Nevada Hills transaction.

The Shares and finder's warrants issued in connection with the first tranche, together with any common shares issued upon exercise of the finder's warrants before expiry of the applicable hold period, are subject to a statutory hold period of four months and one day from the date of issuance of the Shares and finder's warrants, as applicable, in addition to any applicable CSE restrictions.

About Krait Critical Minerals Corp.

Krait Critical Minerals Corp. is a Canadian mineral exploration company focused on advancing its Goldbar Spider Lake Project in Ontario while evaluating additional mineral opportunities in North America. The Company's strategy is to combine disciplined project evaluation, modern exploration technologies and responsible field programs to identify and advance high-quality exploration opportunities with the potential to create long-term shareholder value.

Krait's flagship asset is the Goldbar Spider Lake Project in Ontario's Thunder Bay Mining Division, approximately 20 kilometres east of Terrace Bay and 30 kilometres west-northwest of Marathon. The 3,636-hectare (approximately 8,985-acre) property comprises 148 mining claims and 171 claim units, and Krait has an option to earn a 100% interest, subject to a 3% net smelter return royalty. Located within the western Schreiber-Hemlo Greenstone Belt, the Project benefits from year-round access via Highway 17, nearby rail and power infrastructure, and proximity to established mining communities and service providers.

Krait acquired Nevada Hills Antimony LLC ("Nevada Hills") on September 16, 2026. Through Nevada Hills, Krait holds contractual interests relating to the Bales Antimony Project, together with interests in the Antimony Bell Project and other related assets in Washington State. The acquisition expanded Krait's critical-minerals portfolio to include U.S.-based antimony exploration opportunities.

Investors are encouraged to visit Krait's new corporate website at www.kraitminerals.com to learn more about the Company, its Goldbar Spider Lake Project, management team, corporate strategy and latest news.

All stakeholders are encouraged to follow the Company on LinkedIn, X.com, Facebook, and Instagram.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

On Behalf of the Board of Directors
Oscar Mendoza
Chief Executive Officer and Director

For further information, please contact:
Krait Critical Minerals Corp.
Steve Vanry – CFO
Phone: +1 604 671-9522
Email: steve@kraitminerals.com

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable Canadian securities laws. Forward-looking information is often identified by words such as "expects," "intends," "plans," "anticipates," "may," "will," "could" and similar expressions. Forward-looking information in this release includes, but is not limited to, statements concerning the expected completion and timing of a second tranche of the Offering; the number of Shares to be issued and proceeds to be raised in any subsequent tranche; the possible payment of additional finder's fees or issuance of finder's warrants; the receipt of required regulatory or CSE approvals; the anticipated application of net proceeds; the Company's planned exploration expenditures at Goldbar Spider Lake and continued evaluation of the Nevada Hills assets; and Krait's exploration and corporate plans.

Forward-looking information is based on management's current expectations and assumptions as of the date of this release, including that outstanding subscriptions will be completed on the contemplated terms, subscribers will fund their commitments, required approvals will be obtained, market conditions will remain suitable and the Company will be able to apply the proceeds substantially as intended. These assumptions may prove incorrect.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. These include the risk that a second tranche closes later than expected, raises less than anticipated or does not close; that subscriptions change or are withdrawn; that regulatory or exchange acceptance is delayed or not obtained; that market conditions, exploration priorities or costs change; and that the actual use of proceeds differs from the present plan. Exploration activities are also subject to access, permitting, contractor availability, technical results and other risks described in the Company's continuous disclosure filings available on SEDAR+.

There can be no assurance that a second tranche will close next week or at all, that the Offering will raise its maximum amount, or that planned exploration and evaluation activities will proceed as anticipated. Readers should not place undue reliance on forward-looking information. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise such information as a result of new information, future events or otherwise.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316146

TNR Gold Provides Update on Annual Meeting of Shareholders

Fri, 25 Sep 2026 18:15:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - TNR Gold Corp. (TSXV: TNR) ("TNR Gold", "TNR" or the "Company") announced that it has received notice of a petition filed in the Supreme Court of British Columbia by Eucalyptus Resources Opportunities Fund 1, LP, in connection with the Company's annual general and special meeting of shareholders (the "Meeting").

The petition relates to certain procedural matters in connection with the Meeting, including the record date, conduct, and timing. The Company is issuing this news release in compliance with its disclosure obligations under TSX Venture Exchange Policy 3.3.

TNR believes the petition is without merit and intends to vigorously defend the proceeding. The Company will provide further updates as required by applicable securities laws and TSX Venture Exchange requirements.

ABOUT TNR GOLD CORP.

TNR Gold Corp. is working to become the green energy metals royalty and gold company.

Our business model provides a unique entry point in the creation of supply chains for critical materials like energy metals that are powering the energy rEVolution, and the gold industry that is providing a hedge for this stage of the economic cycle.

Our portfolio provides a unique combination of assets with exposure to multiple aspects of the mining cycle: the power of blue-sky discovery and important partnerships with industry leaders as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.

Over the past thirty years, TNR, through its lead generator business model, has been successful in generating high-quality global exploration projects. With the Company's expertise, resources and industry network, the potential of the Mariana Lithium Project and Los Azules Copper Project in Argentina, among many others, have been recognized.

TNR holds a 1.5% NSR royalty on the Mariana Lithium Project in Argentina, of which 0.15% of such NSR royalty is held on behalf of a shareholder of the Company. Ganfeng Lithium's subsidiary, Litio Minera Argentina ("LMA"), has the right to repurchase 1.0% of the NSR royalty on the Mariana Project, of which 0.9% is the Company's NSR royalty interest. The Company would receive CAN$900,000, and its shareholder would receive CAN$100,000 on the repurchase by LMA, resulting in TNR holding a 0.45% NSR royalty and its shareholder holding a 0.05% NSR royalty.

The Mariana Lithium Project is 100% owned by Ganfeng Lithium. The Mariana Lithium Project has been approved by the Argentina provincial government of Salta for an environmental impact report. Ganfeng Lithium officially inaugurated Mariana Lithium's start of production at a 20,000 tons-per-annum lithium chloride plant on February 12, 2025.

TNR Gold also holds a 0.4% NSR royalty on the Los Azules Copper Project, of which 0.04% of the 0.4% NSR royalty is held on behalf of a shareholder of the Company. The Los Azules Copper Project is being developed by McEwen Inc.

TNR also holds a 7% NPR on the Batidero I and II properties of the Josemaria Project that is being developed by the joint venture between Lundin Mining and BHP.

TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin Gold project, which is being developed by Novagold Resources. The Company's strategy with the Shotgun Gold Project is to attract a joint venture partnership with a major gold mining company. The Company is actively introducing the project to interested parties.

At its core, TNR provides a wide scope of exposure to gold, copper, silver and lithium through its holdings in Alaska (the Shotgun Gold porphyry project) and royalty holdings in Argentina (the Mariana Lithium project, the Los Azules Copper Project and the Batidero I & II properties of the Josemaria Project), and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.

On behalf of the Board of Directors,

Kirill Klip

Executive Chairman

www.tnrgoldcorp.com

For further information concerning this news release please contact Kirill Klip +1 604-229-8129

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "will", "could" and other similar words, or statements that certain events or conditions "may" or "could" occur, although not all forward-looking statements contain these identifying words. Specifically, forward-looking statements in this news release include, but are not limited to, statements made in relation to: the upcoming Meeting; the petition filed by Eucalyptus Resources Opportunities Fund 1, LP; the advancement of TNR's key assets towards development milestones; TNR's future receipt of cash flows from its royalty holdings and the subsequent contribution of significant value to its shareholders; the possible growth of TNR's value; and TNR's strategy and business objectives. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the Company's interim and annual Management's Discussion and Analysis which are available under the Company's SEDAR+ profile on www.sedarplus.ca. While management believes that the assumptions made and reflected in this news release are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. In particular, there can be no assurance that: TNR will enter into one or more strategic transactions, partnership or a spin-out, or be able to complete any further royalty acquisitions or sales of royalty interests, or portions thereof; TNR's key assets will advance toward development milestones on the timeline currently anticipated or at all; the petition will proceed as anticipated by the Company; or that TNR will be able to achieve any of its corporate objectives. TNR relies on the confirmation of its ownership for mining claims from the appropriate government agencies when paying rental payments for such mining claims requested by these agencies. There could be a risk in the future of the changing internal policies of such government agencies or risk related to the third parties, in future, challenging the ownership of such mining claims. Given these uncertainties, readers are cautioned that forward-looking statements included herein are not guarantees of future performance, and such forward-looking statements should not be unduly relied on.

In formulating the forward-looking statements contained herein, management has assumed that business and economic conditions affecting TNR, and its royalty partners, McEwen Inc., Ganfeng Lithium and Lundin Mining will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

Forward-looking information herein and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316155

DLP Resources Provides Update on Esperanza Drill Program

Fri, 25 Sep 2026 18:15:00 -0400

Cranbrook, British Columbia--(Newsfile Corp. - September 25, 2026) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (FSE: J8C) ("DLP" or the "Company") provides an update on its recently commenced maiden drill program at the 100%-owned Esperanza copper-gold-molybdenum project ("Esperanza" or the "Project") in southern Peru.

The Company has temporarily paused drilling activities at Esperanza while certain matters relating to the Project's authorization are addressed. DLP is working closely and expeditiously with its Peruvian legal and technical advisors and the relevant authorities to address these matters and obtain the necessary confirmations to commence drilling.

At this stage, DLP has no reason to believe that these matters cannot be resolved. The Company remains committed to advancing its maiden drill program at Esperanza and intends to recommence drilling as soon as practicable.

DLP will provide a further update as additional information becomes available.

About DLP Resources Inc.

DLP Resources Inc. is a copper-focused development company advancing two 100%-owned projects in southern Peru: Aurora and Esperanza.

Aurora is a large-scale porphyry copper-molybdenum-silver deposit containing a combined open pit and underground indicated mineral resource of 614.84 million tonnes at 0.19% Cu, 0.06% Mo and 2.09 g/t Ag, and an inferred mineral resource of 1,118.80 million tonnes at 0.18% Cu, 0.07% Mo and 1.95 g/t Ag. An independent Preliminary Economic Assessment (PEA) completed in September 2026 established an after-tax NPV8% of US$2,703 million and an IRR of 18.5%, based on a 17.5-year mine life utilizing open pit and underground mining methods. Aurora's robust production profile contemplates payable production of 90.5 million pounds per year of copper, 37.4 million pounds per year of molybdenum and 1.21 million ounces per year of silver.

Esperanza is an emerging district-scale copper-gold discovery located 35km from Cerro Verde, one of the world's largest copper mines. A 5.0km × 2.5km magnetic anomaly is supported by high-grade surface and trench sampling results, with a maiden drill program which commenced on September 20, 2026.

DLP is listed on the TSX-V (DLP), on the OTCQB (DLPRF), and on the FSE (J8C).

Mr. Gendall, CEO & President of the company, is a qualified person as defined by National Instrument 43-101. Mr. Gendall has reviewed and approved the technical contents of this news release.

The results of the PEA are preliminary in nature. The PEA is based on a Mineral Resource Estimate that has not been upgraded to a Mineral Reserve and the economic analysis does not have as high a level of certainty as a Pre-Feasibility Study or Feasibility Study. The PEA includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be classified as Mineral Reserves. There is no certainty that the PEA will be realized. Actual capital costs, operating costs, production rates, metallurgical recoveries, and project economics may differ materially from those set out in the PEA. The PEA is subject to various risks and uncertainties, including those related to commodity prices, exchange rates, capital and operating costs, permitting timelines, and the availability of financing. Readers are directed to the Company's news release dated September 1, 2026 for disclosure of QA/QC procedures, methodology and data verification undertaken in respect of the Aurora mineral resource estimate and PEA.

FOR FURTHER INFORMATION, PLEASE CONTACT:

DLP RESOURCES INC.
Ian Gendall
President and Chief Executive Officer
iangendall@dlpresourcesinc.com

Gautam Iyer
VP Corporate Development & Investor Relations
gautamiyer@dlpresourcesinc.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the Company's expectation that matters relating to the Project's authorisation can be resolved; the Company's intention to recommence drilling at Esperanza as soon as practicable; the Company's commitment to advancing its maiden drill program at Esperanza; and the anticipated production profile and economics of the Aurora project as set out in the PEA.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the risk that the matters relating to the Project's authorisation cannot be resolved or cannot be resolved in a timely manner; risks relating to the regulatory and permitting environment in Peru; risks related to community relations and social licence to operate; uncertainty as to the Company's ability to fund and conduct its exploration programmes; risks inherent in mineral exploration activities, including unexpected geological or environmental conditions; the preliminary nature of the PEA and the risk that actual capital costs, operating costs, production rates, metallurgical recoveries and project economics may differ materially from those set out in the PEA; and commodity price, exchange rate and general market risks.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the matters relating to the Project's authorisation will be satisfactorily resolved and the necessary confirmations obtained; that regulatory approvals and permits required for operations at Esperanza will be obtained or maintained in a timely manner; that the Company will have sufficient funding to resume and complete the drill programme; and the key technical and economic assumptions set out in the PEA, as more fully described in the Company's news release dated September 1, 2026.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316152

Phenom Provides Supplemental Disclosure Regarding Marketing Services Agreements

Fri, 25 Sep 2026 18:10:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is providing supplemental disclosure to its news release dated September 16, 2026 (the "Original Release"), in which it announced that it had entered into three-month agreements with Stockhouse Publishing Ltd., doing business as The Market Link ("Market Link"), and Kalkine Media Inc. ("Kalkine"), to provide issuer advertising campaigns to the Company (the "Market Link Agreement" and the "Kalkine Agreement", respectively, and together, the "Agreements"). This news release provides additional details regarding the services, consideration and contact information of each service provider.

Pursuant to the Market Link Agreement, Market Link will provide the Company with a three-month issuer advertising campaign for aggregate cash consideration of $45,000. The campaign includes an issuer advertising package across Market Link's platforms and a digital boost campaign of retargeting and lookalike advertising across third-party digital and social media platforms, together with content distribution across German-language financial platforms by Apaton Finance GmbH ("Apaton"), whose services account for $15,000 of the $45,000 contract. No securities will be issued as compensation.

Pursuant to the Kalkine Agreement, Kalkine will provide the Company with a three-month issuer advertising campaign on its website, kalkinemedia.com/ca, for aggregate cash consideration of $2,200. The campaign includes sponsored articles and press releases, video content, display and banner advertising, a dedicated company page, and social media and email campaigns. No securities will be issued as compensation.

Market Link
The Market Link is a department and brand wholly owned and operated by Stockhouse Publishing Ltd., a company registered in British Columbia. Market Link is a Vancouver-based digital marketing agency that connects public companies with retail investors through digital marketing, investor outreach and advertising solutions, including distribution across the Stockhouse platform and its partner networks. Market Link's offices are located at Level 3 - 1055 West Hastings Street, Vancouver, British Columbia V6E 2E9, and Market Link may be contacted through its Managing Director, Twila Jensen, at 778-588-7012. As disclosed in the Original Release, Market Link is arm's length to the Company and has no direct or indirect interest in the securities of the Company.

Kalkine Media
Kalkine Media Inc. is a Toronto, Ontario-based marketing and media platform company that delivers corporate news, market insights and economic updates, connecting public companies with investors through editorial coverage, executive interviews and multimedia content published on its website, kalkinemedia.com/ca, and across its global network. Kalkine's offices are located at 401 Bay Street, 16th Floor, Toronto, Ontario M5H 2Y4, and Kalkine may be contacted at 416-646-0750 or info@kalkinemedia.com. As disclosed in the Original Release, Kalkine is arm's length to the Company and has no direct or indirect interest in the securities of the Company.

Apaton Finance
Apaton is a Hannover, Germany-based investor relations and capital markets communications firm that has connected publicly listed small- and mid-cap companies with private and institutional investors since 2005. Apaton's offices are located at Ellernstrasse 34, 30175 Hannover, Germany, and Apaton may be contacted through its founder and Managing Director, Mario Hose, at +49 511 6768-731. Apaton provides its services to the Company as a partner of Market Link under the Market Link Agreement.

About Phenom Resources Corp.
Phenom has 100% interest in the Dobbin Gold property, a Carlin Gold-type target, the Crescent Valley Property, a Bonanza high grade gold vein-type and a critical metals IOCG-type target and the Carlin Gold-Vanadium Project, which hosts the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. In addition, the Company has an option on another gold project in Nevada, the King Solomon property, which is also a Carlin Gold-type target.

ON BEHALF OF PHENOM RESOURCES CORP.
per: "Paul Cowley"
CEO & President
(604) 340-7711
pcowley@phenomresources.com www.phenomresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information in this news release includes, but is not limited to, statements regarding the services to be provided to the Company under the Agreements, the term of the marketing campaigns and the delivery of services by Apaton as a partner of Market Link. Forward-looking information is based on the reasonable assumptions, estimates and opinions of management as of the date of this news release, including the assumption that each service provider will perform its obligations under the applicable Agreement as described herein. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied, including the failure of any service provider to perform the services as anticipated, the termination or amendment of any of the Agreements, changes in applicable securities laws or stock exchange policies, and general market conditions. Additional risk factors are described in the Company's continuous disclosure documents available on SEDAR+ at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof, and the Company does not undertake to update or revise such information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316151

Adyton Grants Stock Options and RSUs

Fri, 25 Sep 2026 18:00:00 -0400

Brisbane, Australia--(Newsfile Corp. - September 25, 2026) - Adyton Resources Corporation (TSXV: ADY) (OTCQB: ADYRF) (FSE: 701) ("Adyton" or the "Company") announces that its Board of Directors has approved the grant of stock options and restricted share units ("RSUs") under the Company's equity incentive plans.

Grant of Stock Options and RSUs

The Company has granted an aggregate of 11,150,000 stock options and 2,300,000 restricted share units (each an "RSU") to certain directors, officers, employees and a consultant of the Company.

The stock options have been granted under the Company's Amended and Restated Stock Option Plan (the "Option Plan"). Each option entitles the holder to acquire one common share at an exercise price of C$0.50 for a three-year period expiring on September 25, 2029. The options are subject to the vesting requirements of the Option Plan and the applicable option agreements, including a 12-month continuous service requirement, with qualifying prior service credited toward that requirement. Any common shares acquired on exercise of the options will be subject to a contractual resale restriction for a period of 12 months.

The RSUs have been granted under the Company's Amended and Restated Non-Option Omnibus Incentive Plan (the "Omnibus Plan"). Each RSU entitles the holder to settlement in common shares and/or cash in accordance with the provisions of the Omnibus Plan. The RSUs have a scheduled vesting date of September 25, 2027, subject to the applicable continuous service requirements, and are also subject to a performance criterion requiring the 30-day volume weighted average price of the Company's common shares on the TSX Venture Exchange to equal or exceed C$0.50 at any time on or after September 25, 2026 and prior to the expiry of the applicable restriction period on December 31, 2029. The RSUs may not vest prior to September 25, 2027. Any common shares issued on settlement of the RSUs will be subject to a contractual resale restriction for a period of 12 months.

For further information please contact:
Tim Crossley, Chief Executive Officer
E‐mail: ir@adytonresources.com
Phone: +61 7 3854 2389
Phone: +1 778 549 6768

ABOUT ADYTON RESOURCES CORPORATION

Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring to expand its identified gold Inferred and Indicated Mineral Resources and expand on its recent significant copper drill intercepts on the 100% owned Feni Island ‎project. The Company's mineral exploration projects are located on the Pacific Ring of Fire on easy to access island locations which hosts several globally significant copper and gold deposits including the Lihir gold mine and ‎Panguna copper/gold mine on Bougainville Island, both neighboring projects to the ‎Company's Feni Island project.

Adyton has a total Mineral Resource Estimate inventory within its PNG portfolio of projects comprising indicated resources of 441,000 ounces gold and inferred resources of 2,086,000 ounces gold.

The Feni Island Project currently has a mineral ‎resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred ‎mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland ‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.

The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 10.19 million tonnes at an average grade of 1.35 g/t Au for contained gold of 441,000 ounces and an inferred mineral resource of 21.2 million tonnes at an average grade of 0.92 g/t Au for contained gold of 626,000 ounces, both inferred and indicated resources used a 0.4g/t Au cut-off grade.

See the technical report dated 12 July, 2026, entitled "NI 43-101 Technical Report on Gameta Au Project Fergusson Island, Papua New Guinea" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant ‎and "Qualified Person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.

See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant ‎and "Qualified Person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.

For more information about Adyton and its projects, visit www.adytonresources.com

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Forward-looking statements

This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are based on the expectations, estimates and projections of the Company as of the date of this press release and are subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements.

Forward-looking statements in this press release include, but are not limited to, statements regarding the vesting and settlement of the RSUs, the satisfaction of the applicable performance criteria, including the achievement of the specified 30-day volume weighted average price of the Company's common shares, and the vesting and exercise of the stock options.

Forward-looking statements are based on management's reasonable assumptions, estimates, expectations, analyses and opinions as of the date such statements are made, including assumptions regarding the continued service of the applicable holders, the future trading price and liquidity of the Company's common shares, the satisfaction of applicable vesting and performance conditions, and compliance with the terms of the Company's equity incentive plans and applicable regulatory requirements.

Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated, including changes in the market price of the Company's common shares, the failure to satisfy applicable vesting or performance conditions, changes in securities markets, changes in applicable laws or regulatory requirements, and the other risks described in the Company's public disclosure documents filed under its profile on SEDAR+.

Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316123

NV Gold Announces Closing of Final Tranche of Non-Brokered Private Placement

Fri, 25 Sep 2026 17:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - NV Gold Corporation (TSXV: NVX) (OTCQB: NVGLF) ("NV Gold" or the "Company"), announces that, further to its News Releases of August 11, 2026 and August 31, 2026, it has completed the final tranche of its non-brokered private placement whereby it issued 1,740,948 units ("Units") at a price of $0.40 per Unit for gross proceeds $696,379.20 (the "Offering"). Each Unit consists of one common share (each, a "Share") and one-half of one transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable at a price of $0.80 per Share and expires 2 years from the date of issuance. The Company completed a first tranche of the Offering on August 31, 2026 and issued 1,759,052 units for gross proceeds $703,620.80. The Company received aggregate proceeds of $1,400,000 from the first and second tranche of the Offering.

All securities issued in connection with the Offering are subject to a statutory hold period expiring four months and one day after closing of the Offering.

The Company did not pay any finder's fees in connection with the closing of the Offering.

The aggregate gross proceeds from the Offering are expected to be used for an anticipated drill program and general working capital.

None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About NV Gold Corporation

NV Gold (TSXV: NVX) (OTCQB: NVGLF) is a well-financed exploration company with ~37 million shares issued, approximately $1.6 M in its treasury and no debt. The Company is based in Vancouver, British Columbia and is focused on delivering value through mineral discoveries in Nevada, USA, leveraging its highly experienced in-house technical knowledge. 2026-7 will be NV Gold's busiest exploration year in its corporate history.

On behalf of the Board of Directors,

John E. Watson
Chairman & CEO

For further information, visit the Company's website at nvx.gold or contact us at 604-245-0054.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316122

Goldgroup Closes Record US$122 Million Non-Brokered Private Placement

Fri, 25 Sep 2026 16:34:00 -0400

Strong Institutional Demand Drives 60% Upsize, Providing Capital to Accelerate Growth and Pursue Strategic Opportunities

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - Goldgroup Mining Inc. (TSXV: GORO) (NYSE American: GORO) (FSE: 55G) ("Goldgroup" or the "Company") has closed (the "Closing") its previously announced non-brokered private placement (the "Offering"), issuing 33,382,326 units (the "Units") at US$3.65 per Unit for aggregate gross proceeds of US$121,845,490.

Each Unit consists of one common share of the Company (a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one common share (a "Warrant Share") at an exercise price of US$5.10 until March 25, 2028.

The Company intends to use the net proceeds for working capital and general corporate purposes, including advancing its existing mining and development portfolio and evaluating strategic investments and M&A opportunities in the mining sector. The Offering exceeded Goldgroup's initial US$75 million target by more than 60%, strengthening the Company's balance sheet and increasing its financial flexibility. Goldgroup has not made a final allocation of the net proceeds and may reallocate them in response to business opportunities, market conditions and other circumstances. Pending deployment, the net proceeds may be held in cash, cash equivalents or short-term investments. There can be no assurance that any acquisition, investment or other transaction will be identified or completed on acceptable terms or at all.

Javier Reyes, Chairman and CEO, commented, "This financing is an important milestone for Goldgroup. Raising approximately US$122 million on a non brokered basis—more than 60% above our initial target and the largest financing in the Company's history—reflects strong support from new and existing shareholders and gives us greater flexibility to advance our portfolio and evaluate strategic opportunities. We believe it reflects Goldgroup's growing profile in the mining investment community. The participation of leading institutional and sophisticated mining investors is especially meaningful to us, and we do not take their trust for granted."

"Our priority now is disciplined execution. We intend to deploy this capital to support production growth, project advancement and carefully selected external opportunities. We intend to repay the confidence investors have placed in us through disciplined capital allocation, operational performance and a relentless focus on creating long-term value per share. We are grateful to every investor who has chosen to join us on this journey, and to our employees and partners whose work has made this milestone possible."

Goldgroup's four wholly owned assets include the producing Don David Gold Mine in Oaxaca and Cerro Prieto Gold Mine in Sonora, Mexico; the San Francisco Gold Project in Sonora, which is being advanced toward a potential production restart; and the Back Forty Project in Michigan, which is advancing through permitting and feasibility. The Company's strategy is to build a larger-scale mid-tier mining company through production growth, exploration, mine optimization, project development and disciplined M&A.

The securities issued under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the "United States" (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable U.S. state securities laws or an available exemption from those registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The Shares and Warrants comprising the Units, and the Warrant Shares issuable upon exercise of the Warrants, are subject to a statutory hold period under applicable Canadian securities laws ending four months and one day after the Closing. The Company received conditional approval from the TSX Venture Exchange (the "TSXV") to close the Offering, with final TSXV approval subject to completion of the Company's remaining filing requirements with the TSXV.

In connection with the Offering, the Company agreed to pay eligible finders a cash commission equal to 5% of the gross proceeds raised from subscribers introduced by those finders, in accordance with applicable securities laws and TSXV policies. The Company paid eligible finders aggregate cash commissions of US$4,219,785.04.

About Goldgroup

Goldgroup Mining Inc. is a precious-metals producer and growth-oriented mining company with four wholly owned assets in Mexico and the United States. The Company owns and operates the Don David Gold Mine in Oaxaca and the Cerro Prieto Gold Mine in Sonora, Mexico, and is advancing the San Francisco Gold Project in Sonora toward a potential production restart and the Back Forty Project in Michigan toward permitting and feasibility.

Goldgroup's strategy is to build a larger-scale intermediate mining company through production growth, exploration, mine optimization, project development and disciplined M&A. The Company is listed on the TSXV and NYSE American under the symbol "GORO" and on the Frankfurt Stock Exchange under the symbol "55G." For more information, visit www.goldgroupmining.com.

Contact
Goldgroup Mining Inc.
Javier Reyes
Chief Executive Officer
jreyes@goldgroupmining.com

Sophia Shane
Corporate Development
sshane@goldgroupminng.com
1 (604) 306-6867

www.goldgroupmining.com

Forward-Looking Statements:

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). Forward-looking statements in this news release include, but are not limited to, statements regarding the use of proceeds of the Offering, including the advancement of its existing projects and the evaluation and funding of acquisitions, strategic investments and other M&A opportunities; the remaining regulatory approvals, including final filing requirements of the TSXV and NYSE American; the advancement and potential restart of mining operations at the San Francisco Gold Project; the advancement of the Back Forty Project toward development; and the Company's growth, acquisition and M&A strategy.

Forward-looking statements are based on the Company's current expectations, estimates, projections, assumptions and beliefs, including assumptions regarding the receipt and timing of required regulatory approvals; the Company's ability to advance its existing projects; the availability of suitable acquisition, strategic investment and other M&A opportunities; the satisfactory completion of due diligence and negotiation of acceptable terms; and the Company's ability to retain sufficient liquidity and deploy or reallocate the net proceeds in a manner consistent with its business objectives. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially, including the risks that required approvals may not be obtained on acceptable terms or at all; market conditions may change; the issuance of the securities may result in dilution; resale or transfer restrictions may apply; the Company may allocate a material portion of the net proceeds to acquisitions, strategic investments or other M&A opportunities; suitable opportunities may not be identified or completed on acceptable terms or at all; any completed transaction may not achieve its anticipated benefits and may expose the Company to additional business, financing, operational, regulatory, integration and market risks; the Company may be unable to recover all or part of an investment; the Company may change its use of proceeds as circumstances require; and the Company may be unable to advance, restart, develop or acquire projects as currently contemplated. Additional risks are described in the Company's annual information form dated June 10, 2026 and other continuous disclosure documents available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Any forward-looking statements in this news release are expressly qualified by this cautionary statement.

Although the Company believes that the expectations and assumptions reflected in its forward-looking statements are reasonable as of the date of this news release, no assurance can be given that they will prove to be correct. Readers should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of this news release, and the Company undertakes no obligation to update or revise them to reflect subsequent events or circumstances, except as required by applicable securities laws.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316111

Torrent Gold Inc. Announces Closing of $360,000 Private Placement Offering

Fri, 25 Sep 2026 16:05:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - Torrent Gold Inc. (CSE: TGLD) (FSE: RV00) ("Torrent" or the "Company") has closed its previously announced non-brokered private placement (the "Private Placement"), pursuant to which the Company issued 2,400,000 units of the Company (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $360,000.

Each Unit consists of one common share of the Company (each, a "Share") and one common share purchase warrant of the Company (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Share at any time for a period of twenty-four (24) months following the closing date of the Private Placement at a price of $0.20 per Share.

All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.

It is expected that the net proceeds from the Private Placement will be primarily used for general working capital purposes.

Saf Dhillon, President & Chief Executive Officer and director of the Company is a "related party" of the Company pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") and participated in the Private Placement. Accordingly, the Private Placement constitutes a "related party transaction" within the meaning of MI 61-101. Pursuant to the Private Placement, Saf Dhillon received an aggregate of 250,000 Units. The Company is relying on the exemptions from the formal valuation requirement under section 5.5(b) of MI 61-101 and the minority shareholder approval requirement under section 5.7(a) of MI 61-101, as the fair market value of the Units to be issued to the related party does not exceed 25% of the Company's market capitalization. The Company did not ﬁle a material change report in respect of the Private Placement on SEDAR+ less than 21 days prior to closing thereof due to the fact that the Company wished to close the Private Placement as soon as practicable to enable it to continue its business pursuits and reduce its liabilities.

About Torrent Gold Inc.

Torrent Gold is a mineral and natural resources exploration company that leverages its years of combined experience in capital markets and mining for acquisition and exploration during the resource commodity cycles.

ON BEHALF OF THE BOARD OF DIRECTORS

Saf Dhillon
President and Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

Saf Dhillon
Torrent Gold Inc.
Suite 250 750 West Pender St.
Vancouver, British Columbia V6C 2T7
Telephone: (604) 719-1796
Email: saf@imetalresources.ca

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316081

Golden Spike Announces Effective Date of Share Consolidation and Name Change to Gordon Mining Group Inc.

Fri, 25 Sep 2026 13:56:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2026) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ("Golden Spike" or the "Company") is pleased to announce that further to its news release on August 17, 2026, the Company will proceed to change its name to "Gordon Mining Group Inc." (the "Name Change") and consolidate the Company's issued and outstanding common shares (the "Shares") on the basis of one (1) post-consolidation Share for every five (5) pre-consolidation Shares (the "Consolidation").

The Shares are expected to begin trading on the Canadian Securities Exchange under the ticker symbol "GORD" at the opening of trading on September 30, 2026. The new CUSIP for the Shares is 38277A103 and the new ISIN is CA38277A1030.

Immediately prior to the Consolidation, the Company had 60,566,666 Shares issued and outstanding. Following completion of the Consolidation, the Company is expected to have approximately 12,113,333 Shares issued and outstanding, subject to adjustments for rounding. No fractional Shares will be issued in connection with the Consolidation. Any fractional interest resulting from the Consolidation will be rounded down to the nearest whole Share.

The exercise price of the Company's existing stock options under the Company's stock option plan, the number of Shares issuable thereunder, and the exercise price and number of Shares issuable under any outstanding warrants of the Company will be adjusted in accordance with the Consolidation. Following the Consolidation, approximately 1,055,000 Shares will be reserved for issuance upon the exercise of outstanding stock options and approximately 6,432,563 Shares will be reserved for issuance upon the exercise of outstanding warrants.

The Board of Directors believes that the Name Change and Consolidation will better align the Company's identity with its strategic objectives and provide greater flexibility to pursue future financing, business development and acquisition opportunities. The Board also believes that the Consolidation may broaden the Company's appeal to investors and support long-term shareholder value. Under the Company's Articles, the Name Change and Consolidation required only Board approval.

About Golden Spike

Golden Spike Resources Corp. (CSE: GLDS), (OTCQB: GSPRF), (FSE: L5Y) is a Canadian mineral exploration company focused on identifying, acquiring and unlocking value in mineral opportunities in Canada and other low-risk jurisdictions. The Company currently holds 100% interest in the 5,175-hectare Gregory River Property in Newfoundland, strategically centered over an approximate 11-kilometre-long stretch of the Gregory River VMS-belt, a north-northeast trending corridor of very prospective ground with potential to host Cyprus-type polymetallic VMS deposits. In addition, the Property hosts a cluster of historically explored, high-grade, copper ±gold-zinc vein structures and breccia hosted stockworks. Golden Spike Resources remains dedicated to sustainable exploration practices and continues to collaborate with local communities, consultants, and stakeholders as it progresses its exploration initiatives.

For further information, please contact: Ryan Connacher, Chief Executive Officer, Golden Spike Resources Corp. Tel: 647-987-7458, Email: rjconnacher@icloud.com.

Website: https://www.goldenspikeresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

Ryan Connacher

Golden Spike Resources Corp.
830 - 1100 Melville St.,
Vancouver, BC, V6E 4A6
647-987-7458
rjconnacher@icloud.com
www.goldenspikeresources.com

"Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in policies of the CSE) accepts responsibility for the adequacy or accuracy of this release."

Forward-Looking Statements

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information contained herein. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement or forward-looking information disclosed herein, except in accordance with applicable securities laws.

70015832.3

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316082