Company Announces Additional Warrant Issuance

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Financial Nachrichten

Warrant Issuance,Private Placement,Acceleration Clause

The Company is pleased to announce an additional issuance of warrants due to increased interest in its private placement. Each warrant allows the holder to purchase an additional common share at $0.15 for 60 months. The warrants include an acceleration clause that may trigger an earlier expiry date if the average closing price of common shares reaches $0.50 for five consecutive days. The net proceeds will be used to repay debt incurred during the acquisition of Goodsprings Exploration LLC and its Copper Chief Project, exploration in Nevada, and general working capital.

") is pleased to announce, due to increased interest in its ongoing private placement, that it will conducting an additional issuance of"). Each whole Warrant will entitle the holder to acquire an additional Common Share at an exercise price of $0.15 for a period of sixty months from the date of issuance. The Warrants will include an acceleration clause stating that if the daily volume-weighted average closing price of the Common Shares on the TSX Venture Exchange is at least $0.

The Company anticipates closing the Offering on or about December 20, 2024. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

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