v3.26.1
SUBSEQUENT EVENT
3 Months Ended
Mar. 31, 2026
SUBSEQUENT EVENT  
SUBSEQUENT EVENT

NOTE 20 SUBSEQUENT EVENT

Acquisition of Golden Lake Exploration Inc.

On April 30, 2026, the Company completed the acquisition of 100% of Golden Lake Exploration Inc.’s (“Golden Lake”) outstanding equity interests. Golden Lake is a mineral exploration company which has an option to purchase a 100% interest in the Jewel Ridge and Jewel Ridge West projects, which are located adjacent to the Company’s Windfall and Lookout Mountain properties.

Under the terms of the arrangement, each Golden Lake shareholder will receive 0.003876 common shares of the Company for each Golden Lake common share held. Management is currently finalizing its assessment of the accounting treatment of the transaction.