Bathurst Metals Announces Merry May Claim Option

Core Viewpoint - Bathurst Metals Corp. has entered into an agreement to acquire a 100% interest in the Merry May Project, a mineral claim in British Columbia, which is expected to enhance its gold exploration portfolio [1][3]. Acquisition Details - The acquisition involves an Assignment and Assumption Agreement dated September 4, 2025, for a mineral claim of 81.6 hectares near Gold Bridge, B.C. [1] - As part of the agreement, Bathurst will issue 2,200,000 common shares to the vendor, pending approval from the TSX Venture Exchange [1]. - The Company will reimburse the vendor $1,000 upon receiving TSXV approval and must incur at least $50,000 in expenditures on the claim within 24 months to exercise the option [2]. Financial Terms - The claim will be subject to a net smelter royalty of 1.0% in favor of the underlying optionor, which Bathurst can purchase for $1,000,000 after the commencement of commercial production [2]. Strategic Importance - The CEO of Bathurst highlighted that the Merry May Project is located in a highly prospective area for gold mineralization, which allows for year-round development activities [3]. Additional Information - The Company also reported the payment of finders' fees amounting to $7,175 related to a recent private placement [4]. - Lorne Warner, a qualified person, has reviewed and approved the scientific and technical disclosures in the news release [5].