Pasinex Provides Corporate Update: Completion of Sarıkaya Acquisition, AGM, New Board Member and Financing

Core Points - Pasinex Resources Limited has announced significant corporate developments, including the acquisition of the Sarıkaya zinc project, a change in financial year-end, updates on board nominations, progress on private placement financing, and the granting of stock options [1] Acquisition of Sarıkaya Zinc Project - The acquisition of the Sarıkaya zinc project in Türkiye has been completed, with Pasinex Arama now holding all outstanding shares of Aydın Teknik. The project features 30%-50% high-grade, carbonate-hosted zinc mineralization and is located near the Pinargozu mine [2] - The acquisition consolidates Pasinex's operations in Türkiye, as it now controls 100% of both the Pinargozu and Sarıkaya projects [2] Change in Financial Year-End - The company has changed its financial year-end from December 31 to March 31 to align its reporting cycle with industry peers. A transitional report will cover a fifteen-month period from January 1, 2025, to March 31, 2026 [3] Board Nomination and AGM - Dr. Mehmet Kömürcü has been nominated for election to the Board at the upcoming Annual General Meeting (AGM). He brings extensive experience in corporate governance and mining [4] - The AGM is scheduled for November 21, 2025, with a record date for voting set as October 17, 2025 [5] Private Placement Financing Update - The company has received strong investor support for its private placement financing, with over CAD $1.2 million in subscriptions out of a CAD $2.15 million offering. The financing is expected to close soon [6] Grant of Stock Options - Pasinex has granted 2,500,000 stock options to directors, officers, and key employees, which vest immediately and are exercisable at $0.075 per share [7] Management Comment - The Executive Chairman highlighted the transformative nature of recent developments, emphasizing the strategic control over two zinc projects and the positive outlook for growth and exploration [9]