Talisker Signs Binding Terms for an Ore Purchase Agreement with Ocean Partners for up to 1,500 tpd

Core Viewpoint - Talisker Resources Ltd. has signed binding terms for an Ore Purchase Agreement with Ocean Partners UK Ltd, allowing for ore processing of up to 1,500 tonnes per day and a US$25 million revolving credit facility to support the Bralorne Gold Project [1][2]. Group 1: Agreements and Financial Support - The Ore Purchase Agreement with Ocean Partners will enable Talisker to increase milling capacity to 1,500 tpd, facilitating a ramp-up in production and revenue growth [2]. - The US$25 million revolving credit facility will be utilized for development and working capital related to the Bralorne Gold Project [1]. - The Agreements are set for a seven-year term and are renewable by mutual consent [1]. Group 2: Operational Plans - Talisker will continue processing material at Nicola Mining Inc.'s Merrit facility until the current agreement expires in May 2026 [3]. - The company anticipates entering into the Agreements before the end of January 2026, subject to customary conditions [3]. Group 3: Leadership and Communication - Terry Harbort, President and CEO of Talisker, will discuss the Ocean Partners agreements in a webinar on November 4, 2025 [4]. - The webinar will be available for live viewing and later replay on the Adelaide Capital YouTube Channel [5].