Canary Gold Issues Shares Pursuant to Agreement to Acquire Property at Madeira River, Rondonia, Brazil

Core Viewpoint - Canary Gold Corp. has completed the final payment of CAD$450,000 by issuing 1,500,000 common shares at CAD$0.30 per share as part of its acquisition agreement with Talisman Venture Partners Ltd. for mineral tenements in Brazil [1][2]. Group 1: Acquisition Details - The company acquired a 100% interest in ten mineral tenements totaling approximately 94,700 hectares in Rondônia, Brazil, for a total consideration of CAD$1,700,000, which was satisfied through cash and share payments [2][5]. - Talisman retains a 1.0% Net Smelter Return (NSR) royalty on all commercial mineral production from the property, with the option for Canary Gold to purchase half of this royalty (reducing it to 0.5%) for CAD$1,000,000 [2][6]. Group 2: Share Issuance and Hold Period - The shares issued as part of the final payment are subject to a four-month hold period, expiring on June 26, 2026 [3]. Group 3: Company Overview - Canary Gold Corp. is a Canadian public exploration company focused on acquiring and advancing gold projects in Brazil, including an option to earn up to a 70% interest in the Rio Madeira Project through staged exploration expenditures and milestone payments [4].