Core Viewpoint - Midland Exploration Inc. is advancing its gold and copper-gold exploration activities in Quebec for 2026, focusing on several projects in partnership with major companies, with a planned exploration budget exceeding $12 million [4][36]. Exploration Activities - Midland's exploration budget for 2026 is over $12 million, with $9.5 million from Midland and $2.5 million from partners, and nearly 15,000 meters of drilling planned [4]. - The company is collaborating with major partners such as BHP, Rio Tinto, Barrick Gold, and Agnico Eagle to advance multiple projects [4]. Project Highlights - **Jouvex Project**: Located 10 kilometers northwest of the Douay gold deposit, showing potential for volcanic massive sulfide-type mineralization based on historical drilling data and drone-supported magnetic surveys [6]. - **Casault Project**: In partnership with Wallbridge, this project has identified gold-in-till anomalies and new exploration targets along the Sunday Lake Deformation Zone, with a planned drilling campaign of 3,000 meters in 2026 [9][12]. - **La Peltrie Project**: A joint venture with Probe, this project has extended known Cu-Au-Ag-Mo mineralization and completed extensive soil sampling programs [13][14]. - **Caniapisc Au Project**: Located in the Ashuanipi Subprovince, this project confirmed historical gold anomalies and identified several mineralized boulders during exploration [22][23]. - **Lac Bernard and Viau Projects**: New projects identified based on regional studies, with lake bottom sediment sampling confirming several Cu and Au anomalies [25][26]. - **Willbob Project**: Acquired 100% interest in the Kan project, expanding exploration rights and identifying gold mineralization in altered iron formations [27][28]. - **Nachicapau Project**: A strategic alliance with SOQUEM has identified several Cu-Au-Ag mineralized zones, with ongoing exploration to determine the extent of mineralization [29][31]. - **Malaco Mountain Project**: This project has discovered Cu-Au-REE mineralization, with follow-up exploration planned for 2026 [32][33]. Strategic Partnerships - Midland emphasizes partnerships with reputable companies to enhance exploration efforts and generate shareholder value, indicating a preference for collaborative projects [36].

Core Viewpoint - Probe Gold Inc. has been acquired by Fresnillo plc through its wholly-owned affiliate, Fresnillo Quebec Acquisition Inc., for C$3.65 per share, with the acquisition approved by shareholders on January 13, 2026 [1]. Group 1: Acquisition Details - The acquisition was part of a plan of arrangement announced on October 31, 2025 [1]. - The completion of the acquisition will lead to the delisting of Probe's shares from the Toronto Stock Exchange on or about January 22, 2026 [2]. Group 2: Company Overview - Probe Gold Inc. owns the multimillion-ounce Novador Gold Project in Val-d'Or, Québec, and the early-stage Detour Gold Quebec project, covering approximately 1,798 square kilometers of exploration ground in prolific gold belts in Québec [3].

Core Viewpoint - LaFleur Minerals Inc. is at a strategic inflection point as it transitions from exploration to production, having secured $7.8 million in financing to restart operations at its Beacon Gold Mill, positioning the company for significant valuation re-ratings in a favorable gold market [2][3][27]. Funding and Financial Position - LaFleur recently completed an oversubscribed financing of C$7.8 million, which includes a C$4.7 million LIFE offering, C$2.2 million from a flow-through offering, and C$900,000 from a hard-dollar tranche, providing the necessary capital to advance production and development without immediate dilution [9][8]. - The company is poised to benefit from rising gold prices, with spot gold recently exceeding $4,600 per ounce and projections suggesting it could surpass $5,000 per ounce in 2026, enhancing margins and cash flows for producing companies like LaFleur [6][26]. Production Strategy - LaFleur's strategy involves utilizing its fully permitted Beacon Gold Mill to process mineralized material from its Swanson Gold Project, creating a vertically integrated, low-cost production model that mitigates risks associated with third-party processing [7][23]. - The Beacon Gold Mill, capable of processing over 750 tonnes per day, has undergone approximately C$20 million in upgrades and is valued at around C$71.5 million, significantly enhancing LaFleur's operational readiness and market position [19][20]. Exploration and Resource Development - The Swanson Gold Project, LaFleur's flagship asset, has an estimated resource of approximately 123,000 ounces of gold indicated and 64,500 ounces inferred, with potential for expansion towards a one-million-ounce resource [12][14]. - Active exploration efforts include a 7,500-meter diamond drilling program targeting high-grade zones and a twin-hole drilling program to validate historical results, which are crucial for the upcoming Preliminary Economic Assessment (PEA) [14][15][10]. Market Position and Industry Context - LaFleur operates in the Abitibi Greenstone Belt, a prolific gold-producing region, and is strategically positioned among established producers, benefiting from regional dynamics that favor companies with advanced projects and infrastructure [11][25]. - The company is expected to be a beneficiary of a near-term re-rating as it moves decisively toward production, supported by favorable market conditions and a strong operational framework [11][27].

Core Viewpoint - Midland Exploration Inc. has initiated a 1,600-meter diamond drilling program on its Jouvex gold property, aiming to explore new gold potential in an area previously overlooked [3][4]. Group 1: Drilling Program Details - The diamond drilling program is set to begin in January 2026, consisting of five drill holes targeting magnetic anomalies and induced polarization (IP) anomalies [5]. - Historical drill hole JOU-1-84 showed promising alteration patterns, indicating favorable conditions for gold mineralization [5]. - The main target for the drilling is a strongly positive magnetic anomaly associated with a chargeability zone, which may suggest the presence of disseminated sulphides [5]. Group 2: Exploration Background - Exploration activities on the Jouvex property resumed in 2024-2025, including drone-supported magnetic surveys and an IP survey totaling 30 line kilometers [4]. - The southern part of the Jouvex property has been identified as the main area for current exploration efforts, with geological modifications indicating potential for VMS mineralization [6]. - The magnetic surveys suggest that major structures in the southern part of the project could be favorable sites for syenitic intrusions, similar to those found in the Douay area [6]. Group 3: Company Overview - Midland Exploration targets the mineral potential of Quebec, focusing on discovering new world-class deposits of gold and critical metals [7]. - The company collaborates with reputable partners, including Rio Tinto Exploration Canada Inc. and BHP Canada Inc., to enhance its exploration efforts [7]. - Midland is actively reviewing additional opportunities to expand its portfolio and generate shareholder value [9].

Core Viewpoint - Probe Gold Inc. has received shareholder approval for a plan of arrangement involving the acquisition of all outstanding shares at a cash consideration of $3.65 per share [1]. Voting Results - Total shares voted at the meeting amounted to 140,801,231, with 124,785,713 shares (88.63%) voting in favor of the arrangement resolution [3]. - Among minority shares, 133,909,592 were voted, with 117,894,074 shares (88.04%) supporting the arrangement resolution [4]. Next Steps - The company plans to return to the Ontario Superior Court of Justice on January 19, 2026, to seek final court approval for the arrangement, with completion expected around January 21, 2026, subject to customary closing conditions [5]. Company Overview - Probe Gold Inc. is a Canadian gold exploration company focused on acquiring, exploring, and developing gold properties, including its flagship Novador Gold Project in Québec, which contains multimillion-ounce resources [6].

Core Viewpoint - Probe Gold Inc. has received recommendations from two independent proxy advisory firms, ISS and Glass Lewis, to vote in favor of a special resolution for a statutory plan of arrangement with Fresnillo, which involves acquiring all outstanding common shares of Probe for C$3.65 per share, totaling approximately C$780 million [1][4]. Summary by Sections Transaction Details - The cash consideration of C$3.65 per share represents a 39% premium over the closing price on October 30, 2025, and a 26% premium based on the volume-weighted average price over the 20 trading days ending on the same date [2]. - The transaction is expected to close in Q1 2026, subject to the satisfaction of all conditions outlined in the arrangement agreement, including shareholder approval [3]. Recommendations from Advisory Firms - ISS stated that the arrangement is strategically sound, providing immediate value and certainty to shareholders, with a positive market reaction and credible valuation [4]. - Glass Lewis concluded that the transaction offers reasonable financial terms that are fair and favorable for shareholders, representing an attractive opportunity for realizing fair value and liquidity [4]. Board of Directors' Position - The Board of Directors unanimously recommends that shareholders vote in favor of the Arrangement Resolution, determining that the transaction is in the best interests of the Company and fair to shareholders [5]. Shareholder Meeting Information - A special meeting for shareholders to vote on the Arrangement Resolution is scheduled for January 13, 2026, at 11:00 a.m. in Toronto [6]. - Shareholders of record as of November 27, 2025, are entitled to vote, with a proxy voting deadline set for January 9, 2026 [7]. Voting Support Agreements - Directors and officers of Probe, along with Eldorado Gold Corporation, holding approximately 12% of the shares, have entered into voting support agreements to vote in favor of the transaction [8].

Core Viewpoint - Probe Gold Inc. is set to undergo a significant transaction where Fresnillo plc will acquire all outstanding common shares of Probe for C$3.65 per share, totaling approximately C$780 million, with independent proxy advisory firms recommending shareholders vote in favor of the arrangement [1][2][4]. Transaction Details - The cash consideration of C$3.65 per share represents a 39% premium over the closing price on October 30, 2025, and a 26% premium based on the volume-weighted average price over the preceding 20 trading days [2]. - The transaction is expected to close in Q1 2026, pending the approval of the Arrangement Resolution and other conditions outlined in the arrangement agreement [3]. Advisory Recommendations - Institutional Shareholder Services Inc. (ISS) stated that the arrangement is strategically sound, providing immediate value and certainty to shareholders, with a positive market reaction [4]. - Glass Lewis concluded that the transaction offers reasonable financial terms, representing an attractive opportunity for shareholders to realize fair value and full liquidity [4]. Board of Directors' Position - The Board of Directors unanimously recommends that shareholders vote in favor of the Arrangement Resolution, deeming the transaction to be in the best interests of the Company [5]. Shareholder Meeting Information - A special meeting for shareholders to vote on the Arrangement Resolution is scheduled for January 13, 2026, at 11:00 a.m. Toronto time [6]. - Shareholders must vote by proxy by 11:00 a.m. on January 9, 2026, to participate in the meeting [7]. Voting Support Agreements - Directors and officers of Probe, along with Eldorado Gold Corporation, holding approximately 12% of the shares, have entered into voting support agreements to vote in favor of the transaction [8]. Company Overview - Probe Gold Inc. is a Canadian gold exploration company focused on acquiring and developing high-quality gold properties, including the multimillion-ounce Novador Gold Project in Québec [10].

Group 1 - The company has prepaid its obligations under the 8% unsecured convertible debentures, paying a total of $2,106,250 plus accrued interest, settling debentures with a principal amount of $1,685,000 [1][2] - Following the redemption, the outstanding amount of the debentures is now $265,000, significantly reducing potential dilution from future conversions to equity and lowering the company's annual interest expense [2] - The company will incur a one-time cash charge of $421,250 on its statement of earnings during the current period due to this redemption [2] Group 2 - Elysee Development Corp. reported that Probe Gold Inc., one of its top ten investments, has received a takeover offer from Fresnillo Plc at a 39% premium compared to its closing stock price prior to the offer [3] - Another investment, Solgold Plc, has agreed to be acquired by Jiangxi Copper for $1.12 billion, which is approximately four times the average price paid by Elysee [3] Group 3 - The company has granted 250,000 incentive stock options to its directors and officers, exercisable at $0.50 per share for five years, with immediate vesting [4]

Core Viewpoint - Probe Gold Inc. has announced a plan of arrangement to be approved by shareholders, involving the acquisition of all outstanding common shares for cash consideration of $3.65 per share, representing a significant premium to market prices [1][7]. Meeting Details - The special meeting for shareholders is scheduled for January 13, 2026, at 11:00 a.m. in Toronto, with only shareholders of record as of November 27, 2025, eligible to vote [2]. - Shareholders will be asked to pass a special resolution approving the arrangement [2]. Court Approval - The Ontario Superior Court of Justice has issued an interim order authorizing the calling and holding of the meeting related to the arrangement [3]. Board Recommendation - The board of directors has unanimously determined that the arrangement is in the best interests of the company and recommends shareholders vote in favor of the arrangement resolution [4][6]. Benefits of the Arrangement - The all-cash consideration provides certainty of value and immediate liquidity, allowing shareholders to realize an attractive premium while mitigating risks associated with owning shares in a publicly-traded company [7]. - The cash consideration represents a premium of approximately 39% to the closing share price on October 30, 2025, and 26% to the 20-day volume weighted average share price [7]. - Support from the largest shareholder, Eldorado Gold Corporation, and other directors and officers, who collectively hold about 12% of the outstanding shares, is secured [7]. - The parent company has demonstrated commitment and creditworthiness, ensuring the purchaser's ability to complete the transaction [7]. - Fairness opinions from Canaccord Genuity Corp. and CIBC World Markets Inc. confirm that the consideration is fair from a financial perspective [8]. - The arrangement follows an extensive strategic review process involving thirty parties, leading to the conclusion that this is the best option for shareholders [8]. Voting Information - Shareholders are encouraged to read the management information circular in its entirety and vote as soon as possible, with the proxy voting deadline set for January 9, 2026 [9][10].

Core Points - Midland Exploration Inc. has completed a non-brokered private placement, issuing a total of 4,972,876 flow-through shares at $0.56 each and 550,000 common shares at $0.46 each, raising total gross proceeds of $3,037,811 [1][2] - Centerra Gold Inc. has exercised its right to maintain approximately 9.9% ownership by acquiring 550,000 shares as part of the private placement [2] - Insiders participated in the private placement, acquiring 443,500 flow-through shares for total gross proceeds of $348,360, which is classified as a related party transaction [3] - Following the private placement, Midland has 112,973,453 common shares issued and outstanding, and the transaction is subject to final acceptance by the TSX Venture Exchange [4] Financial Details - The total gross proceeds from the private placement amount to $3,037,811, with $348,360 raised from insider participation [1][3] - Finder's fees totaling $116,485 were paid to third parties in connection with the private placement [4] Company Strategy - Midland plans to use the proceeds from the private placement to fund exploration activities on its properties in Quebec and for general corporate purposes [2] - The company is focused on discovering new world-class deposits of gold and critical metals in Quebec and aims to build its portfolio through partnerships and additional agreements [5]