Core Viewpoint - Aegis Resources Ltd. has signed two option agreements with Targa Exploration Corp. to earn up to an 80% interest in the El Zanjon and Venidero gold-silver projects in Argentina, strategically positioning the company for potential exploration upside while retaining a 20% interest in each project upon completion of feasibility studies [1][2][4]. Option Agreements - The option agreements were signed on November 7, 2025, allowing Targa to earn an 80% interest in both projects by funding all exploration costs to complete feasibility studies for a resource of over 2 million ounces of gold equivalent [5][7]. - Aegis will retain a minimum 20% interest in each project, similar to its previous agreement with Andina Copper Corporation regarding the Cobrasco project [2][7]. Financial Commitments - For the El Zanjon project, Targa must make cash and share payments totaling $512,500 and drill 23,000 meters over a 12-year period, with additional cash payments if the feasibility study is not completed by specified anniversaries [8][9]. - Similar financial commitments apply to the Venidero project, with the same total payments and drilling requirements [12][13]. Project Locations and Potential - The El Zanjon project covers 34,521 hectares and is located 30 km south of AngloGold Ashanti's Cerro Vanguardia mine, which produces 175,000 ounces of gold equivalent annually [17]. - The Venidero project spans 7,996 hectares and is situated 60 km south of Newmont's Cerro Negro mine, with surface samples returning up to 4.45 g/t Au [18][19]. Existing Royalties - The Venidero project has an existing 0.5% NSR that can be repurchased for $1,000,000, while the El Zanjon project has a 2% NSR, half of which can be repurchased for $1,000,000 [16]. Company Strategy - Aegis aims to build value through strategic partnerships and carried interests, minimizing dilution while maximizing shareholder value [4][25].

Core Viewpoint - Pampa Metals Corporation has successfully acquired Rugby Resources Ltd, enhancing its portfolio with significant copper exploration projects in South America, particularly the Cobrasco and Mantau projects [1][14]. Acquisition Details - The acquisition involved the issuance of 65,165,185 common shares of Pampa Metals to former Rugby shareholders at a ratio of one Pampa Share for every 6.4 Rugby Shares [1]. - Following the acquisition, former Rugby shareholders will hold approximately 30.86% of the issued and outstanding Pampa Shares [6]. Leadership Changes - Bryce Roxburgh, the outgoing President and CEO of Rugby, has been appointed to the board of directors of Pampa Metals while continuing as a director of Rugby [2]. Strategic Expansion - Pampa Metals aims to rapidly explore and advance its flagship Piuquenes copper-gold porphyry project in Argentina, recommence drilling at Rugby's Cobrasco copper-molybdenum discovery in Colombia, and assess the Mantau copper-gold prospect in Chile [7]. - The acquisition is expected to create substantial shareholder value by leveraging the high-grade Piuquenes project and the exploration potential of Cobrasco [5]. New Exploration Company - As part of the Arrangement, Rugby shareholders received shares in a new exploration company, Aegis Resources Ltd, which holds various assets including a 20% joint venture interest in the Cobrasco Project and other gold-silver projects [11]. Company Background - Pampa Metals is focused on copper-gold exploration in the Andean porphyry belts of Argentina and Colombia, with ongoing drilling activities at the Piuquenes project [13][14].

Core Viewpoint - Rugby Resources Ltd. and Pampa Metals Corp. have announced the results of a special meeting where shareholders approved a statutory plan of arrangement and a stock option plan for SpinCo, paving the way for a significant corporate restructuring and potential growth opportunities in the mining sector [1][2][3]. Group 1: Shareholder Meeting Results - At the special meeting, 55.39% of Rugby's outstanding common shares were represented, with 99.97% of votes cast in favor of the Arrangement Resolution and the SpinCo Option Plan Resolution [3]. - The completion of the arrangement is subject to court approval and customary closing conditions, with a hearing scheduled for July 22, 2025, and expected closure around July 24, 2025 [4]. Group 2: Company Profiles - Rugby Resources is focused on exploration in Colombia, Argentina, and Chile, particularly the Cobrasco Project, which aims to demonstrate the economic potential of copper discoveries essential for the transition to electrification [5]. - Pampa Metals is a copper-gold exploration company that has entered into agreements to acquire significant interests in mining projects, including an 80% stake in the Piuquenes Copper-Gold Porphyry Project and 100% of Rugby Resources, which will provide an 80% interest in the Cobrasco Project upon closing [7].

Vancouver, B.C., July 17, 2025 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (“Rugby”) (TSXV:RUG) and Pampa Metals Corp. (“Pampa”) (CSE:PM / FSE:FIR / OTCQX®:PMMCF) are pleased to announce the voting results for the special meeting of shareholders (the "Rugby Shareholders") of Rugby held on July 16, 2025 in Vancouver, British Columbia (the "Special Meeting"). At the Special Meeting, the Rugby Shareholders considered a special resolution (the "Arrangement Resolution") approving the previously announced statutory ...

Core Points - Rugby Resources Ltd. and Pampa Metals Corp. announced the voting results from the special meeting of Rugby shareholders held on July 16, 2025, in Vancouver, British Columbia [1][2] - The shareholders approved a statutory plan of arrangement with Pampa and Aegis Resources Ltd., along with a stock option plan for SpinCo [2][3] - A total of 55.39% of Rugby's outstanding common shares were represented at the meeting, with 99.97% voting in favor of the resolutions [3] Arrangement Details - The completion of the arrangement is subject to court approval and customary closing conditions, with a hearing scheduled for July 22, 2025 [4] - If conditions are met, the arrangement is expected to close around July 24, 2025 [4] Company Profiles - Rugby Resources is focused on exploration in Colombia, Argentina, and Chile, particularly the Cobrasco Project, which targets copper, gold, and silver [6] - Pampa Metals is a copper-gold exploration company that recently entered into an agreement to acquire 100% of Rugby Resources, which will give it an 80% interest in the Cobrasco Project [7]

Core Points - Pampa Metals Corp. has issued 38,250,000 shares at $0.16 per share, raising gross proceeds of $6,120,000 under the LIFE Offering [1][2] - The net proceeds will be used for exploration drilling at the Cobrasco copper porphyry discovery in Colombia, preparatory work for the Piuquenes copper-gold discovery in Argentina, and general corporate purposes [2] - The acquisition of Rugby Resources Ltd. is expected to be completed shortly after the special meeting of Rugby shareholders on July 16, 2025 [3] Financial Details - The company paid aggregate finder's fees of $179,950 and issued 1,388,756 finder's warrants and 264,063 finder's shares in connection with the Private Placement [4] - Canaccord Genuity Corp. served as the financial advisor and will receive an advisory fee of $61,200, which is 1% of the total gross proceeds raised [4] Company Background - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [6] - The company has entered into an Option and Joint Venture Agreement for an 80% interest in the Piuquenes Copper-Gold Porphyry Project in Argentina and an agreement to acquire 100% of Rugby Resources Ltd., which will give it an 80% interest in the Cobrasco Project in Colombia [6]

Core Viewpoint - Rugby Resources Ltd. is moving forward with a Special Meeting for shareholders to vote on a Statutory Plan of Arrangement involving the acquisition by Pampa Metals Corp. [1][2][6] Group 1: Arrangement Details - The Arrangement involves Rugby shareholders receiving one common share of Pampa Metals for every 6.4 Rugby Shares held, along with one Aegis Share for every 10 Rugby Shares held [2] - Aegis Resources Ltd. will hold a 20% free-carried interest in the Cobrasco project in Colombia, along with interests in other mineral projects in Chile and Australia [4] - The Arrangement requires at least two-thirds (66⅔%) approval from the votes cast by Rugby shareholders present at the Meeting [3] Group 2: Management and Recommendations - The board of directors of Rugby unanimously recommends that shareholders vote in favor of the Arrangement Resolution, deeming it fair and in the best interest of Rugby [6] - Yale Simpson, Rugby's Chairman, expressed confidence that the management of Pampa Metals will quickly evaluate the Cobrasco project post-Arrangement [8] Group 3: Regulatory and Legal Aspects - Rugby has received conditional acceptance from the TSX Venture Exchange for the Arrangement and an interim order from the Supreme Court of British Columbia [7] - A final court hearing for the Arrangement is scheduled for July 22, 2025 [7] Group 4: Financial Aspects - Pampa Metals announced a non-brokered private placement LIFE Offering for gross proceeds of $6 million through the issuance of 37.5 million common shares at a price of $0.16 [8]

Core Viewpoint - Pampa Metals Corp. has increased its non-brokered private placement offering to 37,500,000 shares at a price of $0.16 per share, aiming to raise gross proceeds of $6,000,000 to fund exploration and general corporate purposes [1][4]. Group 1: Offering Details - The offering has been upsized to meet demand from specialist resources funds and is being conducted under the Listed Issuer Financing Exemption in Canada, excluding Quebec [2]. - An amended offering document will be available on SEDAR+ and the company's website for prospective investors to review before making investment decisions [3]. - The offering is not contingent upon the completion of the acquisition of Rugby Resources Ltd. and is subject to customary conditions for such transactions [7]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to exploration drilling at the Cobrasco copper porphyry discovery in Colombia, preparatory work for the Piuquenes copper-gold discovery in Argentina, and general corporate purposes [4]. Group 3: Acquisition of Rugby Resources Ltd. - The acquisition of Rugby Resources Ltd. is expected to be completed shortly after a special meeting of Rugby shareholders on July 16, 2025, to approve the acquisition plan [5]. Group 4: Financial Advisory and Fees - Canaccord Genuity Corp. has been appointed as the financial advisor for the offering and will receive a fee of 1% of the total gross proceeds raised [6]. - The company may also pay finder's fees of up to 5% in cash and 5% in finder's warrants, with warrants having an exercise price of $0.30 and a 2-year term [6]. Group 5: Company Overview - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges, with significant interests in projects in Argentina and Colombia [9].

Core Viewpoint - Pampa Metals Corp. is initiating a non-brokered private placement aiming to raise between $4 million and $5 million through the issuance of shares priced at $0.16 each, with Canaccord Genuity Corp. serving as the financial advisor for this offering [1][6]. Group 1: Offering Details - The private placement will consist of up to 31,250,000 shares offered under the Listed Issuer Financing Exemption, applicable in all Canadian provinces except Quebec [2]. - The offering is scheduled to close around June 27, 2025, and is subject to customary conditions for such transactions [4]. - The shares will not be subject to a Canadian hold period as per applicable securities laws [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund exploration at the Piuquenes Project and the Cobrasco Project, as well as for working capital and general corporate purposes [4]. Group 3: Financial Advisor and Fees - Canaccord Genuity Corp. will receive an advisory fee of 1% of the total gross proceeds raised from the offering [6]. - The company may also pay finder's fees of up to 5% in cash and 5% in finder's warrants, with warrants having an exercise price of $0.30 and a term of 2 years [6]. Group 4: Company Background - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [7]. - The company has entered into an agreement to acquire an 80% interest in the Piuquenes Copper-Gold Porphyry Project in Argentina and plans to acquire 100% of Rugby Resources Ltd., which will provide an 80% interest in the Cobrasco Project in Colombia [7].

Group 1: Pampa Metals Private Placement - Pampa Metals has closed a Private Placement, raising a total of $3,000,000 by issuing 18,750,000 Units at a price of $0.16 per Unit [2][3] - Each Unit consists of one common share and a half purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.30 for three years [2] - To date, Pampa Metals has issued 12,262,500 Units for gross proceeds of $1,962,000 and paid finder's fees of $30,240 [3] Group 2: Rugby Resources Private Placement - Rugby Resources is issuing 100,000,000 Units at a price of $0.025 per Unit, raising total gross proceeds of $2,500,000 [6] - Proceeds will be used to settle a $1 million loan, cover estimated transaction costs of $500,000 related to the acquisition by Pampa Metals, and for working capital [7] - Rugby paid finder's fees of $45,300 in connection with the Private Placement [8] Group 3: Acquisition Details - Pampa Metals is advancing a Definitive Agreement to acquire all outstanding common shares of Rugby, with a share exchange ratio of 1 Pampa share for every 6.4 Rugby shares [10][11] - Approximately 65,097,403 shares of Pampa Metals will be issued in exchange for all outstanding Rugby shares based on current share counts [11] Group 4: Related Party Transactions - Pampa Metals' President & CEO participated in the Private Placement with a $100,000 investment, classified as a related party transaction [4] - Rugby's insiders participated in the Private Placement for a total of 280,000 Units, also considered a related party transaction [9]