Core Points - Seahawk Ventures Inc. has entered into a letter of intent to acquire a U.S. subsidiary of Redline Minerals Inc., which holds interests in four gold and zinc exploration properties in Arizona and New Mexico, marking a significant step towards reactivating Seahawk as an exploration issuer [1][4][6] Transaction Summary - The proposed transaction involves Seahawk issuing 15,500,000 common shares at a deemed price of $0.40 per share as consideration for the securities of the U.S. subsidiary [4] - The shares will be subject to resale restrictions and a three-year escrow period, with specific release conditions [4] - Redline will have the right to appoint two individuals to Seahawk's board upon achieving certain milestones [4][6] Conditions and Approvals - The transaction is classified as a "Fundamental Change," requiring shareholder approval through written consent or a meeting [6] - A definitive agreement is expected to be executed by December 26, 2025, with the final structure subject to various considerations [5][9] Financing Details - Seahawk plans to raise up to $2,000,000 through a non-brokered financing, selling up to 5,000,000 units at $0.40 per unit [11] - Each unit will consist of one common share and one half of a share purchase warrant, with the warrant allowing the purchase of an additional share at $0.80 for one year [12] Properties Overview - The U.S. subsidiary holds four mineral properties: - MCNARY Property (gold exploration, Arizona) - BOSTON-ARIZONA Property (zinc-polymetallic exploration, Arizona) - LONEPINE Property (gold-tellurium exploration, New Mexico) - WINSTON Property (gold-silver exploration, New Mexico) [16] Management and Board Structure - Current directors and management of Seahawk are expected to remain post-transaction, with Redline selecting two additional board nominees [15]

Core Viewpoint - Sorrento Resources Ltd. has entered into a purchase agreement with Naughty Ventures Corp. for the acquisition of the Lord Baron property, allowing Sorrento to focus on its other projects [1][2]. Group 1: Purchase Agreement Details - Naughty Ventures will acquire a 100% undivided interest in the Lord Baron Property in exchange for issuing 1,000,000 common shares at a deemed price of $0.18 per share, subject to a 2% net smelter returns royalty [3]. - The acquisition is expected to close in the coming weeks, pending necessary consents and approvals, including from the Canadian Securities Exchange [4]. Group 2: Company Focus and Strategy - Sorrento Resources aims to concentrate on the Bottom Brook Rare Earth Element Project and the Rodgers Cove Gold Project, leading to the decision to monetize the Lord Baron Project [2]. - Naughty Ventures is focused on acquiring and developing mineral assets with strong value potential, and it has a significant equity position in Mammoth Minerals Limited and interests in other mineral projects [6][7].

Core Points - First American Uranium Inc. has successfully closed the third tranche of its non-brokered private placement, issuing 4,761,792 shares at $0.30 per share, resulting in gross proceeds of $1,428,537.60, bringing the total raised under the offering to $2,403,537.70, exceeding the initial target [1][2] Group 1 - The third tranche involved the payment of finder's fees totaling $69,925.63 in cash and 233,085 common share purchase warrants, each exercisable at $0.30 for 24 months [2] - All securities from the first tranche are subject to a statutory hold period of four months plus a day, ending on February 2, 2026, in compliance with Canadian securities legislation [3] - The net proceeds from the offering will be allocated for exploration work programs, mineral property acquisitions, marketing, and general working capital [3] Group 2 - First American Uranium Inc. focuses on mineral exploration and acquisition of mineral property assets in North America, aiming to develop economic precious and base metal properties, particularly on the Silver Lake property located in British Columbia [5]

Core Points - Lexston Mining Corporation has issued 75,000 common shares to acquire the remaining 49% interest in the Dory Property as per the Dory Property Option Agreement [1][2] - The company has made a cash payment of $10,000 and is required to incur $100,000 in exploration expenditures by October 19, 2025 to complete the acquisition [2] - The Dory Property spans 1,348 hectares and is located 25 km west of Port Alberni, British Columbia, with potential resources including copper, gold, and zinc [3] Financial Details - The total number of common shares issued and outstanding by the company is now 14,793,304 [3] - The newly issued shares are subject to a statutory hold period of four months and one day, expiring on December 8, 2025 [3]