Core Viewpoint - Azimut Exploration Inc. has entered into a binding purchase and sale agreement to acquire the K2 Property from Dios Exploration Inc., enhancing its strategic position in the Eeyou Istchee James Bay region of Quebec, Canada [1][2]. Acquisition Details - Azimut will acquire 100% interest in 103 claims covering 54.3 km for a cash payment of C$120,000 and the issuance of 200,000 common shares [2]. - Dios will retain a 2.0% NSR royalty on the K2 claims, with an option to buy down 1.0% NSR for C$3,000,000 [2]. - The agreement is subject to approval by the TSX Venture [2]. Strategic Positioning - The acquisition consolidates Azimut's position along the Lower Eastmain Archean greenstone belt, where an initial gold resource has been defined on the Patwon Zone [3]. - The K2 block includes 25 gold and copper-gold-silver prospects and extends the Elmer Property by an additional 7 km of strike length [3]. - A scoping study is underway to reassess growth opportunities at Elmer, with several drill-ready targets identified nearby [3]. Elmer Property Overview - The Elmer Property now comprises 658 claims (346.6 km) over a 42.8-kilometre strike length, including the newly acquired K2 claims and 32 additional claims [4]. - The property is located 285 km north of Matagami, 60 km east of Eastmain, and 5 km west of the Billy-Diamond Highway, benefiting from excellent infrastructure [4]. Company Profile - Azimut is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [6]. - The Elmer Gold Project is at the resource stage with 311,200 oz Indicated and 513,900 oz Inferred at a gold price of US$1,800 per ounce [7]. - Significant exploration activities are planned for 2025 on other projects, including Wabamisk and Kukamas [7].

Company Overview - CleanTech Vanadium Mining Corp. has entered into a binding option to purchase agreement to acquire mineral rights for the Campbell Crotser Fluorspar Project, covering approximately 250 acres in Livingston County, Kentucky [1][7] - The company is focused on critical mineral resources in the USA, owning a 100% interest in the Gibellini Vanadium Mine Project in Nevada and an option for the Campbell Crotser Fluorspar Project [35] Project Details - The Campbell Crotser Fluorspar Project is located in the Illinois-Kentucky Fluorspar District, known for its historical fluorspar production, with commercial mining starting in the 1870s and approximately 3.5 million tons produced [2][4] - The project features a mineralization style consistent with a Magneto-Hydrothermal Mississippi Valley-Type system, with fluorspar-rich veins hosted in Mississippian-aged limestones [3][11] - A historic mineral resource estimate from 1974 reported 805,841 tons grading 37.10% CaF2, 3.23% Zn, and 0.99% Pb, although this data has not been validated by the company [4] Acquisition Terms - The total purchase price for the Campbell Crotser Fluorspar Project is US $2,000,000, with an initial payment of US $75,000 upon signing the option agreement and additional payments structured over time [7][9] - The company may exercise the option at any time by paying the purchase price less any amounts already paid under the agreement [7] Market Context - Fluorspar is a critical mineral used in various industries, including nuclear energy, lithium batteries, and semiconductors, with a significant increase in demand noted in recent years [5][20] - The global fluorspar market is currently dominated by China, which produced over 60% of the world's fluorspar in 2023, and has shifted from being a net exporter to a significant importer due to rising demand [18][19] - The price of US fluorspar has increased from approximately $300 per tonne in 2020 to over $450 per tonne in early 2025, indicating a growing market [19] Geological and Infrastructure Advantages - The project benefits from good infrastructure and nearby processing capacities, which are expected to expedite development [5][14] - The geological setting of the Campbell Crotser Project is favorable, with carbonate rocks and significant hydrothermal mineralization potential due to the presence of igneous activity in the region [11][15]

Core Viewpoint - Axcap Ventures Inc. has entered into a definitive Mineral Property Purchase Agreement to acquire a 100% interest in Carlyle Commodities Corp.'s Newton Gold Project located in British Columbia, Canada, which is expected to enhance Axcap's portfolio and provide Carlyle with ongoing exposure to the project's future success [2][10]. Summary by Relevant Sections Transaction Overview - The agreement was signed on May 23, 2025, and involves Axcap acquiring the Newton Gold Project, which consists of 62 claims over approximately 23,003 hectares [2][3]. - Carlyle holds a 100% interest in the mineral claims, subject to a 2% net smelter return royalty and an annual advance royalty payment of $25,000 [3]. Resource Details - The Newton Project has an inferred mineral resource of 842,900 ounces of gold (Au) and 4,506,100 ounces of silver (Ag), with an average grade of 0.64 g/t Au across 41,071,100 tonnes [4][6]. Financial Terms of the Agreement - Carlyle will receive a total consideration of $500,000 in cash, 500,000 common share purchase warrants, and 3,750,000 common shares of Axcap upon closing [7]. - An additional $1,250,000 in common shares will be issued 12 months after closing, based on a 20-day VWAP [7]. Milestone Payments - Axcap will make milestone payments contingent on achieving specific resource targets and completing feasibility studies, including up to 10,000,000 shares and $1,000,000 in cash for completing a Bankable Feasibility Study [8]. Share Restrictions - The shares issued to Carlyle will have voluntary resale restrictions, with 25% becoming tradable two months after closing, and similar restrictions apply to the secondary payment shares [8]. Finder's Fee - Axcap will issue 1,212,500 common shares as a finder's fee, with a portion issued at closing and the remainder upon issuance of secondary payment shares [9]. Management Statements - Carlyle's CEO expressed confidence in Axcap's ability to advance the Newton Project, highlighting its potential in a bullish gold market [10]. - Axcap's Co-Founder noted the significant untested upside of the Newton Project and its potential to create value [10]. Company Backgrounds - Axcap Ventures focuses on acquiring gold projects in North America, aiming for established resources with expansion potential [15]. - Carlyle Commodities is engaged in mineral exploration and development, owning multiple projects in British Columbia [16].