Core Viewpoint - South Pacific Metals Corp. has appointed Mr. Timo Jauristo as a Strategic Advisor, bringing over 40 years of mining industry experience to the company, which is crucial as it enters a significant exploration phase [1][2][3] Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four key projects [4][6] - The company is strategically located near major producers such as K92 Mining and PanAust, enhancing its exploration potential [7] Leadership and Experience - Mr. Timo Jauristo has a notable background, having served as Executive Vice President of Corporate Development at Goldcorp Inc. and held senior roles at Placer Dome and other major mining companies [2] - His extensive experience in global exploration and project development is expected to benefit South Pacific Metals as it advances its projects [2][3] Strategic Initiatives - The company is focusing on its Osena and Anga Gold-Copper Projects, which are located in the Kainantu Gold District, known for high-grade mineralization [3][7] - Mr. Jauristo's involvement is seen as a key factor in unlocking the potential of these assets [3] Share Options - Mr. Jauristo has been granted 500,000 share options at a price of C$0.50 per share, exercisable for five years, with a vesting schedule over three years [3]

Core Points - U.S. Gold Corp. has been included in the Russell 3000 and Russell 2000 indexes, effective June 30, 2025, following the annual reconstitution of the Russell indexes [1][2] - The Russell 3000 comprises the largest 3,000 U.S. public companies by market capitalization, while the Russell 2000 focuses on small-cap companies [3] - The inclusion in these indexes is seen as a validation of the company's growth momentum and commitment to developing the CK Gold Project in Wyoming [4] Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development, with a portfolio that includes the CK Gold Project in Wyoming, the Keystone property in Nevada, and the Challis Gold Project in Idaho [6] - The CK Gold Project has a Preliminary Feasibility Study technical report completed by Samuel Engineering Inc. [6] Industry Context - The Russell indexes are widely utilized by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024 [4]

Core Viewpoint - U.S. Gold Corp. has successfully exercised a significant number of warrants, resulting in a substantial cash inflow to support its ongoing projects and reduce the number of outstanding warrants, thereby limiting potential dilution for shareholders [2][3]. Group 1: Warrant Exercises - As of January 31, 2025, U.S. Gold Corp. had 4,788,112 warrants outstanding, and since then, 1,864,668 warrants have been exercised, generating approximately $7.3 million in gross proceeds [2]. - The recent exercises represent a 39% reduction in the number of outstanding warrants, leaving a balance of 2,923,444 warrants [2]. Group 2: Financial Implications - The cash received from the warrant exercises provides the company with additional flexibility to complete a Feasibility Study, develop a project execution plan, advance financing discussions, and fund project infrastructure [3]. - The reduction in outstanding warrants helps to limit the overhang of dilutive securities, which is beneficial for existing shareholders [3]. Group 3: Project Development - U.S. Gold Corp. is focused on advancing its flagship asset, the CK Gold Project in Southeast Wyoming, and is also monitoring its exploration projects at the Keystone property in Nevada and the Challis Gold Project in Idaho [3][4]. - The additional cash infusion from the warrant exercises may be allocated to further advance these exploration projects [3].