Toronto – December 17, 2025 – TheNewswire - Cadillac Ventures Inc. (TSX.V: CDC.H)(“Cadillac” or the “Company”) is pleased to announce that further to its news release dated October 8, 2025, the Company has sold the initial 29.58% interest in the Burnt Hill Tungsten Project located in New Brunswick, Canada (the “Property”).   Pursuant to the previously announced option agreement dated October 3, 2025 (the “Option Agreement”) with Nexcel Metals Corp. (the “Optionee”) and Wyloo Ring of Fire Ltd., which owns ...

Core Points - Cadillac Ventures Inc. has entered into an option agreement with Nexcel Metals Corp. and Wyloo Ring of Fire Ltd. for a potential 58% interest in the Burnt Hill Tungsten Project located in New Brunswick, Canada [1][4] Agreement Terms - The Optionee can acquire the 58% interest in four stages, starting with a payment of $170,000 in cash and issuing $330,000 in common shares [2] - The first option allows the Optionee to earn up to 29.6% interest, followed by additional payments and share issuances to reach 38.3%, 46.4%, and finally 58% [2] - All common shares issued will be subject to statutory hold periods and voluntary resale restrictions over a 36-month period [3] Joint Venture Formation - Upon earning a 51% interest, a joint venture will be established among the Optionee, Cadillac, and the Minority Owner, with the latter's 42% interest remaining unaffected unless a future acquisition is agreed upon [4]