Core Viewpoint - Three Valley Copper Corp. has extended the maturity date of its secured convertible promissory note to July 24, 2026, allowing for continued financial support to Selma House LLC [1][3]. Group 1: Loan Details - The company provided a loan of up to USD 1,000,000 to Selma, which was initially due on July 24, 2024, and later extended to July 24, 2025 [2]. - As of now, Selma has drawn down a total of USD 800,000 against the promissory note [4]. Group 2: Terms of the Promissory Note - The promissory note carries an interest rate of 10% per annum, calculated monthly, and is secured against all assets of Selma, primarily consisting of real estate assets and receivables [3]. - The company has the right to convert the outstanding principal amount into a 47.2% ownership interest in Selma at any time [3]. Group 3: Regulatory Considerations - The transaction is classified as an Arm's Length Transaction, with no non-arm's length parties having any interest in Selma [5].

Core Viewpoint - Three Valley Copper Corp. has agreed to forbear from exercising its rights under a secured convertible promissory note from Selma House LLC for 30 days, intending to extend the loan's maturity to July 24, 2026, pending regulatory approval for a business change [1][2][3]. Group 1: Loan Details - The Company provided a loan of up to USD $1,000,000 to Selma House LLC, which specializes in private credit [2]. - The promissory note carries an interest rate of 10% per annum, with USD $93,333 in interest received for the year ending July 24, 2025 [3]. - As of now, Selma has drawn down USD $800,000 in principal against the promissory note, which is secured by Selma's assets, primarily real estate and receivables [4]. Group 2: Business Transition - The Company is seeking to change its business classification from a mining issuer to an investment issuer, which requires acceptance from the TSX Venture Exchange [1]. - The short-term forbearance allows the Company time to complete this transition and reactivation from the NEX Board to TSXV Tier 2 [1].