Sokoman obtains right to acquire 41,150 ha in Nfld.

Executive Summary

• Sokoman Minerals secured mineral licences covering 41,150 ha, expanding its strike length along the Valentine Lake fault to >65 km and total area to 58,775 ha – a tripling of holdings.
• The acquisition positions Sokoman as the largest landholder adjacent to Equinox Gold’s newly‑operating Valentine gold mine and underpins its district‑scale “Treasure Island” project.
• In connection with the claim acquisitions, Sokoman will issue 4.5 million common shares and make cash payments of $50,000, subject to regulatory approvals.

Key Details

• Land Expansion:
• New licences increase strike length from ~30 km to >65 km and area from ~19,600 ha to 58,775 ha.

• Holdings now represent the longest contiguous strike and largest area along the Valentine Lake fault system.

• Treasure Island Project:

• 100% owned; contains the Moosehead zone with over 135,000 m of drilling completed.

• Highlight drill intercepts:

  • 70.3 g/t Au over 9.05 m (MH‑18‑39)
  • 45.0 g/t Au over 11.9 m (MH‑18‑01)
  • 12.5 g/t Au over 39.6 m (MH‑22‑463)
  • 69.5 g/t Au over 4.85 m (MH‑24‑649)
    – 56.6 g/t Au over 5.55 m (MH‑21‑342)

• Corporate Governance Updates:

• Dr. James Adams steps down from the board, remains on advisory board.
• Dr. Colin Bowdidge also moves to advisory board.

• Kevin Keats joins the newly formed advisory board.

• Share Issuance & Cash Consideration:

• Company will issue 4.5 million common shares as part of the claim acquisition agreements.

• Additional cash payment of $50,000 to be made upon closing, subject to required regulatory approvals.

• Strategic Rationale (CEO Quote):

  “We believe the recent claim acquisitions are fundamentally transforming the company's exploration strategy to take a district‑scale approach while remaining focused on our core mineralized zones at Moosehead.” – Denis Laviolette, Executive Chairman & CEO

Notable Quotes

• Denis Laviolette (Executive Chairman & CEO): “With a dominant position along the Valentine Lake fault, we can apply our Newfoundland expertise to make other high‑grade gold discoveries.”
• Tim Froude (President): “On behalf of the company, I thank James and Colin for their service as directors and look forward to working with them and Kevin through our new advisory board.”