Val-d'Or Mining Enters into Mineral Claim Purchase Agreement

Executive Summary

• Val-d'Or Mining Corp. entered into an option agreement to acquire 100% of three mining claims in Ontario’s Larder Lake Mining Division.
• Consideration includes $5,000 cash plus issuance of 100,000 common shares (subject to TSX‑V approval) and a 1.0 % NSR royalty on the properties.
• The company holds an option to purchase half of the royalty for $1,000,000, reducing the payable rate to 0.5 %.

Key Details

• Agreement Date: October 8, 2025 (Option Agreement).
• Properties Acquired: Three mining claims located in the Larder Lake Mining Division, Ontario.
• Cash Consideration: $5,000 paid to the Vendor at closing.
• Equity Consideration: 100,000 common shares of Val-d'Or Mining Corp., pending TSX Venture Exchange approval.
• Royalty Grant: Vendor receives a Net Smelter Return (NSR) royalty of 1.0 % on production from the acquired properties.
• Royalty Purchase Option: Company may acquire 50 % of the NSR royalty (reducing it to 0.5 %) for $1,000,000.
• Strategic Rationale: Expands Val-d'Or’s footprint in the Abitibi Greenstone Belt and adds three new claim parcels for early‑stage exploration.

Notable Quotes

(No direct quotes were provided in the release.)