Omega obtains full ownership of Williams property

Mr. Conrad Swanson of Copaur reports OMEGA PACIFIC ACQUIRES 100% OF WILLIAMS PROPERTY Omega Pacific Resources Ltd. and Copaur Minerals Inc. have completed an amendment of the Williams property option/Joint venture agreement to accelerate the acquisition of a 100-per-cent interest in the property. On Feb. 29, 2024, the company and the vendor entered into the option agreement (see March 1, 2024, press release) whereby the company could earn up to a 100-per-cent interest in the property. The option agreement was amended Aug. 28, 2024 (see Sept. 6, 2024, press release), whereby for consideration of $50,000 the exploration expenditures required to earn a 51-per-cent interest in the property were reduced from $3-million to $2-million, and the exploration expenditures required to earn a 80-per-cent interest in the property were increased from $3-million to $4-million on or before Feb. 28, 2027. On Nov. 12, 2024, the company announced it had exercised its option to acquire a 51-per-cent interest in the property. On Nov. 20, 2025, the company and vendor entered into a second amendment to the option agreement that replaces and terminates the previous option agreement. Under the second amendment agreement, the company will acquire the remaining 49-per-cent interest in the property from the vendor. The 49-per-cent interest purchase price payable is 3.3 million shares on the closing date. Subject to Canadian Securities Exchange approval, closing of the second amendment agreement and transfer of title is scheduled to occur on or before Dec. 4, 2025. Total consideration made by the company for a 100-per-cent interest in the property is: 6.3 million shares, $1.05-million and $2.1-million of incurred exploration expenditures. As a postclosing covenant, the company commits to incur $5-million in exploration expenditures on the property by Dec. 31, 2027. The company expresses its gratitude to Copaur for negotiating equitable terms for the Williams property acquisition. Jason Leikam, chief executive officer of Omega Pacific, commented: "We thank Copaur's board of directors for the good faith demonstrated during this expedited acquisition. With the closure of this transaction, we welcome Copaur as a significant shareholder of Omega. Both companies are convinced Williams holds tremendous, untapped mineral value and with clear ownership, we look forward to a series of aggressive exploration programs designed to unlock that value. The Williams property holds a robust bulk tonnage gold system identified during a 2024 drill program that returned values of 1.69 g/t Au over 104 metres and 2.16 g/t Au over 96.9 metres. The property hosts gold and gold-copper targets on two key prospects, multimillion-ounce potential and additional discovery opportunities to build long-term value. With our undivided attention on Williams, we look to build considerable value for all our shareholders." Copaur chairman Conrad Swanson also commented: "For Copaur shareholders, we believe this transaction accomplishes two objectives. It increases our equity in Omega Pacific, and thereby our exposure to the development of the Williams property which we believe will deliver exceptional results; and we have confidence Omega's technically will unlock the full potential across Williams. The transaction also allows Copaur to remain focused on advancing our Nevada located flagship project toward production at an opportune time with very favourable metal prices." About the Williams property The Williams property is located in British Columbia's re-emerging Toodoggone district and the Golden Horseshoe, widely regarded as a tier one exploration region. The 11,489-hectare property holds two key prospects: GIC and T-Bill. In 2024, Omega Pacific drill verified a bulk tonnage, epithermal gold system on GIC. All four 2024 drill holes intersected several zones of bulk tonnage with localized high-grade gold mineralization. WM24-01 intersected 1.69 grams per tonne Au over 104 metres and WM22-02 extension returned 2.16 g/t Au over 96.92 m. Mineralization is open in all directions, with historic drill intercepts of gold mineralization 600 m east of the company's drill locations and very positive surface mineralization extending 800 m west of 2024 drill collars. Over all, GIC represents a prospective target distancing over 12 kilometres. Future exploration programs will focus on the 1,400 m by 400 m gold zone at GIC and identifying further high-priority targets for subsequent programs. Qualified person Robert L'Heureux (PGeol), director of Omega Pacific Resources, is the qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects and has reviewed, validated and approved the scientific and technical information contained in this news release. Mr. L'Heureux oversees exploration planning and execution at the Williams property. About Omega Pacific Resources Ltd. Omega Pacific Resources is a Canadian mineral exploration company focused on the discovery and development of precious metal projects in British Columbia. The company also continues to evaluate prospective assets domestically and internationally. With a talented technical team, Omega Pacific is commitment to responsible exploration with judicious use of capital. We seek Safe Harbor.