Northwire Canada EditionFriday, July 17, 2026
Northwire
FL 0.407 −0.6% SSRM 35.88 −1.3% CD 0.230 +0.0% GEN 0.070 +0.0% ALS 56.64 −1.4% WGX 4.29 −3.3% LIFT 3.06 −2.9% NTR 94.47 +0.2% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.030 +0.0% PRU 4.56 −1.7% MOO 0.720 +0.0% BSX 0.910 −4.2% SLI 3.07 −0.3% FL 0.407 −0.6% SSRM 35.88 −1.3% CD 0.230 +0.0% GEN 0.070 +0.0% ALS 56.64 −1.4% WGX 4.29 −3.3% LIFT 3.06 −2.9% NTR 94.47 +0.2% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.030 +0.0% PRU 4.56 −1.7% MOO 0.720 +0.0% BSX 0.910 −4.2% SLI 3.07 −0.3%

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Original News Release

First and Goal signs definitive deal for Copper Bullet

Mr. Paul Smith reports FIRST AND GOAL CAPITAL CORP. ENTERS INTO DEFINITIVE AGREEMENT WITH COPPER BULLET MINES INC. TO COMPLETE QUALIFYING TRANSACTION First and Goal Capital Corp. (F&G) and Copper Bullet Mines Inc. (CBMI) signed a letter of intent (LOI) on July 28, 2025. F&G and CBMI have entered into a definitive business combination agreement dated Sept. 30, 2025, pursuant to which F&G and CBMI intend to complete a proposed business combination that will constitute a reverse takeover of F&G. It is intended that the transaction will constitute F&G's qualifying transaction, as such term is defined in Policy 2.4 of the corporate finance manual of the TSX Venture Exchange. Pursuant to the transaction, CBMI and a wholly owned subsidiary of F&G will amalgamate to form a new amalgamated company, and, upon such amalgamation, holders of common shares of CBMI will receive one postconsolidation F&G common share for each CBMI common share held. As a condition of the transaction and subject to shareholder approval, F&G will consolidate its common shares on the basis of one postconsolidation common share for every 1.108 preconsolidation common shares. On or immediately prior to the completion of the transaction, it is anticipated that F&G will change its name to Coyote Copper Mines Inc. or such other name as may be determined by CBMI. The parties to the transaction are at arm's length and, as to the knowledge of the company, no insider, promoter or control person of the company has any material equity ownership or interest in CBMI prior to giving effect to the transaction. As the transaction is not a non-arm's-length qualifying transaction (as such term is defined in TSX-V Policy 2.4), approval of the transaction by F&G's shareholders will not be required pursuant to the policies of the TSX-V. F&G shareholders will be asked to approve, among other things, the consolidation and name change at its annual and special meeting of shareholders anticipated to be held in November, 2025. In connection with the transaction, all outstanding stock options and agent warrants of F&G will, on a postconsolidation basis, remain in effect on substantially the same terms and in accordance with the policies of the TSX-V. As a condition of signing the definitive agreement, F&G visited CBMI's projects and various surrounding properties and operating mines in the Copper Triangle in September. Following the tour of such copper projects, F&G and CBMI agreed to proceed diligently toward closing of the transaction. Copper Bullet is currently updating the technical report on its Copper Springs and Gibson projects in compliance with National Instrument 43-101, Standards of Disclosure for Mineral Projects. The technical report is expected to be completed on or about Oct. 15, 2025. As part of updating its NI 43-101 technical report, CBMI's team of geologists, led by Dr. Michael Feinstein, collected and assayed 40 chip and grab samples between Aug. 23 and Aug. 25, 2025. Highlights from the August, 2025, sampling include four samples from the West Gibson zone, which show very high copper grades ranging from 10 to 22 per cent. These were select grab samples, collected from historic ore piles, to characterize the mineralization. Quartz and chalcopyrite veining, massive chalcopyrite, and associated hematite are observed in relation to a set of thin, mineralized porphyritic dike sets which is parallel to the primary Gibson mine structure. The silver content of 10.6 to 69.3 parts per million (10.6 to 69.3 grams per tonne) is notable. A total of 10 samples were collected in the Gibson area. Copper values ranged from 910 to 224,096 ppm (0.091 to 22.4096 per cent) and average value of 68,660 ppm (6.866 per cent) Cu. Silver values ranged from below detection to 69.3 ppm (69.3 g/t) with an average value of 15.6 ppm (15.6 g/t) Ag. The historic tunnel of Santa Ana Canyon had not been previously sampled. In August, 2025, the team sampled more than 40 metres of continuous outcrop, which returned considerable copper values. Primary hypogene mineralization in Santa Ana Canyon is associated with strong, potassic alteration and is expressed as a stockwork of Type A and Type B veins with a surface expression of 120 by 40 m. A total of 30 samples were collected in the Santa Ana Canyon area; all measured width chip samples totalling 41.05 m. Copper values ranged from 881 to 13,790 ppm (0.0881 to 1.379 per cent) with and average value of 3,564 ppm (0.3564 per cent) Cu. Molybdenum values ranged from six to 1,233 ppm (0.0006 to 0.1233 per cent) with an average value of 85.1 ppm (0.0085 per cent) molybdenum. Silver values ranged from below detection to 2.2 ppm with an average value of 0.75 ppm (0.75 g/t). Sampling during the 2025 summer field program was carried out by Dr. Feinstein and Mineoro staff. All samples were collected under Mineoro procedures with quality assurance/quality control protocols, securely stored and maintained through submission to American Assayers Laboratories in Sparks, Nev. Samples are analyzed by four-acid digestion and ICP-MS analysis for 51 elements. Samples returning more than 10,000 ppm copper were reassayed by ore-grade methods. About Copper Bullet Mines Inc. CBMI is advancing a prolific copper project in the Arizona Copper Triangle. Since its incorporation on April 10, 2021, CBMI has acquired, through staking and option, a significant land package in the heart of Arizona's Copper Triangle. CBMI's Copper Springs property has more than 96 historic drill holes and a non-NI 43-101-compliant mineral resource of 47 million tonnes grading 0.4 per cent copper (NI 43-101 technical report, Copper Springs property, Gila county, Arizona, by Dr. Feinstein, 2022), equating to over 400 million pounds of copper contained. This historic resource is one of many exploration targets across the property and represents approximately 10 per cent of the historic supergene oxide blanket (HSOB) footprint, which was defined by wide-spaced drilling in the 1960s. The historical resource estimate is comparable with a modern inferred mineral resource; however, quality assurance and quality control protocols do not meet current industry standards. The qualified person finds the historic resource to be reliable and relevant based upon field observations, multiple postresource exploration campaigns, review of the 2009 core, and thorough data compilation and analysis. Please refer to Copper Bullet's NI 43-101 technical report, which can be found on its website. Please note that any reference to historical estimates and resources should not be relied upon. These historical estimates are not current and a qualified person under NI 43-101 has not done sufficient work to classify the historical estimate and CBMI is not treating the historical estimate as a current resource estimate. Copper Bullet's NI 43-101 technical report dated Jan. 20, 2022, outlines a phased exploration program of surface sampling, geophysics and drilling on the property, which is designed to modernize the non-compliant historic resources, as well as potentially upgrading and expanding the mineralized area. The property is adjacent to Arizona state Highway 60, located one hour east of Phoenix. High-voltage power lines cross the property and water is available from perennial springs. The property is surrounded by producing mines, including Capstone's Pinto Valley, KGHM's Carlotta mine, Group Mexico's Ray mine, and various other mines and projects owned by South 32, BHP, Rio Tinto and Freeport-McMoRan. The Globe-Miami area in Arizona, where the property is situated, has produced over 37 billion pounds of copper. A recent report published by the Arizona Geological Survey suggests unmined resources to be over 94 billion pounds of copper (geology and history of the Globe-Miami region, Gila and Pinal county, Arizona; Briggs, 2022). The Copper Triangle is also home to two of the three copper smelters in the United States. From exploration through discovery, development, capital raising, and successful execution of commercial mining and milling operations, CBMI's team includes a full range of experienced industry professionals. Financing CBMI completed an oversubscribed financing by way of private placement for gross proceeds of approximately $738,000 through the issuance of common shares and warrants of CBMI. Paul G. Smith and Daiana Turcu, each a director of F&G, participated in the financing, resulting in each of them holding a minority equity interest in CBMI. Pursuant to the definitive agreement, CBMI will also complete an additional private placement financing for additional proceeds of a minimum of $750,000 through the issuance of units of CBMI at a subscription price of 14 cents per unit. Each unit consists of one common share and one-half a warrant of CBMI. Each full warrant will entitle the holder to purchase one common share of CBMI at an exercise price of 20 cents per share for a period of 36 months from the issue date. Upon CBMI receiving its drill permits, CBMI may deliver a notice to the warrantholders notifying such warrantholders that the warrants must be exercised within 30 calendar days from the date of the acceleration notice, otherwise the warrants will expire at 4 p.m. Toronto time on the 30th calendar day after the date of acceleration notice. About First and Goal Capital Corp. F&G was incorporated under the Business Corporations Act (Ontario) on incorporated on June 3, 2021 and is a capital pool company (as defined in the policies of the TSX-V) listed on the TSX-V. F&G has no commercial operations and no assets other than cash. Qualified person Dr. Michael N. Feinstein, PhD, CPG, is the qualified person under NI 43-101, Standards of Disclosure for Mineral Projects, and he has reviewed and approved the scientific and technical disclosure contained in this press release. Dr. Feinstein is a consultant to Copper Bullet Mines; he is the author of Copper Bullet's NI 43-101 technical report dated Jan. 20, 2022. We seek Safe Harbor.
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