Lexston Mining Corporation Announces Fieldwork on Dory Property and two Marketing Agreements

Executive Summary

• Lexston Mining announced the start of a two‑phase field program on the 1,348.1‑ha Dory Property in BC’s Alberni Mining Division.
• On the same day, holders exercised 2,137,500 common share purchase warrants at $0.10 each, generating $213,750 in gross proceeds and increasing total issued shares to 16,930,804.
• The company entered separate 12‑month online and digital marketing agreements with i2i Marketing Group ($300k budget) and Danayi Capital Corp. ($100k budget) to boost investor awareness.

Key Details

• Property Overview: Dory Property comprises four contiguous, non‑surveyed mineral claims totaling 1,348.1 hectares; accessible via paved & gravel roads off the Pacific Rim Highway.
• Phase 1 (GIS & Sampling): Creation of a GIS database using historic data, geological mapping, and rock/soil sampling of historically identified target areas; new exposures from recent logging to be investigated.
• Phase 2 (Contingent): If Phase 1 results are positive, will conduct line‑cutting, 3D Induced Polarization (IP) geophysical survey, and detailed mapping on selected targets.
• Warrant Exercise:
• Quantity: 2,137,500 common share purchase warrants
• Exercise Price: $0.10 per warrant
• Gross Proceeds: $213,750
• Resulting Shares Issued: 2,137,500 common shares
• Total Outstanding Shares Post‑Exercise: 16,930,804
• CEO Comment (Jagdip Bal): “We are pleased to announce the exercise of these warrants, which will provide the Company with additional capital to support our ongoing development efforts as well as demonstrating investor confidence in our ability to add shareholder value.”
• Online Marketing Agreement (i2i Marketing Group LLC): 12‑month term; service budget up to $300,000 USD; no securities compensation.
• Digital Marketing Agreement (Danayi Capital Corp.): 12‑month term; service budget up to $100,000 USD; no securities compensation.
• Qualified Person: Richard Walker, P.Geo., Director and NI 43‑101 Qualified Person, reviewed and approved the Dory Property content.

Notable Quotes

“We are pleased to announce the exercise of these warrants, which will provide the Company with additional capital to support our ongoing development efforts as well as demonstrating investor confidence in our ability to add shareholder value.” – Jagdip Bal, CEO