Cameo Resources to acquire Kempton project for shares

Mr. Souhail Abi-Farrage reports CAMEO SIGNS LOI TO ACQUIRE A 100% INTEREST IN THE KEMPTON GOLD PROJECT IN TANZANIA Cameo Resources Inc. has entered into an arm's-length securities exchange agreement dated Sept. 29, 2025, with 1315418 B.C. Ltd. (Privco), a B.C. incorporated company, to acquire a 100-per-cent right, title and interest in the Kempton gold project located in the Geita region of Tanzania. The securities exchange agreement provides for the purchase of all of the securities of PrivCo that are owned or held by the PrivCo shareholders at the time of closing. At closing, Cameo will issue seven million common shares to PrivCo shareholders at a deemed price of 11.25 cents per share to acquire 100 per cent of all outstanding shares of Privco and the Kempton gold property rights contained within. Acquisition terms Under the terms of the securities exchange agreement, the company will acquire a 100-per-cent right and interest in the properties by acquiring all the shares in PrivCo, which holds the option to acquire the properties, by the issuance of seven million common shares as per the securities exchange agreement. It is not anticipated that any new control persons will be created postclosing of this acquisition. About Cameo Resources Inc. Cameo Resources is a dynamic mineral exploration company dedicated to discovering and developing valuable mineral deposits. The flagship project in Nevada represents a promising opportunity in the ever growing field of clean energy. The strategic goal of the company is to increase shareholder value by advancing the portfolio of lithium exploration projects located in the mineral-rich region of Nye county, Nevada, and through strategic acquisitions in precious metals. We seek Safe Harbor.