Sasquatch Resources Corp. Acquires Mineral Claims South of Chilliwack near the USA Border

Executive Summary

• Sasquatch Resources Corp. acquired 11 mineral claims covering ~1,567 ha in the Slesse Gold Claims area (BC) from director Justin Deveault under an asset purchase agreement.
• An additional 3 claims (~422 ha) are being applied for with BC MinFile; registration expected within 60‑120 days.
• The transaction includes a 2% NSR royalty to the vendor with an option to repurchase half of the royalty for $1 M, and obligates Sasquatch to use the vendor for exploration services at market rates.

Key Details

• Claims Acquired: 11 claims (≈1,567 ha) transferred on November 27 2025; 3 additional claims (≈422 ha) pending registration.
• Location: South of Chilliwack, BC, within ~150 m of the USA border and near the Boundary Red Mountain Gold Mine; north extension will encompass historic Mountain Goat Mines.
• Transaction Structure: Asset purchase agreement with vendor/director Justin Deveault (also a Sasquatch director).
• Royalty & Buy‑Back: 2% net smelter return royalty granted to vendor; option for Sasquatch to repurchase 50% of the NSR for $1,000,000.
• Exploration Services Clause: Vendor must be used for all appropriate exploration on the acquired claims, provided services comply with law, vendor has requisite resources, and rates are not above market averages.
• Related‑Party Considerations: Transaction qualifies as a related‑party transaction under MI 61‑101 but is exempt from valuation/minority shareholder approval because fair market value < 25% of market cap. Directors approved unanimously (vendor abstained). No material change report filed 21 days prior, deemed reasonable under the exemption.
• Future Work: Samples already taken; results pending. Company plans to evaluate historic waste piles and quartz veins for gold and other precious minerals. Potential road rehabilitation noted.

Notable Quotes

“We are confident that rehabilitation of the old road is an option if warranted… prospectors reported extensive apparent mineralization, including thousands of large float boulders, large outcrops, and extensive quartz veins.” – Pete Smith, CEO

All non‑material boilerplate, forward‑looking statements, and company background have been omitted for brevity.