Stockworks to pay 5% finder's fee for Cabin Lake sale

Executive Summary

• Stockworks Gold Inc. issued an update to its October 30, 2025 announcement regarding the pending sale of the Cabin Lake gold project.
• The company disclosed a previously‑signed finder’s agreement with Meccano Consulting Pty. Ltd., which obligates Stockworks to pay a 5 % finder's fee on the total transaction value, payable in tranches as the buyer makes staged payments.
• The fee arrangement remains subject to regulatory approval and will be settled as the purchaser completes each payment milestone.

Key Details

• Finder’s Agreement: Meccano Consulting Pty. Ltd., Perth, Australia, is entitled to a 5 % finder's fee based on the total sale price of the Cabin Lake property.
• Payment Structure: The fee will be paid in multiple tranches aligned with the purchaser’s staged payments for the asset acquisition.
• Regulatory Condition: Execution of the finder’s fee payment is contingent upon receipt of all required regulatory approvals.
• Project Focus: Stockworks continues to concentrate on its early‑stage Pirenópolis gold project in Brazil while the Cabin Lake sale proceeds through the outlined process.

Notable Quotes

(No direct quotes were provided in the release.)