M&A / Property

Ramp Metals Expands the Rottenstone SW Land Package by 10,562 Ha. Along Strike at Rush

Rottenstone SW land package expands 32% along Rush strike

By The Northwire Desk — AI Analysis Nov 10, 2026 · 08:03 RAMP · 0.27 Ramp Metals Inc.

Executive Summary

Ramp Metals Inc. secured 10,562 hectares of new claims, increasing the Rottenstone SW land package by 32% to 43,277 hectares. The new claims are contiguous to the Rush discovery and extend coverage along the NE-SW striking stratigraphic horizon.
The company settled a $120,000 account payable to an arm's length creditor by issuing 400,000 common shares at a deemed price of $0.30 per share. This transaction is subject to TSXV approval and carries a four-month and one-day statutory hold.
A grant of 100,000 incentive stock options was issued to a consultant at an exercise price of $0.30 per share, bringing total outstanding options to 1,000,000.
This release follows the October 29, 2026 announcement of final 2026 drill assays and camp construction, maintaining the company's focus on proving out the Rush target and preparing for a winter 2027 program.

Material Impact

The land expansion is a standard, expected operational step for an early-stage explorer aiming to secure strike continuity. It does not alter the fundamental exploration thesis but extends the drill-ready footprint.
The debt settlement via share issuance is minor in absolute terms ($120,000) and represents a routine corporate action to preserve cash. The $0.30 deemed price is slightly above the recent trading range, which is favorable, but the 400,000 share issuance introduces incremental dilution.
The stock option grant is a routine compensation mechanism with immediate vesting and a short 24-month term.
Overall, the news is incremental and aligns with previously communicated exploration and corporate maintenance activities. It does not introduce new catalysts, financial restructuring, or material changes to the project's risk profile.

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Company Overview

Ramp Metals Inc. is a grassroots exploration company focused on the Rottenstone SW property in Saskatchewan, Canada.
The project targets Volcanogenic Massive Sulphide (VMS) deposits, primarily copper, zinc, and silver, with gold and lead as secondary commodities.
The Rush target is the flagship asset, featuring a 250m+ strike length of mineralization that remains open along strike and at depth. A newly identified "Deep Zone" has also been confirmed.
The company is in the exploration stage with no mineral resource estimates, reserve reports, or economic studies disclosed. True widths of intercepts remain unknown.
The property is fully permitted through December 2027, allowing up to 150 drill holes and temporary camp construction.

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