Eagleone enters definitive deal to acquire Surupampa

Executive Summary

• Eagleone Metals Corp. has entered into a definitive share exchange agreement to acquire 100% of Surupampa Metals Corp., a private British Columbia mining issuer.
• The acquisition is structured as a share-for-share exchange, with Eagleone issuing 18.75 million common shares to the vendors of Surupampa.
• Surupampa’s primary asset is an option to acquire a 100% interest in the Surupampa I mining concession in Peru, which hosts gold-silver-copper mineralization in quartz veins.

Key Details

• Transaction Structure: Eagleone Metals Corp. will acquire all issued and outstanding shares of Surupampa Metals Corp. via a share exchange agreement.
• Consideration: Eagleone will issue 18.75 million common shares to the vendors (shareholders of Surupampa).
• Target Asset: Surupampa holds an option agreement (amended Jan. 28, 2026) to acquire a 100% interest in the Surupampa I mining concession in Peru.
• Property Characteristics:
  • Located in a major mineral belt in northern Peru, near world-class deposits.
  • Prospective for gold-silver-copper base metal mineralization associated with subparallel quartz veins striking east-west.
  • Principal structures include the Giuliana and Anita veins (quartz-dominant with minor carbonate).
  • Geological setting suggests potential for structural continuity at depth and along strike.
• Option Agreement Terms (for Surupampa to acquire the Peru property):
  • Completed: Issuance of 350,000 common shares in Surupampa upon execution.
  • Cash Payments:
    • $50,000 USD on or before Feb. 28, 2026.
    • $50,000 USD on or before March 28, 2026.
    • $150,000 USD on or before Oct. 13, 2026.
    • $150,000 USD on or before Jan. 12, 2027.
    • $200,000 USD on or before July 13, 2027.
  • Share Issuances (Eagleone shares with equivalent value):
    • $100,000 USD on or before Feb. 28, 2026.
    • $150,000 USD on or before May 28, 2026.
    • $200,000 USD on or before Nov. 28, 2026.
    • $250,000 USD on or before May 28, 2027.
• Future Exploration Plans: Focus on confirming depth and strike extent of the Giuliana vein system via infill geological mapping, sampling, surveying, and establishing a drill program to test mineralization at depth.
• Conditions Precedent: Completion is subject to corporate, regulatory, and third-party approvals, including acceptance by the Canadian Securities Exchange and shareholder approval (if required).
• Eagleone Context: Eagleone also holds an option for a 100% interest (subject to a 2% NSR royalty) in the Magusi West gold project in Quebec.

Notable Quotes

• None provided in the text.