Sherpa II completes purchase of remainder of Bakar

Mr. Thomas O'Neill reports SHERPA COMPLETES PURCHASE OF REMAINING OWNERSHIP OF THE BAKAR PROPERTY ON NORTHERN VANCOUVER ISLAND, BRITISH COLUMBIA Further to the definitive purchase agreement dated June 3, 2025, and initially announced on June 4, 2025, Sherpa II Holdings Corp. has completed the purchase of the remaining ownership of the high-grade copper-silver Bakar property located on northern Vancouver Island in British Columbia from District Metals Corp. (TSX Venture Exchange: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP). Thomas O'Neill, chief executive officer of Sherpa II, commented, "With the purchase of the remaining ownership of Bakar completed, the exploration permit in hand and the recently completed non-brokered private placement, Sherpa II is well positioned to begin the inaugural drill program at the Bakar property and test the EC drill targets." Transaction highlights Pursuant to the agreement, Sherpa II acquired District's remaining approximate 25-per-cent interest in the Bakar property through the issuance of 1.5 million common shares of Sherpa II. The common shares were issued to District on Nov. 6, 2025, and are subject to a hold period of four months and one day. About Sherpa II Holdings Corp. Sherpa II is a Canadian junior mineral exploration company with a 100-per-cent interest in the Bakar property located on northern Vancouver Island, British Columbia. We seek Safe Harbor.