Baroyeca's Terra Rossa name change pushed due to strike

Executive Summary

• Baroyeca Gold & Silver Inc. and Terra Rossa Gold Ltd. are nearing the completion of their proposed amalgamation, with closing anticipated on or about October 17, 2025.
• The final name change to "Terra Rossa Gold Ltd." is delayed due to a labor dispute and temporary closure of B.C. Registries.
• Upon closing, the company will temporarily operate under the numbered name "0749116 B.C. Ltd. doing business as Terra Rossa Gold" while retaining the ticker symbol TRR.

Key Details

• Transaction Status: The amalgamation with Terra Rossa Gold Ltd. is nearing completion.
• Closing Date: Anticipated on or about October 17, 2025.
• Name Change Delay: The permanent name change to "Terra Rossa Gold Ltd." is postponed due to job action by the British Columbia General Employees' Union (BCGEU) causing a temporary closure of B.C. Registries.
• Interim Naming: Upon closing, the entity will temporarily change its name to a numbered company: "0749116 B.C. Ltd. doing business as Terra Rossa Gold."
• Trading Symbol: The resulting issuer will continue to trade under the ticker symbol TRR.
• Next Steps: A further news release will be issued upon closing and the issuance of the TSX Venture Exchange final bulletin, which will provide details regarding the resumption of trading for common shares.

Notable Quotes

• "The company and Terra Rossa anticipate closing the transaction on or about Oct. 17, 2025, whereby as of closing, the company will temporarily change its name to a numbered company (0749116 B.C. Ltd. doing business as Terra Rossa Gold)."