CopAur Minerals Agrees to Terms with Omega Pacific Resources on the Williams Property

On November 25, 2025, CopAur Minerals announced it has amended its option agreement with Omega Pacific Resources concerning the Williams Property in British Columbia. Under the new terms, Omega Pacific has the option to accelerate its acquisition of the remaining 49% interest in the property by issuing 3.3 million common shares to CopAur on or before December 4, 2025. CopAur's CEO, Andrew Neale, stated that this transaction allows the company to focus its efforts on its Nevada properties while becoming a significant shareholder in Omega, thereby retaining exposure to the Williams Property's upside potential.

This news is a logical and positive step that executes on the company's recently articulated strategy, but its immediate financial impact is not material.

Over the past six months, CopAur has undergone a significant strategic and management overhaul: - July/August 2025: The company abandoned a proposed acquisition in Georgia to "focus full attention and resources" on its flagship Kinsley Mountain gold project in Nevada. - August/September 2025: A new, experienced COO (Christopher Babcock) and CEO (Andrew Neale) were appointed to lead the development of the Nevada assets. - October 2025: The company submitted a key permit application for Kinsley Mountain and announced a major financing to fund its Nevada work programs. - November 2025: The company closed an oversubscribed financing, raising $3.28 million.

The agreement with Omega Pacific is the final piece of this strategic realignment. It divests a non-core asset in British Columbia, allowing management to dedicate 100% of its focus and capital to the Nevada projects. In exchange, CopAur strengthens its equity position in Omega, which is actively exploring the Williams project. CopAur already held 3 million shares of Omega (per June 30, 2025 financials), so this transaction will increase its holding to 6.3 million shares.

Financially, the deal's value is tied to Omega's share price. At Omega's recent price of ~$0.075, the 3.3 million shares are worth approximately $250,000. While this is not a large sum, it is a non-dilutive monetization of an asset that was not a strategic priority. The primary impact is the clarification of CopAur's investment thesis, which is now purely focused on developing its past-producing Nevada gold projects. This is a positive housekeeping measure that aligns with previous commitments to shareholders.

CopAur Minerals Inc. is a Canadian junior exploration company focused on developing gold projects in Nevada. Its flagship asset is the 100%-owned Kinsley Mountain Gold Project, a past-producing, Carlin-style open-pit gold mine. The project has an NI 43-101 compliant mineral resource estimate of 418,000 indicated ounces of gold at a grade of 2.63 g/t and 117,000 inferred ounces at 1.51 g/t. The company's strategy, under a new management team installed in Q3 2025, is to advance Kinsley Mountain towards a potential production restart, starting with testing the historic heap leach pad for residual gold.