Avidian Gold Corp. Files Early Warning Report in Respect of High Tide Resources Corp.

Executive Summary

• Avidian Gold Corp. closed the second and final tranche of its share purchase agreement with High Tide Resources, selling 2,300,000 common shares at $0.04 per share for gross proceeds of $92,000.
• Combined with the first tranche, Avidian has sold a total of 7,000,000 High Tide shares, generating aggregate gross proceeds of $280,000.
• The disposal reduced Avidian’s ownership in High Tide from ~19.88% to ~17.21% on a non‑diluted and partially‑diluted basis; an early warning report was filed in accordance with NI 62‑103.

Key Details

• Second Tranche Sale: 2,300,000 High Tide common shares sold at $0.04 per share → $92,000 gross proceeds.
• First Tranche Recap: 4,700,000 shares sold on September 23 2025 at the same price → $188,000 gross proceeds.
• Total Shares Sold (both tranches): 7,000,000 High Tide shares for $280,000 aggregate gross proceeds.
• Pre‑sale ownership: Prior to any sales, Avidian held 21,842,020 High Tide shares (~25.33% of outstanding).
• Post‑first tranche ownership: 17,142,020 shares (~19.88%).
• Post‑second tranche ownership (as of Oct 8 2025): 14,842,020 shares (~17.21%).
• Ownership change: Security holding percentage decreased by 2.67% on both non‑diluted and partially‑diluted bases after the second tranche.
• Purpose of disposal: Treasury management; Avidian may adjust its position in the future.
• Regulatory filing: Early warning report filed on SEDAR+ per NI 62‑103; contact Steve Roebuck for a copy.

Notable Quotes

(No direct quotes were included in the release.)