Decade Resources holds five million Showcase shares

Executive Summary

• Decade Resources entered into a purchase agreement with Showcase Minerals, selling its 100% interest in the Grassy and Premier East gold projects.
• In exchange, Decade received 5 million common shares of Showcase, representing ~19% of Showcase’s outstanding non‑diluted equity, subject to a 4‑month‑plus hold period.
• The transaction is disclosed under NI 62‑103 as an early‑warning report and may affect Decade’s future capital structure and strategic options.

Key Details

• Transaction Date: December 10, 2025.
• Assets Sold: 100% interest in two mineral properties – the Grassy and Premier East gold projects located north of Stewart, B.C., near the Premier mine in the Golden Triangle.
• Consideration Received: Showcase Minerals issued 5 million common shares to Decade.
• Equity Stake Acquired: The shares represent approximately 19% of Showcase’s issued and outstanding common shares on a non‑diluted basis.
• Hold Period: Shares are subject to a four‑month‑and‑one‑day hold period from issuance, per the purchase agreement.
• Pre‑Transaction Ownership: Decade owned no common shares of Showcase prior to closing.
• Post‑Transaction Flexibility: Decade may acquire additional securities or dispose of existing holdings based on market conditions, strategic reassessment, and regulatory requirements.
• Regulatory Filing: Early warning report filed pursuant to National Instrument 62‑103; a copy is available on Showcase’s SEDAR+ profile.

Notable Quotes

(No direct quotes were provided in the release.)