West Mining Provides Corporate Update

Executive Summary

• West Mining appoints Mr. Rachit “Shaun” Saini to its Board of Directors.
• The Upside Option Agreement with Upside Gold Corp. is amended, altering the timing of cash payments and share issuances while keeping total consideration unchanged.
• West relinquishes its option on two ancillary mineral claims but retains 100% ownership of its core Junkers and Spanish Mountain West properties.

Key Details

• Board Appointment: Mr. Rachit “Shaun” Saini joins the Board; brings over 10 years of operational scaling experience and capital‑raising expertise.
• Option Agreement Amendment (Upside Gold Corp.):
• Total cash consideration unchanged at $2,000,000. Revised schedule:
  • $398,750 due ≤ Sept 1 2025
  • $851,250 due ≤ Jan 20 2027
  • $750,000 due ≤ Jan 20 2028
• Total share consideration unchanged at $3,000,000 deemed value. Revised issuance schedule:
  • 100,000 Upside shares @ $0.20 (deemed $20,000) ≤ Sept 1 2025
    – Additional shares worth $500,000 ≤ Jan 20 2026
    – Additional shares worth $980,000 ≤ Feb 19 2026
    – Additional shares worth $500,000 ≤ Jan 20 2027
    – Additional shares worth $1,000,000 ≤ Jan 20 2028
• Relinquished Claims: West surrenders its option to acquire two mineral claims (originally under an Oct 15 2024 agreement). No impact on existing holdings.
• Current Holdings Confirmed: 100% interest in the Junkers Property (north‑central BC) and Spanish Mountain West Property (central BC). Also retains 100% interest in the Kena Property, which remains subject to the Upside option.

Notable Quotes

(No direct quotes were provided in the release.)