Gold Strike Provides Update on Transaction to Acquire Florin, FLR and RJ Gold Projects

Executive Summary

• Gold Strike Resources Corp. received conditional approval from the TSX Venture Exchange to acquire three contiguous mineral projects (Florin, FLR, RJ) in Yukon’s Tombstone Gold Belt from LIRECA Resources Inc. and its affiliate.
• Shareholders will vote on the acquisition at a special meeting scheduled for April 30, 2026; closing is expected in May 2026 pending minority shareholder approval and regulatory clearances.
• The company has mailed its management information circular and proxy materials to shareholders of record as of March 24, 2026, with full details available on SEDAR+.

Key Details

• Acquisition Targets: Florin gold project, FLR gold project, RJ gold project (all located within the Tombstone Gold Belt, Yukon, Canada).
• Seller(s): LIRECA Resources Inc. and affiliate Florin Resources Inc. (collectively “LIRECA Group”).
• Transaction Structure: Asset purchase agreement dated March 2, 2026; subject to minority shareholder approval, final TSX Venture Exchange approval, and customary closing conditions.
• Shareholder Meeting: Special meeting of shareholders set for 10:00 a.m. Vancouver time on April 30, 2026; proxy materials mailed to shareholders of record as of March 24, 2026.
• Closing Timeline: Anticipated in May 2026, contingent upon receipt of required approvals and closing conditions.
• Regulatory Filings: Management Information Circular and related proxy materials filed on the company’s SEDAR+ profile (www.sedarplus.ca).

Notable Quotes

“We are pleased to have received conditional approval from the Exchange for this strategic acquisition, which will significantly expand our high‑impact mineral portfolio in Yukon.” – Peter Miles, Chief Executive Officer

The release contains forward‑looking statements regarding the timing of closing and receipt of approvals; actual results may differ.