Update re Bartlett Mining Claims

7 April 2026, the Company has completed the acquisition

of the Bartlett Mining Claims (the "Transaction") located in Ontario, Canada.

Pursuant to the Agreement, the Company has paid CAD$125,000 in cash and issued 16,983,827 new ordinary shares of 0.1 pence each at a price of 1.75 pence per share, in satisfaction of the CAD$550,000 consideration due under the Agreement (the "Consideration Shares") to a third party.

Issue of Shares

Application will be made to the

London Stock Exchange

for the admission of the 16,983,827 Consideration Shares to trading on AIM ("Admission").

Admission is expected to occur on or around

27 April 2026. The Consideration Shares will rank

pari passu

with the existing ordinary shares.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules, following Admission, the Company's issued share capital will comprise

735,248,168

ordinary shares

of

0.1 pence

each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.