Mogotes Metals Agrees to Buy 1.5% Filo Sur Royalty for $13 Million

• Mogotes Metals subsidiary entered a binding offer to acquire GRG Resources' 1.5% net smelter returns royalty on Filo Sur.
• The $13 million purchase price comprises $6.5 million in cash and $6.5 million in common shares.
• Share pricing will reflect the 20-day volume-weighted average trading price on the TSXV as of the definitive agreement date.
• Closing is targeted by December 29, 2026, subject to a definitive agreement and required regulatory and stock exchange approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mogotes Metals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610260700NEWSFILECNPR____20261026_320819_1) on October 26, 2026, and is solely responsible for the information contained therein.