Spanish Mountain Gold Agrees to Buy 28 Mineral Claims Adjacent to Flagship Project

• Spanish Mountain Gold agreed on October 16, 2026, to acquire 28 mineral claims covering over 2,000 hectares.
• The claims adjoin its Spanish Mountain Gold Project, expanding exploration opportunities.
• The vendor will receive $37,500 cash and $37,500 in common shares at closing, with identical payments on the first anniversary.
• Consideration includes a 0.5% net smelter returns royalty, which the buyer can purchase in full for $500,000.
• Closing is subject to TSXV acceptance and will occur immediately upon receipt.

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. Spanish Mountain Gold Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610280730BIZWIRE_USPR_____20261028_BW391813) on October 28, 2026, and is solely responsible for the information contained therein.