NovaRed Mining amends option to earn 70% of Trojan-Condor Corridor claims, issues 3,000,000 units to optionor

• Novared Mining amended an option to earn a 70% stake in the Trojan-Condor Corridor, adding five tenures and expanding Wilmac Copper-Gold to 16,078 hectares.
• Option requires issuing 3,000,000 units on CSE acceptance; each unit includes one share and a two-year warrant exercisable at C$ 1.8.
• Cash payments set at $100,000 by Aug. 31, 2026, then $150,000 by March 31, 2027.
• Exploration spending commitment totals $8.5 million, including $400,000 by Oct. 1, 2026, then $2 million in 2027.
• Interest carries a 2% NSR; 1% buyback costs $2 million; annual advance royalty of $100,000 starts on option exercise.

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