Fosterville South Exploration Ltd. (TSXV:FSX) entered into a non binding term sheet to acquire Wild Dog Resources Inc. (WDR) for CAD 9.5 million on April 19, 2023. As part of consideration, Fosterville South will issue a total of 16.2 million common shares to the shareholders of WDR, 0.53 million share purchase warrants to the warrant holders of WDR and grant 1.6 million options to the stock option holders of WDR. On June 30, 2023, Fosterville South Exploration Ltd. (TSXV:FSX) entered into a definitive agreement to acquire Wild Dog Resources Inc. Pursuant to the Amalgamation Agreement, in consideration of WDR: (i) The shareholders of WDR immediately prior to the closing of the acquisition will receive an aggregate of approximately 16,161,441 common shares of FSX, and each WDR Shareholder will receive one (1) Common Share for every 7.028 WDR Shares held, subject to adjustment. The Exchange Ratio assumes 113,583,200 WDR Shares are outstanding immediately prior to Closing. (ii) The Common Shares issued to the WDR Shareholders will be subject to voluntary restrictions on resale, of which 33.3% of the Common Shares will not be subject to restrictions on resale, 33.3% of the Common Shares will be subject to restrictions on resale for a period of three (3) months following Closing and 33.4% of the Common Shares will be subject to restrictions on resale for a period of six (6) months following Closing, (iii) The warrant holders of WDR immediately prior to Closing will receive an aggregate of approximately 526,892 Common Share purchase warrants, and each WDR Warrant holder will receive Warrants exercisable to acquire such number of Common Shares as is equal to the number of WDR Shares issuable under each such WDR Share purchase warrant, and (iv) The optionees of WDR immediately prior to Closing will be granted an aggregate of approximately 1,553,679 stock options of FSX, and each WDR Optionee will be granted Options exercisable to acquire such number of Common Shares as is equal to the number of WDR Shares issuable under each such stock option of WDR. The Acquisition is subject to the approval of the WDR Shareholders, TSX Venture Exchange acceptance and the satisfaction of other customary conditions. As of July 31, 2023 WDR Shareholders approved the transaction. On Closing, FSX to appoint Iain Martin, a director of WDR, as a director of FSX.

Fosterville South Exploration Ltd. (TSXV:FSX) completed the acquisition of Wild Dog Resources Inc. (WDR) on September 19, 2023.