DeepRock Minerals Inc. announced that the Company and Augustine Trading Professionals SRL have mutually agreed to terminate the property purchase agreement between them dated August 31, 2021, whereby the Company was to purchase from Augustine a mineral property in Romania known as the Dragon Valley Property. DeepRock had advanced $275,000 of the purchase price to Augustine and had taken no further action. Upon the return of the $275,000 from Augustine to DeepRock, which is to occur before October 30th, 2023, the parties will have no further obligations to each other.