Orecap Invest Corp. (TSXV:OCI) and Stephen Stewart entered into an agreement to acquire 45% interest in Thierry Copper Mine located in Pickle Lake, Ontario from Canadian Critical Minerals Inc. (TSXV:CCMI) for CAD 1.4 million on October 4, 2023. Under the terms of the transaction, Orecap will pay CAD 1.3 million in upfront cash. Additionally, Canadian Critical Minerals Inc. will receive a CAD 500,000 milestone bonus payment for the completion of a new NI 43-101 resources excess of 100 million tonnes and/or 1.0 billion lbs of copper; and an additional CAD 250,000 milestone bonus payment for the completion of a new NI 43-101 resources in excess of 150 million tonnes and/or 1.5 billion lbs of copper. In related transactions, QC Copper and Gold Inc. entered into an agreement to acquire 10% stake in Thierry Copper Mine located in Pickle Lake, Ontario from Canadian Critical Minerals Inc. for CAD 0.3 million on October 4, 2023, in an upfront all-cash deal and Ocean Partners will acquire 6% stake in Thierry Copper Mine. Following the sale, CCMI will retain a 39% interest in the property. Following Closing, Pickle Lake Minerals Inc. which holds a 100% interest in the Thierry Copper Mine will be renamed to Cuprum Corp. Closing of the acquisition remains subject to final approval of the TSX Venture Exchange, as well as certain other conditions as are customary in transactions of this nature. Proceeds from the sale of a 61% interest in Thierry Copper Mine will provide CCMI with sufficient cash to discharge the secured loan at Bull River and eliminate future interest payments to Ocean Partners UK. The sale is non-dilutive to CCMI shareholders.

Orecap Invest Corp. (TSXV:OCI) and Stephen Stewart completed the acquisition of 45% interest in Thierry Copper Mine located in Pickle Lake, Ontario from Canadian Critical Minerals Inc. (TSXV:CCMI) on October 26, 2023.