1137708 B.C. Ltd. entered into an agreement to acquire Eleven critical metals properties in Yukon Territory and Northwest Territories from Strategic Metals Ltd..

1137708 B.C. Ltd. entered into an agreement to acquire Eleven critical metals properties in Yukon Territory and Northwest Territories from Strategic Metals Ltd. (TSXV:SMD) on January 9, 2023. As per terms of propertyápurchase agreement, 1137708 B.C. Ltd. willáacquireáa 100% interest in all eleven properties by issuing commonásharesáto Strategic equal to 19.9% of the issued and outstanding commonásharesáat the time and will (i) retain 1% net smelter royalty return interest in future commercial production, excepting silver, from any or all of the properties, which is not subject to a buy-back option or similar rights; and (ii) hold the right to participate in any or all of the first three post-listing equity financings carried out by 1137708 B.C. Ltd., for the purpose of maintaining Strategic's post-listing interest in 1137708 B.C. Ltd.. 1137708 B.C. Ltd. willácompleteáa listing on a Canadian stock exchange andáwill closeáa concurrentáCAD 1.7 millionáequity financing.

1137708 B.C. Ltd. is required toácompleteáits listing on or before June 1, 2023.