BULLETIN V2026-2358
EXGEN RESOURCES INC. ("EXG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 16, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation the Purchase Agreement dated April 29, 2026 ("Agreement"), between the Company and arm's length parties (the "Vendor"). Pursuant to the terms of Agreement, the Company has purchased the options to acquire a 100% interest in the Spark South Lithium Project, the Libra Lithium Project and the Augusta Lithium Projects in Nevada (the "Option"). In consideration for acquiring the Option, the Company has issued to the Vendors an aggregate of 21,000,000 common shares at closing, and remitted a cash amount of $125,000. In order for the Company to exercise the options under the Agreement, it must make cash payments to the optionors totaling $255,000 USD and incur cumulative qualifying exploration expenditures on the properties of at least $1,450,000 USD over the next two years.
For further information, please refer to the Company's news releases dated October 17, 2025; April 30, 2026; and July 9, 2026.
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