Adelayde News

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.  None of the securities sold in connection with the private placement will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Vancouver, B.C. – September 16, 2025 – Adelayde Exploration Inc. (the “Company” or “Adelayde”) (ADDY:CSE) (SPMTF:OTCID) (A41AGV:WKN) wishes to announce an update to the previously announced private placement to fund its planned gold drill program in Esmeralda County, Nevada. Further to the news releases dates September 10 and 11, 2025, Each Unit will now be comprised of one common share in the capital of the Company (each, a “Share”) and one-half of one transferrable share purchase warrant (each whole such warrant, a “Warrant”).  Each Warrant will entitle the holder thereof to acquire one additional Share (each, a “Warrant Share”) at a price of $0.075 per Warrant Share until 5:00 p.m. (Vancouver time) five years from the closing of the Financing. All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after the closing of the Financing. Net proceeds will be used towards the Company’s general working capital. Finder’s fees may be paid to eligible finders in connection with the Financing.

Qualified person for mining disclosure:

The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a director of the company and qualified person as defined by National Instrument 43-101

About Adelayde Exploration Inc.

Adelayde’s projects include three lithium projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals and Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the 124-acre Green Clay lithium project. The company also holds the 248-acre Clayton Ridge gold project in Esmeralda County, Nevada; the 4,722-acre George Lake South antimony project and the 4,890-acre Sisson North tungsten project, both located in New Brunswick.

Adelayde Exploration Inc.

“James Nelson”

James Nelson
President, Chief Executive Officer and Director

For more information regarding this news release, please contact:

The CSE has neither approved nor disapproved of the contents of this press release.

Forward Looking Statements

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Adelayde. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Adelayde disclaims any intention or obligation to update or revise such information, except as required by applicable law.

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.  None of the securities sold in connection with the private placement will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.  None of the securities sold in connection with the private placement will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Vancouver, B.C. – September 11, 2025 – Adelayde Exploration Inc. (the “Company” or “Adelayde”) (ADDY:CSE) (SPMTF:OTCID) (A41AGV:WKN) wishes to announce that a private placement to fund its planned gold drill program in Esmeralda County, Nevada will also include the Investment Dealer Exemption.

James Nelson, President of Adelayde commented, “With gold prices reaching record highs and fewer than 29 million shares currently outstanding, we believe this is an ideal time to launch a drill program on our gold project in Esmeralda County, Nevada. Nevada continues to rank among the world’s top jurisdictions for gold and silver mining, making it a strategic location for exploration.

The funds from this financing will significantly strengthen our working capital position, providing us with greater flexibility to allocate resources efficiently across our portfolio and to ramp up our marketing efforts. Beyond Nevada, we also expect to be active on our Tungsten project in New Brunswick, which directly borders Northcliff Resources Ltd, a company that recently (August 7, 2025) secured approximately $29 million in combined funding from the U.S. Department of Defense and the Canadian government to advance their project. Additionally, we are advancing our Perron-East Gold Project in Quebec, located in close proximity to Amex Exploration’s deposit, which was recently updated to reflect significantly enhanced economics, including a post-tax IRR of 70.1% and a post-tax NPV of C$1.085 billion at US$2,500/oz gold (September 4, 2025). With Adelayde’s market capitalization currently under $2 million, any exploration success, whether in Nevada, New Brunswick, or Quebec has the potential to deliver a meaningful re-rating of our valuation.”

In addition to other prospectus exemptions commonly relied on in private placements, the Company will also make the private placement available to certain subscribers pursuant to BC Instrument 45-536 – Exemption from Prospectus Requirement for Certain Distributions Through an Investment Dealer (the “Investment Dealer Exemption”). In accordance with the requirements of the Investment Dealer Exemption, the Company confirms that there is no material fact or material change about the Company that has not been generally disclosed.

The Company announces a private placement financing (the “Financing”) to raise gross proceeds up to one million dollars through an issuance of up to twenty million units (each, a “Unit”) at a price of $0.05 per Unit.  Each Unit will be comprised of one common share in the capital of the Company (each, a “Share”) and one transferrable share purchase warrant (each, a “Warrant”).  Each Warrant will entitle the holder thereof to acquire one additional Share (each, a “Warrant Share”) at a price of $0.075 per Warrant Share until 5:00 p.m. (Vancouver time) five years from the closing of the Financing. All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after the closing of the Financing. Net proceeds will be used towards the Company’s general working capital. Finder’s fees may be paid to eligible finders in connection with the Financing.

Any questions regarding this placement please contact President James Nelson directly at 1-604-646-6903 or [email protected].

Qualified person for mining disclosure:

The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a director of the company and qualified person as defined by National Instrument 43-101.

About Adelayde Exploration Inc.

Adelayde’s projects include three lithium projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals and Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the 124-acre Green Clay lithium project. The company also holds the 248-acre Clayton Ridge gold project in Esmeralda County, Nevada; the 4,722-acre George Lake South antimony project and the 4,890-acre Sisson North tungsten project, both located in New Brunswick.

Adelayde Exploration Inc.

“James Nelson”

James Nelson
President, Chief Executive Officer and Director

For more information regarding this news release, please contact:

The CSE has neither approved nor disapproved of the contents of this press release.

Forward Looking Statements

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Adelayde. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Adelayde disclaims any intention or obligation to update or revise such information, except as required by applicable law.

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.  None of the securities sold in connection with the private placement will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.  None of the securities sold in connection with the private placement will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Vancouver, B.C. – September 10, 2025 – Adelayde Exploration Inc. (the “Company” or “Adelayde”) (ADDY:CSE) (SPMTF:OTCID) (A41AGV:WKN) wishes to announce a private placement to fund its planned gold drill program in Esmeralda County, Nevada.

James Nelson, President of Adelayde, stated, “With gold prices trading at record highs and with under 29 million shares currently outstanding, there has never been a better time for a drill program on our gold project in Esmeralda County, Nevada. Nevada is one of the premier addresses for silver and gold mining in the world. This financing will strengthen our working capital, allowing us to be more agile in the future when allocating resources for projects and a robust marketing effort. Given our current market capitalization of less than $2 million, any success in the ground could have an outsized impact on Adelayde’s valuation.”

The Company announces a private placement financing (the “Financing”) to raise gross proceeds up to one million dollars through an issuance of up to twenty million units (each, a “Unit”) at a price of $0.05 per Unit.  Each Unit will be comprised of one common share in the capital of the Company (each, a “Share”) and one transferrable share purchase warrant (each, a “Warrant”).  Each Warrant will entitle the holder thereof to acquire one additional Share (each, a “Warrant Share”) at a price of $0.075 per Warrant Share until 5:00 p.m. (Vancouver time) five years from the closing of the Financing. All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after the closing of the Financing. Net proceeds will be used towards the Company’s general working capital. Finder’s fees may be paid to eligible finders in connection with the Financing.

Any questions regarding this placement please contact President James Nelson directly at 1-604-646-6903 or [email protected].

About Adelayde Exploration Inc.

Adelayde’s projects include three lithium projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals and Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the 124-acre Green Clay lithium project. The company also holds the 248-acre Clayton Ridge gold project in Esmeralda County, Nevada; the 4,722-acre George Lake South antimony project and the 4,890-acre Sisson North tungsten project, both located in New Brunswick.

Adelayde Exploration Inc.

“James Nelson”

James Nelson
President, Chief Executive Officer and Director

For more information regarding this news release, please contact:

The CSE has neither approved nor disapproved of the contents of this press release.

Forward Looking Statements

 Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Adelayde. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Adelayde disclaims any intention or obligation to update or revise such information, except as required by applicable law.

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.  None of the securities sold in connection with the private placement will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

September 02, 2025 – Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTD) (WKN: A41AGV) (the “Company” or “Adelayde”) has granted a total of 1,275,000 stock options to its directors, officers, and consultants at an exercise price of five cents per share for a period of 12 months. The Company also granted a total of 2.625,000 restricted share units (the “RSUs”) to its directors, officers, and consultants. The RSUs will vest on January 3, 2026. The options and the RSUs have been granted in accordance with the Company’s amended and restated omnibus equity incentive plan and the policies of the Canadian Securities Exchange.

Contact Information
Tel: 1604646-6903

[email protected]
www.adelaydeexp.com

“James Nelson”
President
Adelayde Exploration Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

August 29, 2025 – Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTD) (WKN: A41AGV) (the “Company” or “Adelayde”) wishes to announce that it has entered into a loan agreement (the “Loan Agreement”) with an arm’s length lender to borrow $100,000 (the “Loan”). The Loan is unsecured and bears interest of 10% per annum. The term of the loan will be twelve (12) months from the closing of the Loan or three (3) business days following a written notice of the Company that the Company has raised a minimum of five hundred thousand dollars through one or more equity or debt financings. The Company may repay the Loan at any time before maturity, without penalty.

Pursuant to the Loan Agreement, the Company will issue 2,000,000 share purchase warrants to the lender. Each share purchase warrant will entitle the holder to purchase one common share of the Company at an exercise price of $0.05 per share for a period of five years from the closing of the Loan.

Closing of the Loan is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. All securities issued in connection with the Loan will be subject to a statutory hold period of four months plus one day from the closing of the Loan in accordance with applicable securities legislation.

Contact Information
Tel: 1604646-6903

[email protected]
www.adelaydeexp.com

“James Nelson”
President
Adelayde Exploration Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Corporate Update

July 23, 2025 – Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTD) (WKN: A41AGV) (the “Company” or “Adelayde”) has arranged a non-brokered listed issuer financing exemption (LIFE) private placement of up to 8,333,333 units at a price of $0.06 per unit (the “Offering”). Each unit will comprise of one common share of the Company and one transferable share purchase warrant to purchase one common share of the Company at a price of $0.08 for a period of 60 months from the Closing Date.

The Offering is expected to close on or about August 15, 2025, or such other date and is subject to certain conditions including, but not limited to, the receipt of all necessary Canadian Securities Exchange, regulatory and other approvals.  The proceeds of this placement will go towards general working capital and evaluation and work on existing projects.  Finders’ fees may be paid to eligible arm’s-length persons with respect to certain subscriptions accepted by the company.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the Units will be offered for sale to purchasers resident in Canada, other than Quebec, pursuant to the listed issuer financing exemption under section 5A.2 of NI 45-106 (the “Listed Issuer Financing Exemption”). Because the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the securities issued to Canadian resident subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws.

There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at https://www.adelaydeexp.com. Prospective investors should read this offering document before making an investment decision.

None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

Contact Information
Tel: 1604646-6903
www.adelaydeexp.com

“James Nelson”
President
Adelayde Exploration Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

VANCOUVER, BC, May 27 2025 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5), (the “Company” or “Spearmint”) announces that it intends to complete a consolidation of its issued and outstanding common shares (the “Shares”) on the basis of one new Share (a “Post-consolidated Share”) for every ten currently outstanding Shares (the “Consolidation”). The Company also announces it intends to change its name and its trading symbol in connection with the proposed Consolidation.

Completion of the Consolidation, name change and symbol change are subject to approval by the Canadian Securities Exchange (the “CSE”). The effective date of the Consolidation, name change and symbol change will be announced in a subsequent news release.

It is anticipated that the Consolidation will reduce the number of outstanding Shares from 287,828,583 Shares to approximately 28,782,858 Post-consolidated Shares, subject to adjustment for rounding. The Board of Directors of the Company believes that the consolidation of the Shares will both enhance the marketability of the Company as an investment and better position the Company to raise the funds necessary to execute the Company’s business plan.

No fractional Post-consolidated Shares will be issued as a result of the Consolidation.  As required under the Business Corporations Act (BC), any fractional Shares remaining after the Consolidation that are less than one half of a Share will be cancelled and any fractional Shares that are at least one half of a Share will be rounded up to one whole Share.

The exercise price and number of Shares of the Company, issuable upon the exercise of outstanding options and warrants and conversion of outstanding convertible debentures, will be proportionally adjusted upon the implementation of the proposed Consolidation in accordance with the terms thereof.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include that the Company intends to consolidate its share capital. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company may not obtain approval for the Consolidation from the CSE. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

[email protected]

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

April 14, 2025 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) wishes to announce that it has significantly increased the acreage of the ‘Sisson North Tungsten Project’ in New Brunswick directly bordering the Sisson Tungsten Mine.  This new project now consists of approximately 4,890 contagious acres increased from 2,582 prospective for tungsten.

James Nelson, President of Spearmint stated, “There continues to be strong demand for commodities caught in the middle of global tariff battles—particularly tungsten. Considering these developments, we believe there will be increasing emphasis on securing domestic sources of strategic materials. With commodity prices remaining elevated and gold at all-time highs, we anticipate a much more buoyant junior mining market. With multiple active projects, Spearmint is well positioned to take advantage of these market conditions.”

​In April 2025, China’s export controls on tungsten continued to impact global supply chains and market dynamics. These measures, initiated in February, require exporters to obtain licenses for shipping tungsten and other critical minerals abroad, citing national security and non-proliferation concerns.​

The restrictions have led to increased prices and supply uncertainties, particularly affecting industries reliant on tungsten, such as defense and clean energy sectors. Analysts anticipate that Chinese-supplied tungsten may be scarce in the global markets.

In response to these challenges, companies and countries are exploring alternative sources and strategies to mitigate the impact of China’s export controls on tungsten.

Tungsten has always been a valuable material due to its unique properties, such as its extremely high melting point, strength, and durability. It is used in a wide variety of applications, including manufacturing hard metals, electronics, lightbulb filaments, and in military and aerospace technologies. However, China’s actions regarding tungsten have made it even more valuable for several reasons.

In short, the combination of China’s tightening control over tungsten production and the growing demand for this critical material has made tungsten even more valuable on the global market.

Qualified person for mining disclosure:

The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a director of the company and qualified person as defined by National Instrument 43-101.

About Spearmint Resources Inc.

Spearmint’s projects include four projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals & Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; the 124-acre Green Clay lithium project; and the 248-acre Clayton Ridge gold project, the 4,722-acre George Lake South Antimony Project in New Brunswick and the 4,890 acre Sisson North Tungsten Project.

This project was acquired via staking.

For a cautionary note and disclaimer on the crypto diversification, please refer to the news release dated November 12, 2024.

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

[email protected]

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.