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Vancouver, British Columbia--(Newsfile Corp. - September 2, 2026) - Lightning Resource Corp. (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI1) ("Lightning" or the "Company") is pleased to announce the successful completion of the acquisition of certain non-Yukon assets from Prospector Metals Corp. ("Prospector") including the Savant Project, Devon Project, Whitton Project and TooGood Project (the "Acquisition") and the release of gross proceeds of $4,000,000 (the "Financing Proceeds") raised under the Financing (as defined below) to the Company. Strategic Acquisition Positions Lightning as an Emerging Canadian-Focused Explorer Rob Carpenter, Interim CEO of Lightning, stated: "The Acquisition marks a significant milestone for Lightning, positioning the Company as a rising force in Canada's gold exploration.
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) ("Prospector") and Lightning Resource Corp. (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI1) (formerly BeMetals Corp.) ("Lightning" and, together with Prospector, the "Companies") announced today that it has set a proposed closing timeline for the transaction previously announced in each of the Companies' news releases dated April 16, May 20, and July 31, 2026 (the "Transaction") pursuant to which Lightning will acquire all of Prospector's remaining non-Yukon assets comprised of (i) the mineral titles and permits for the Savant, TooGood, Whitton, and Devon Projects; (ii) 5,367,000 common shares of TooGood Gold Corp.; (iii) Prospector's proprietary geological database; and (iv) $150,000 in cash, in consideration for the issuance of 29,400,000 common shares of Lightning (the "Consideration Shares") to Prospector. Following closing, in accordance with an Order of the Supreme Court of British Columbia, Prospector will distribute the Consideration Shares to the holders of its common shares as a one-time special distribution as a return of capital on the basis of 0.174977 of a Consideration Share for each common share of Prospector held (the "Payment Ratio").
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) ("Prospector") and Lightning Resource Corp. (formerly BeMetals Corp.) (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI.F) ("Lightning" and, together with Prospector, the "Companies") in connection with Lightning Resources Corp. commencing trading at the market open under its new name and stock symbol "LTNG", the Companies today announced that they have agreed to extend (i) the Escrow Deadline (as defined herein) for the previously announced non-brokered private placement of subscription receipts (the "Offering"); and (ii) the outside date for the completion of the previously announced acquisition of assets pursuant to the share purchase agreement dated April 15, 2026 between the Companies and Lightning Exploration Corp. (formerly Prospector Subco Ltd.) ("Subco") whereby BeMetals will acquire all of the issued and outstanding shares of Subco, a wholly-owned subsidiary of Prospector which will hold Prospector's remaining viable non-Yukon mineral exploration projects (the "Transaction"), in each case August 31, 2026.
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