VANCOUVER, BRITISH COLUMBIA – October 28, 2025 – TheNewswire - Bighorn Metals Corp. (“Bighorn Metals” or the “Company”), a reporting issuer in British Columbia, announces that it has entered into an amending agreement dated October 22, 2025 with an arm’s length optionor. The amendment reduces the required work expenditures for the year ending December 31, 2026 from $200,000 to $115,000 under the property option agreement dated March 31, 2025, as amended (the “Option Agreement”).
All other terms of the Option Agreement remain the same.
The Option Agreement grants the Company the option to acquire a 100% interest in mineral tenure 1067782, located approximately 40 km south of Smithers, British Columbia in the Omineca Mining Division (the “Loljuh Project”). The Company wishes to clarify that the Loljuh Project consists of mineral tenure 1067782, not 1067785 as previously noted in its April 3, 2025 news release.
The Company also announces that it has entered into a line of credit Agreement dated October 21, 2025 (the “LOC”) with an arm’s length party (the “Lender”), pursuant to which the Lender has established a revolving line of credit of up to C$200,000 (the “Facility”) for the Company.
The Facility bears interest at 10% per annum and is unsecured. The Facility is available for a period of two years from the effective date of the LOC and may be drawn, repaid, and redrawn by the Company at any time during its term. All principal and accrued interest are repayable on the earlier of (i) 90 days following a written demand by the Lender, or (ii) the second anniversary of the effective date of the Agreement.
The proceeds of the Facility will be used for general working capital purposes, including the advancement of the Company’s ongoing corporate and project initiatives.
The Facility represents a non-dilutive source of short-term funding for Bighorn Metals and provides additional financial flexibility to support the Company’s near-term objectives. The Agreement does not grant any security or issue any equity securities to the Lender.
About Bighorn Metals Corp.
The Company holds an option to acquire the Loljuh Property, which is located in the Omineca Mining Division of British Columbia. The Property consists of one claim covering a surface of 1,656.73 hectares in the Omineca Mining Division of Central British Columbia, Canada, 40 km south of the community of Smithers or 29 km west of the community of Houston. The property is prospective for porphyry copper-gold mineralization.
Geochemical work conducted in 2019 outlined several areas of anomalous gold and copper in soil. These surveys were widespread with lines 400 meters apart and samples taken on 200-meter centers. Rock sampling in 2019 also returned anomalous values of copper and gold from several sites within the plateau area. The aeromagnetic survey outlined several areas of alteration.
The Company has recently completed work on the property that consisted of ground mapping, geological prospecting and sampling, a 50 x 50-meter grid placed over the entire plateau area, a 25 x 50-meter grid placed over the Loljuh area, and a 25 x 25-meter grid placed over the Bornite Zone.
On behalf of the Board of Directors of:
Bighorn Metals Corp.
“Kosta Tsoutsis”
Kosta Tsoutsis
Chief Executive Officer
Phone: (604) 687-2038
This news release contains forward-looking statements within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on expectations, estimates, and projections as at the date of this news release and include, without limitation, statements regarding: the Option Agreement (as amended) and the Company’s ability to earn a 100% interest in the Property; future share issuances, cash payments and work expenditures; the potential repurchase of a portion of the NSR Royalty; the Company’s use of proceeds from the Facility; the Company’s ability to access and draw down funds under the Facility; and the geological prospectivity of the Property and surrounding region..
These forward-looking statements are subject to a number of known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to: the Company’s ability to meet its obligations under the Option Agreement (as amended); the Company’s ability to satisfy the conditions of and maintain access to the Facility; receipt of all necessary regulatory approvals; changes in economic or market conditions; fluctuations in commodity prices; and general exploration risks associated with early-stage mineral properties.
Forward-looking statements are based on a number of assumptions which may prove to be incorrect, including assumptions regarding: the Company’s ability to raise sufficient capital to fund its obligations under the Option Agreement (as amended), make use of the Facility, and conduct planned exploration activities; the reliability of historical information; and the Company’s current and future exploration and corporate plans and objectives.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law. For further information on risks and uncertainties, investors are advised to review the Company’s MD&A and other continuous disclosure filings available under the Company’s profile at www.sedarplus.ca.
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