Allegiance Resources to acquire three British Columbia tungsten projects in share — and — cash deal

Allegiance Resources entered a definitive agreement to buy 100% of the Thanksgiving, Five T’s, Rio Grande tungsten projects in British Columbia. Portfolio adds 14 mineral claims covering about 1,905 hectares near Revelstoke and Shuswap Lake. Consideration includes 1,200,000 common shares issued on closing, valued at 0.175 per share for aggregate deemed consideration of 210,000. Deal also includes 60,000 cash payments, split between signing and six months later, and a 2% net smelter returns royalty. Closing targeted before Dec. 31, 2026, subject to a NI 43-101 technical report and customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allegiance Resources Corp. published the original content used to generate this news brief via (Ref. ID: 202610130130NEWSFILECNPR____20261013_318671_1) on October 13, 2026, and is solely responsible for the information contained therein. (C)