Calgary, Alberta – TheNewswire - August 21, 2025 - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (“Guardian” or the “Corporation”) is pleased to announce that it has acquired certain exploration data from New Break Resources Ltd. (CSE: NBRK) (“New Break”) with respect to the Esker gold project and surrounding areas in Kivalliq, Nunavut (the “Acquired Data”).

The Esker gold project includes the Esker gold occurrence, discovered in 1997 by Comaplex Minerals Corp.  The Acquired Data includes assessment data, data in respect of drilling and various geographic information system (GIS) data.

In consideration for the Acquired Data, Guardian made a cash payment of $20,000 to New Break and issued to New Break, 1,000,000 common shares in the share capital of the Corporation.

 

The acquisition of the Acquired Data is an Arm’s Length Transaction under the policies of the TSX Venture Exchange (the “Exchange”).  Completion of the acquisition was subject to receipt of conditional approval from the Exchange.  Conditional Exchange approval was received.  The Corporation expects to receive final Exchange approval after submission of final materials.

 

About Guardian Exploration Inc.

Guardian is a TSXV listed company (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) in the business of oil and gas as well as mineral exploration and development.  Guardian’s prospects include the Mount Cameron Property located in the Yukon’s Mayo Mining District, mineral claims located on southern Dall Island, Southeast Alaska, USA, known as the Kaigani claims, and the Sundog and Esker gold projects located in Kivalliq Region, Nunavut.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Graydon Kowal

President and CEO

(403) 730-6333

 

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

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law.   Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.   Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to receipt of regulatory and stock exchange approvals, grants of equity-based compensation, renouncement of flow-through exploration expenses, property agreements, timing and content of upcoming work programs, geological interpretations, receipt of property titles, an inability to predict and counteract the effects global events on the business of the Company, including but not limited to the effects on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains etc.  Forward-looking information addresses future events and conditions and therefore involves inherent risks and uncertainties including factors beyond the Company’s control.  Accordingly, readers should not place undue reliance on forward-looking information.  The Company undertakes no obligation to update publicly or otherwise any forward-looking information, except as may be required by law.  Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s financial statements and management’s discussion and analysis (the “Filings”), such Filings available upon request.