Shine Minerals Corp. to Acquire Red Cloud Silver Ltd.

VANCOUVER, British Columbia — December 11, 2025 — Leads & Copy —

Shine Minerals Corp. (TSXV: SMR.H) has announced its plans to acquire Red Cloud Silver Ltd. through a letter of intent. Shine will have the option to acquire all 11.1 million issued and outstanding common shares of RCS.

The Proposed Transaction, which is an arm’s-length acquisition, would allow Shine’s reactivation from the NEX board to a Tier 2 Mining Issuer. Shine will issue 6.5 million post-Consolidation common shares to RCS shareholders on a pro rata basis to acquire the option. If Shine completes $2,000,000 in exploration expenditures on the Project within one year, it may exercise its option to acquire 100% of the RCS Shares by issuing an additional 14,200,000 post-Consolidation Shares and paying $650,000 in cash to the RCS Shareholders on a pro rata basis.

Red Cloud Silver Ltd. holds an option on the Silver District Exploration Project in La Paz County, Arizona. The Proposed Transaction is conditional upon the completion of a 5-for-1 share consolidation, a non-brokered private placement for C$1,000,000, regulatory approval and due diligence. If the Proposed Transaction is completed, vendor shares will represent no more than 49.9% of Shine’s outstanding shares. No individual vendor will hold 9.9% or more of the outstanding Shares upon closing, and no person will become a Control Person as a result of the Proposed Transaction.

Dev Randhawa, Chief Executive Officer, info@shineminerals.ca

Source: Shine Minerals Corp.