Canadian GoldCamps Corp. Enters Option Agreement with Stelmine for Quebec Mineral Projects

Vancouver — April 1, 2026 — Leads & Copy — Canadian GoldCamps Corp. (CSE:CAMP) (FSE: A68) has entered into a definitive mineral property option agreement with Stelmine Canada Ltd. (TSX-V:STH), granting Canadian GoldCamps an exclusive option to acquire up to an 80% interest in the Courcy and Mercator mineral projects located in Québec.

The Option Agreement, which supersedes the previously announced letter of intent dated December 19, 2025, outlines the definitive terms of the transaction.

Under the terms of the agreement, Canadian GoldCamps has secured an initial 10% interest in the Projects. The company may acquire an additional 70% interest, bringing its total interest to 80%, upon completing a preliminary economic assessment (PEA) or pre-feasibility study within six years, subject to standard extensions. Canadian GoldCamps will be responsible for all exploration expenditures and maintaining the Projects in good standing throughout the option period.

If Canadian GoldCamps decides not to proceed or withdraws from the Projects before completing and delivering a PEA, it must return the Projects to Stelmine in their entirety, in good standing, and free of any encumbrances arising from its activities. There is no guarantee that a PEA or pre-feasibility study will be completed, or that any mineral resources or reserves will be defined.

As previously disclosed, Canadian GoldCamps has already issued common shares representing 9.99% of its issued and outstanding share capital and paid $100,000 in cash to Stelmine in connection with the transaction. No additional securities are being issued in connection with the execution of the Option Agreement.

The Option Agreement includes milestone payments of $5,000,000 upon receipt of construction permits and $15,000,000 upon commencement of commercial production.

In connection with the transaction, Canadian GoldCamps has agreed to grant Stelmine:

i. a 2.0% net smelter returns royalty on the Mercator Project (1.0% buyback for $1,000,000); and

ii. a 1.0% net smelter returns royalty on the Courcy Project (0.5% buyback for $500,000).

The Courcy Project is also subject to an existing 0.25% net smelter returns royalty held by an independent third party, which is non-redeemable. The company clarified that its prior disclosure of the third-party net smelter returns royalty on the Courcy Project has been clarified in the definitive agreements.

The Option Agreement includes customary terms including provisions relating to governance, operatorship, claim maintenance, milestone payments and termination rights.

The transaction is subject to final acceptance by the Canadian Securities Exchange and other customary regulatory approvals.

George Yordanov, P.Geo., President and CEO, confirmed the release of information on behalf of the Board of Directors.

Canadian GoldCamps Corp. is focused on gold opportunities in Canada, employing a strategy to acquire and advance high-quality assets through disciplined, technically driven exploration.

Stelmine is a junior mining exploration company pioneering a new gold district east of James Bay.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the contents of this release.

Source: Canadian GoldCamps Corp.