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Canadian GoldCamps Provides Update on Definitive Agreement to Acquire 70% interest in Murphy Lake Property

Mergers & Acquisitions

Canadian GoldCamps Provides Update on Definitive Agreement to

Acquire 70% interest in Murphy Lake Property

Vancouver, British Columbia and Toronto, Ontario – December 5, 2025 – Canadian

GoldCamps Corp. (“Canadian GoldCamps ”, or the “ Company”) (CSE: CAMP ) (FSE: A68)

(OTC: SMATF) announces that, further to its news release dated October 23, 2024, the amended

definitive agreement dated October 21, 2024 (the “Agreement”) with F3 Uranium Corp.’s wholly-

owned subsidiary, F4 Uranium Corp., to earn up to a 70% interest in F4’s Murphy Lake Property

located in the Athabasca Basin, Saskatchewan, has been terminated.

As a result, the previously announced transaction will not proceed, and the Company's common

shares are expected to resume trading upon completion of standard review by the Canadian

Securities Exchange.

About Canadian GoldCamps Corp.

Canadian GoldCamps Corp. is a Canadian-based junior exploration company engaged in the

evaluation, acquisition, and exploration of mineral properties of merit.

For further information, please contact:

Canadian GoldCamps

Mike Taylor, Interim CEO

604-687-2038

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of

the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements, including statements regarding the termination of the definitive

agreement with F4 Uranium Corp., the resulting non -completion of the previously announced transaction, and the

anticipated resumption of trading of the Company’s common shares following review by the CSE. Wherever possible,

words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", or

"potential", or the negative or other variations of these words, or similar expressions, have been used to identify these

forward-looking statements. These statements reflect management's current beliefs and are based on information

available to management as of the date hereof.

Forward-looking statements involve significant risks, uncertainties, and assumptions. Many factors could cause actual

results, performance, or achievements to differ materially from those expressed or implied by the forward -looking

statements. These factor s include, among others: risks related to regulatory review processes and timing; the

Company’s ability to meet continued listing requirements; changes in business plans or market conditions; and other

risks and uncertainties inherent in early-stage resource companies. Readers are cautioned not to place undue reliance

on these forward -looking statements. Although the forward -looking statements contained in this news release are

based on what management believes to be reasonable assumptions, the Company cannot provide any assurance that

actual results will be consistent with these forward -looking statements. The Company undertakes no obligation to

update or revise any forward-looking statements, except as required by applicable law.