January 12, 2026 - Avventura Expands Land Position at Horwood Through Amended Option Agreement
AVVENTURA RESOURCES LTD. EXPANDS LAND POSITION AT HORWOOD
THROUGH AMENDED OPTION AGREEMENT
Vancouver, British Columbia, January 12, 2026: Avventura Resources Ltd. ("Avventura" or the
"Company") (CSE:AA), a Canadian mineral exploration company, is pleased to announce that has
executed a Second amendment Agreement dated January 8th, 2026 to its existing option agreement dated
May 4, 2022 (as previously amended on May 4th, 2023) with Gravel Ridge Resources Ltd. and 1544230
Ontario Inc.
The amended agreement significantly expands the Company’s mineral claim footprint in Horwood
Township, located within the Timmins mining camp in northern Ontario, by adding additional
mineral claims and revising certain economic terms under which Avventura may earn a 100% interest in
the Horwood Property. The expanded land position strengthens Avventura’s foothold in one of Canada’s
most prolific gold-producing districts.
Under the amended option structure, Avventura may acquire the full interest by making staged cash
payments totaling $230,000 and issuing 2,000,000 common shares to the Optionors over the term of the
agreement.
Of the total share consideration, 500,000 common shares were issued on the date Avventura’s shares
listed on the Canadian Securities Exchange, with the remaining 1,500,000 common shares to be issued on
or before January 19, 2026, subject to applicable regulatory and exchange requirements. The shares will
be issued at a deemed price of $0.10, being the market price on the date of issuance. The Common
Shares issued pursuant to the amendment agreement will be subject to a four month and one day hold.
Sean Flynn, Chief Executive Officer of Avventura Resources, stated:
"This expansion represents an important milestone for Avventura. We now control a materially larger
strategic land position in a highly prospective jurisdiction. With this amended agreement finalized, we are
moving forward confidently into our next phase of exploration work and value creation for shareholders."
Additional project planning and seasonal field sequencing are underway, with future communication
expected as operational timelines are finalized.
About Avventura Resources Ltd.
Avventura Resources Ltd. is a Canadian mineral exploration company focused on the acquisition and
development of high-potential exploration projects. The Company is committed to responsible resource
development and creating long-term value for its shareholders.
On Behalf of Avventura Resources Ltd.
Sean Flynn ‒ Chief Executive Officer
Tel: 250-857-2237
Email: [email protected]
LC2316804-1
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and policies affecting mining operations, currency fluctuations, title disputes or claims, environmental issues
and liabilities, changes in laws, regulations and policies affecting mining operations, title disputes, the
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and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint
venture operations, and other risks and uncertainties disclosed in the Company's continuous disclosure
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any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or
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