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GSR.V ·

Gold Strike Provides Update on Transaction to Acquire Florin, FLR and RJ Gold Projects

Mergers & Acquisitions

Gold Strike Provides Update on Transaction to

Acquire Florin, FLR and RJ Gold Projects

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) -

Gold Strike Resources Corp.

(TSXV:

GSR) (the "

Company

" or "

GSR

") is pleased to announce, further to its news releases dated March 3,

2026 and March 25, 2026, that it has received conditional approval from the TSX Venture Exchange (the

"

Exchange

") for its acquisition (the "

Acquisition

") of three contiguous mineral projects located within

the Tombstone Gold Belt, Yukon, Canada, being the Florin gold project, the FLR gold project and the RJ

gold project from LIRECA Resources Inc. ("

LIRECA

") and LIRECA's affiliate, Florin Resources Inc.

("

Florin Resources

" and, together with LIRECA, the "

LIRECA Group

").

In connection with the Acquisition, the Company is in the process of mailing its management information

circular (the "

Circular

") and related proxy materials (the "

Meeting Materials

") to holders

("

Shareholders

") of common shares of the Company ("

Shares

") in connection with the special meeting

of Shareholders to be held at 10:00 a.m. (Vancouver time) on April 30, 2026 (the "

Meeting

"). The

Meeting Materials are being mailed to Shareholders of record as of March 24, 2026. At the Meeting,

Shareholders (other than certain excluded shareholders) will be asked to consider, and if deemed

advisable, approve the Acquisition under the terms and conditions of the asset purchase agreement

dated March 2, 2026 between the Company and the LIRECA Group ("

Minority Shareholder

Approval

").

The Circular contains, among other things, details concerning the Acquisition, the background to and

reasons for the favourable recommendation of the Acquisition, the requirements for the Acquisition to

become effective, procedures for voting at the Meeting and other related matters. Shareholders are

urged to carefully review the Circular and accompanying materials as they contain important information

regarding the Acquisition and its consequences to Shareholders.

A copy of the Circular and related proxy materials will be made available under the Company's SEDAR+

profile at

www.sedarplus.ca

.

Closing of the Acquisition is subject to Minority Shareholder Approval, receipt of all necessary regulatory

approvals, including final approval of the Exchange, and other customary closing conditions, and is

expected to occur in May 2026.

About the Company

Gold Strike Resources Corp. is a mineral exploration and development company focused on high-

impact properties in Canada. With an award-winning technical team and experienced management and

board of directors, GSR is based in Vancouver and is listed on the TSX Venture Exchange (TSXV:

GSR).

GOLD STRIKE RESOURCES CORP.

(signed) "

Peter Miles

"

Peter Miles

Chief Executive Officer

For additional information on the Company, please contact Mr. Peter Miles, Chief Executive Officer at

(604) 408-6680 or email

[email protected]

.

To be added to the email distribution list, please email

[email protected]

with "Gold

Strike" in the subject line.

Cautionary Statements and "Forward-Looking" Information

This news release contains forward-looking statements within the meaning of applicable securities laws.

The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may",

"will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-

looking statements. In particular, this news release contains forward-looking statements concerning the

closing of the Acquisition, including the anticipated timing for closing of the Acquisition and receipt of

Minority Shareholder Approval and Exchange approval.

Although the Company believes that the expectations and assumptions on which the forward-looking

statements are based are reasonable, undue reliance should not be placed on the forward-looking

statements because the Company cannot give any assurance that they will prove correct. Since forward-

looking statements address future events and conditions, they involve inherent assumptions, risks and

uncertainties. Actual results could differ materially from those currently anticipated due to a number of

assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions

and risks associated with mineral exploration generally and results from anticipated and proposed

exploration programs, conditions in the equity financing markets, and assumptions and risks regarding

receipt of regulatory and shareholder approvals. Exploration activities in Yukon are subject to permitting

and regulatory approvals, seasonal access constraints, engagement with local communities and

Indigenous rights holders, and availability of financing.

Management has provided the above summary of risks and assumptions related to forward-looking

statements in this press release in order to provide readers with a more comprehensive perspective on

the Company's future operations.

The Company's actual results, performance or achievement could differ materially from those expressed

in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any

of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do

so, what benefits the Company will derive from them. These forward-looking statements are made as of

the date of this press release, and, other than as required by applicable securities laws, the Company

disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result

of new information, future events or results or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/290872