Selkirk Copper Mines Initiates Trading
Selkirk Copper Mines Initiates Trading
November 4, 2025 - Vancouver, BC and Pelly Crossing, YT – Venerable Ventures Ltd. (doing business as
“Selkirk Copper Mines”) (TSX-V: SCMI) (“Selkirk Copper” or the “Company”) is pleased to announce that
the Company’s common shares will resume trading on the TSX Venture Exchange (“TSXV”) under the new
ticker symbol “SCMI” at the opening of markets today.
Trading resumes following the completion of the Company’s previously announced reverse take -over
transaction involving the acquisition of a 100% interest in the former Minto copper -gold-silver mine in the
Yukon from Selkirk First Nation affiliates. Details of the transaction, including information on the resulting
issuer, are provided in the Company’s news release dated October 29, 2025, and in its Filing Statement available
under the Company’s profile on SEDAR+.
Corporate Update
The Company, which will continue to use the legal name , “Venerable Ventures Ltd.” until completion of its
pending name change to “Selkirk Copper Mines Inc.”, is advancing a comprehensive restart plan for the former
Minto copper-gold-silver mine in partnership with the Selkirk First Nation. Current priorities include a 50,000-
metre drill program, Trade -Off Studies and Feasibility Study work, updated mine plans, and permitting to
support a potential restart decision in early 2027.
About Selkirk First Nation
Selkirk First Nation is centered in Pelly Crossing, a community in central Yukon, 280km north of Whitehorse.
They are a self -governing First Nation, having signed its Final and Self -Government Agreements in 1997.
Selkirk owns 4,740 square kilometers of Settlement Land, including 2,408 square kilometers where Selkirk
owns both the surface and subsurface. Selkirk First Nation is one of three self -governing Northern Tutchone
First Nations in the Yukon. The Selkirk First Nation, indirectly, hol ds a controlling equity stake in Selkirk
Copper.
About Selkirk Copper
Selkirk Copper is a well-financed, newly formed company with a controlling interest held by the Selkirk First
Nation, that, in partnership with the Selkirk First Nation, is completing a thorough exploration drilling campaign
and a restart and redevelopment plan for the former Minto copper -gold-silver mine based on best -in-class
environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850
hectares of prospective mineral claims located in the Minto -Carmacks copper belt as well as significant open-
pit and underground infrastructure, a 4,100 tonne per day processing plant, 400- person camp, water treatment
facilities, numerous ancillary buildings, and mobile equipment centered on the former Minto copper-gold-silver
mine. Selkirk Copper’s mineral tenure, operation infrastructure, access roads and powerline, is located on or
adjacent to Lands of the Selkirk First Nation much of which is surrounded by prospective Selkirk First Nation
Category A Lands.
On behalf of the Board of Directors of Venerable Ventures Ltd.
M. Colin Joudrie
President and Chief Executive Officer
12046890v4
For more information, please contact:
M. Colin Joudrie, President & CEO
(604) 760-3157
Justin Stevens, Vice-President Corporate Development
(604) 240-2959
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for the statements of historical fact, this news release contains “forward -looking information” within
the meaning of applicable C anadian securities legislation. When used in this news release, the words
“estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and
the negative of these words, or variations thereon or comparable terminology are intended to identify forward-
looking statements and information. The forward - looking statements and information in this news release
include information relating to: the name change, the business plans and objectives of the Company. Such
forward-looking information is based on the Company’s expectations, estimates and projections as at the date
of this news release.
By their nature, forward-looking statement involve known and unknown risks, uncertainties and other factors,
which may cause actual re sult, performance or achievements to differ materially from those expressed or
implied by such statements, including but not limited to: the potential inability of the Company to continue as a
going concern, risks associated with potential governmental and /or regulatory action with respect to the
Company’s operations, the potential inability of the Company to implement its business plan going forward,
and failure to achieve the proposed benefits of the Transaction, Such statements and information reflect th e
current view of the Company and are based on information currently available to the Company. In connection
with the forward-looking information contained in this news release, the Company has made assumptions about
the Company’s ability to execute on its business plans. The Company has also assumed that no significant events
will occur outside the Company’s normal course of business. Although the Company believes that the
assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a
guarantee of future performance and accordingly undue reliance should not be put on such information due to
the inherent uncertainty therein.
Any forward-looking information speaks only as of the date on which it is made and, except as may be required
by applicable securities laws, the Company disclaims any intent or obligation to update any forward- looking
information, whether as a result of new information, future events or results or otherwise.