Stockworks GOLD Inc. Announces Sale of Cabin Lake Property

WWW.STOCKWORKSGOLD.COM TSX-V: STW

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STOCKWORKS GOLD INC. ANNOUNCES SALE OF CABIN LAKE PROPERTY

Vancouver, British Columbia – (October 30, 2025) – Stockworks Gold Inc. (TSXV: STW) (“Stockworks” or the

“Company”) is pleased to announce that it has entered into an agreement (the “Purchase Agreement”) with FIN

Resources (Canada) Ltd. (the “Purchaser”), a subsidiary of FIN Resources Limited (“FIN”) an ASX listed company,

for the purchase and sale of the Company’s Cabin Lake Gold Property in the Northwest Territories (the

“Property”).

Under the terms of the Purchase Agreement, which remains subject to regulatory approval, the Purchaser is

required to:

a) pay the Company AUS$100,000 as a deposit (the “Deposit”) which gives the Purchaser a 90 day exclusivity

right to conduct due diligence on the Property prior to the closing of the transaction (the “Closing”). The

Deposit is non-refundable unless, by December 18, 2025, due diligence indicates that there are issues with

title, the Property is not in good standing or the Company fails to obtain shareholder approval for the sale

of the Property;

b) upon completion of the due diligence period if the Purchaser wishes to proceed on Closing pay the

Company AUS$200,000 and cause FIN to issue to the Company 30,000,000 common shares of FIN which

will be subject to a 12 month escrow. On Closing the Property will be transferred to the Purchaser subject

to the terms of the Purchase Agreement;

c) cause FIN to issue an additional AUS$150,000 of FIN common shares or pay the equivalent in cash (the

“Stage 1 Performance Consideration”) upon successful completion of a drilling program (the “Stage 1

Milestone”) within 2 years of Closing achieving a drill intercept equal to or greater than 20 met ers of

greater than 2 grams per ton gold (the “Stage 1 Performance Result”). The Purchaser has agreed to

complete a minimum of 1,500 meters of drilling to achieve the the Stage 1 Milestone (the “Initial Drilling

Program”) within 2 years of Closing subject to the Purchaser’s right to extend the period by 12 months by

paying the Company an extension payment of AUS$100,000. If the Stage 1 Performance Results are not

achieved the Stage 1 Performance Consideration will not be paid to the Company and if the Purchaser

fails to complete the Initial Drilling Program all rights to the Property will revert to the Company. If the

results from the Initial Drilling Program achieve a cumulative minimum of 500 gram metres of gold, the

Purchaser has agreed to complete a further AUS$1 million of drilling (the “Follow Up Drilling Program”)

within 24 months of completion of the Initial Drilling Program subject to having the right to extend that

period by 12 months by the payment of AUS$100,000 to the Company. If the Purchaser fails to complete

the required Follow Up Drilling Program the Purchaser must transfer a 30% interest in the Property to the

Company for further exploration and development of the Property by the Purchaser and the Company

pursuant to a 70/30 joint venture on the basis of standard joint venture terms including dilution provisions

for failure of funding by participants.

d) cause FIN to issue an additional AUS$150,000 of FIN common shares or pay the equivalent in cash (the

“Stage 2 Performance Consideration”) upon the definition by the Purchaser within 3 years of Closing of a

JORC 2012 compliant resource of greater than or equal to 250,000 ounces of gold at greater than or equal

to 2 grams per ton gold (the “Stage 2 Milestone”). If the Stage 2 Milestone is not achieved the Stage 2

Performance Consideration will not be paid to the Company;

e) cause FIN to issue an additional AUS$150,000 of FIN common shares or pay the equivalent in cash (the

“Stage 3 Performance Consideration”) upon the Purchaser completing, within five years of Closing, of a

Pre-Feasibiity Study demonstrating a project NPV of greater than AUS$50 million at a gold price of

US$3,000 per ounce (the “Stage 3 Milestone”). If the Stage 3 Milestone is not achieved the Stage 3

Performance Consideration will not be paid to the Company; and

f) provide the Company a 5% net cash flow royalty to take effect upon commencement of commercial

production of the Property.

Nasim Tyab, CEO, comments: “The monetization of the Cabin Lake Gold project is a strategic step

by the Company to focus on the exploration of the Pirenopolis Gold project in Brazil.”

About Stockworks Gold

Stockworks is a publicly traded junior mining company that trades on the TSXV under the symbol STW. The

Company is currently focused on its early stage Pirenópolis gold project in Brazil.

You can follow Stockworks on:

X: https://x.com/stockworksgold

ON BEHALF OF THE BOARD OF DIRECTORS

“Nasim Tyab”

Chief Executive Officer and Director

For further information, please contact:

Email: [email protected]

Phone: +1 (778) 754-7787

Statement Regarding Forward-Looking Information

This news release contains statements that constitute "forward -looking statements." Such forward-looking

statements involve known and unknown risks, uncertainties, and other factors that may cause Stockworks 's actual

results, performance, achievements, or developments in the industry to differ materially from the anticipated

results, performance, or achievements expressed or implied by such forward-looking statements. Forward-looking

statements are statements that are not historical facts and are generally, but not always, identified by the words

"expects," "plans," "anticipates," "believes," "int ends," "estimates," "projects," "potential" and similar

expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. There can be no

assurance that such statements prove to be accurate. Actual results and future events could differ materially from

those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-

looking statements. Any factor could cause actual results to differ materially from Stockworks’s expectations.

Stockworks undertakes no obligation to update these forward-looking statements in the event that management's

beliefs, estimates, opinions, or other factors, should change.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS

OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER

SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND

SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO,

IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN

ACCORDANCE WITH APPLICABLE LAWS.

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