Talent Infinity Announces CEO Controlled Entity Debt Acquisition and Plans for Consolidation
FOR IMMEDIATE RELEASE
Talent Infinity Announces Acquisition of Outstanding Debt by CEO-Controlled Entity and Plans
for Corporate Consolidation
VANCOUVER, BC, October 22, 2025 - Talent Infinity Resource Developments Inc. (CSE:TICO,
the “Company” or “Issuer”) is pleased to announce that a company controlled by its Chief
Executive Officer, Mr. Derrick Gaon, has acquired the outstanding debt representing $213,046
of the loans payable previously held by a third-party creditor.
This strategic transaction strengthens the Company’s financial position and aligns management’s
interests with shareholders by consolidating key obligations under direct control of the CEO. The
acquisition eliminates uncertainty surrounding the debt and provides the Company with greater
flexibility in its ongoing financial and operational planning.
Following this acquisition, the Company is reviewing a consolidation and restructuring initiative
designed to simplify its capital structure and better position the Company for the next phase of
exploration and development work on the Wildcat Property.
“The acquisition of this debt marks an important step toward streamlining our balance sheet and
preparing the Company for renewed activity on our Wildcat project,” said Derrick Gaon, CEO. “We
believe this restructuring will support our strategic goals and enhance long-term shareholder value.”
Further details regarding the proposed consolidation and next steps will be announced as they are
finalized.
Talent Infinity Resource Developments Inc.
Contact: Derrick Gaon, CEO
Email: [email protected] Telephone: (416) 904-1478
About TICO
Talent Infinity Resource Developments Inc. is a mineral exploration company focused on the acquisition, exploration and
development of critical mineral properties. The Company is based in Vancouver, B.C. and holds an option over the Wildcat
Property located in British Columbia.
Disclaimers: This news release contains forward-looking statements based on assumptions and judgments of management
regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any
intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company
and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure
filings with Canadian securities regulators which is posted on www.sedarplus.ca. This news release does not constitute an offer
to sell or solicitation of an offer to buy any of the securities described stated herein and accordingly undue reliance should not
be put on such. No regulatory authority accepts responsibility for the adequacy or accuracy of this release. The Company does
not undertake to update this news release unless required by applicable law.