American Pacific Announces Share Payments to Three Former Employees
LEGAL_48491017.1
American Pacific Announces Share Payments to Three Former Employees
(All dollar amounts are expressed in Canadian dollars unless otherwise indicated)
Vancouver, British Columbia – December 26, 2025 —American Pacific Mining Corp. (CSE: USGD
/ OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) announces that, pursuant
to the terms of employment with three of its former employees (collectively, the “ Employment
Agreements”), the Company will be issuing an aggregate of 1,281,722 common shares in the
capital of the Company (each, a “ Common Share”) at a deemed price of $0.175 per Common
Share to such former employees on or about January 5, 2026, subject to receipt of all applicable
regulatory approvals, in full satisfaction of employment -related liabilities totaling $224,301.35
(the “Employee Issuance”). The Employee Issuance is expected to close on or about January 5,
2026.
The securities referred to in this news release have not been, nor will they be, registered under
the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be
offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the
absence of U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of, the securities in the United States or in any other jurisdiction in which
such offer, solicitation or sale would be unlawful. “United States” and “U.S. person” are as
defined in Regulation S under the U.S. Securities Act.
About American Pacific Mining Corp.
American Pacific Mining Corp. is a precious and base metals explorer and developer focused on
opportunities in the Western United States. The Company ’s flagship asset is the 100% -owned
past-producing Madison Copper-Gold Project in Montana. For the Madison transaction, American
Pacific was selected as a finalist in both 2021 and 2022 for ‘Deal of the Year’ at the S&P Global
Platts Metals Awards, an annual program that recognizes exemplary accomplishments in 16
performance categories. Through a 2025 transaction with Vizsla Copper, American Pacific has
established a major equity position and secured $15M in aggregate milestone upside exposure
to the advanced exploration stage Palmer Copper-Zinc VMS Project in Alaska. Also, in American
Pacific’s portfolio are several high-grade, precious metals projects located in key mining districts
in Nevada, on which the Company intends to transact . The Company’s mission is to provide
shareholders discovery and exploration upside exposure across its portfolio through
partnerships, spin-outs and direct exploration.
American Pacific is incorporated pursuant to the laws of British Columbia and its head office is
located at Suite 910 – 510 Burrard Street Vancouver, BC, V6C 3A8.
On behalf of the American Pacific Mining Corp Board of Directors:
Warwick Smith, CEO & Director
LEGAL_48491017.1
Corporate Office: Suite 910 – 510 Burrard Street
Vancouver, BC, V6C 3A8 Canada
Investor relations contact:
Kristina Pillon, High Tide Consulting Corp.
604.908.1695 / [email protected]
Media relations contact:
Adam Bello, Primoris Group Inc.
416.489.0092 / [email protected]
Full disclosure can be found in our NI 43-101 Technical Report for the Madison Project at
www.americanpacificmining.com.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this
news release.
FORWARD-LOOKING STATEMENTS
This news release includes certain statements and information that constitute forward -looking
information within the meaning of applicable Canadian securities laws. All statements in this news release,
other than statements of historical facts, are forward -looking statements. Such forward -looking
statements and forward-looking information specifically include, but are not limited to, statements that
relate to the completion of the Acquisition and the concurrent financing, and timely receipt of all necessary
approvals.
Any statements or information that express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always,
using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends",
"targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain
actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the
negative of any of these terms and similar expressions) are not statements of historical fact and may be
considered forward-looking information. The Company's forward-looking information is based on the
assumptions, beliefs, expectations and opinions of management as of the date of this press release and
include but are not limited to information with respect to, the Employee Share Issuance, and receipt of all
necessary approvals therefor. Other than as required by applicable securities laws, the Company does not
assume any obligation to update forward -looking information if circumstances or management's
assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such
statements or information. For the reasons set forth above, investors should not place undue reliance on
forward-looking information.