Goliath Resources Acquires 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Buys Down 1% Of The NSR, Golden Triangle, B.C.

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[{"type":"text","content":"Goliath Resources Acquires 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Buys Down 1% Of The NSR, Golden Triangle, B.C.\nTORONTO, March 10, 2026 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (Frankfurt: B4IF) (the \"Company\" or \"Goliath\"), further to its press release dated January 22, 2026 (the “Prior Press Release”), is very pleased to announce that it has received TSX Venture Exchange (“TSXV”) approval and has issued 3,000,000 common shares (the “Consideration Shares”) to The J2 Syndicate and J2 Syndicate Holdings Ltd. (the “Optionors”) pursuant to an amending agreement dated January 21, 2026 (the “Amending Agreement”) which amends its existing property option agreement with the Optionors (the “Option Agreement”) in respect of its Golddigger Property located in the Golden Triangle, B.C., which hosts the high-grade Surebet Gold Discovery. The Consideration Shares have a four month plus one day hold period from the date of issuance. As a result of the issuance of the Consideration Shares, Goliath has earned the remaining 51% ownership interest in the Golddigger Property and now holds a 100% interest in the property. In addition, Goliath has bought down 1% of the 3% Net Smelter Returns (“NSR”) reducing it to a 2% NSR held by the Optionors. Other key features of the Amending Agreement include: Goliath must publish a mineral resource estimate (“MRE”) on or before June 1, 2030, and thereafter on every three-year anniversary of June 1, 2030;Goliath will be required to pay the Optionors US$1 for every gold equivalent ounce over 4,000,000 gold equivalent ounces disclosed in an MRE rather than US$1 for every gold equivalent ounce over 2,000,000 gold equivalent ounces; and should there be a change of control prior to Goliath publishing an MRE, the acquirer would assume the obligations of the Company under the Option Agreement, including the requirement to deliver an MRE would be changed from June 1, 2030 to the third anniversary of the date of completion of such change of control. Proposed McEwen Inc. Warrant Extension The Company will not be proceeding with the proposed extension of the expiry date of the warrants issued to McEwen Inc., as first disc...

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