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Affinity Metals Issues Shares to Northline Gold Property Optionors

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Affinity Metals (ARIZF) announced it has issued 300,000 shares to the owners of the Northline Gold property as partial consideration for its optioned purchase.

The issued shares are subject to a hold period that expires on October 9, 2026, under CSE policies and applicable securities laws.

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Positive

  • 300,000 shares issued as consideration for Northline Gold property option
  • Share issuance advances optioned purchase of Northline Gold property

Negative

  • Total shares outstanding increase by 300,000 shares

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Vancouver, British Columbia--(Newsfile Corp. - June 10, 2026) - Affinity Metals Corp. (CSE: AFF) (the "Company" or "Affinity Metals") announces that further to the Company's press release of June 1, 2026, the Company has now issued 300,000 shares to the owners of the Northline Gold property, as partial consideration for the optioned purchase of the Northline Gold property. These shares are subject to a hold period expiring October 9, 2026, in accordance with the policies of the CSE and applicable securities laws.

About Affinity Metals Corp.:

Affinity Metals is focused on the acquisition, exploration and development of strategic metal deposits within North America.

The Company holds the 100% owned Regal high grade silver property located near Revelstoke, British Columbia and has also recently optioned two prospective properties in Ontario.

ON BEHALF OF AFFINITY METALS CORP.

"Robert Edwards"
Robert Edwards, President & CEO

The Company can be contacted at: info@affinity-metals.com

Further information about Affinity Metals can be found on its website at: www.affinity-metals.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. The forward-looking statements in this news release are based on a number of key expectations and assumptions made by the Company as of the date hereof. Although the forward-looking statements contained in this news release are based on what the Company's management believes to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such statements.

The forward-looking statements in this news release are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those identified in the Company's most recent Management's Discussion and Analysis, which is available on SEDAR+ at www.sedarplus.ca. Readers, therefore, should not place undue reliance on any such forward-looking statements. These forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, The Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300855

FAQ

What did Affinity Metals (ARIZF) announce on June 10, 2026 about Northline Gold property shares?

Affinity Metals announced it issued 300,000 shares to the Northline Gold property owners as partial option consideration. According to Affinity Metals, this issuance relates to the optioned purchase of the Northline Gold property.

How many shares did Affinity Metals (ARIZF) issue for the Northline Gold property option?

Affinity Metals issued 300,000 shares to the Northline Gold property owners as partial consideration. According to Affinity Metals, this share payment forms part of the agreed terms for the optioned purchase of the property.

Are the new Affinity Metals (ARIZF) shares for the Northline Gold property under a hold period?

Yes, the 300,000 newly issued shares are subject to a hold period. According to Affinity Metals, this hold period expires on October 9, 2026, under CSE policies and applicable securities laws.

When does the hold period expire for the 300,000 Affinity Metals (ARIZF) shares issued for Northline Gold?

The hold period for these 300,000 shares expires on October 9, 2026. According to Affinity Metals, this restriction follows the policies of the CSE and applicable securities laws.