Kesselrun Resources Announces Clarification of Gold X2 Mining Inc. Project Name in Special Meeting Materials

Rhea-AI Summary

Kesselrun Resources (OTCQB: KSSRF; TSXV: KES) issued a clarification on November 3, 2025 regarding its management information circular dated October 21, 2025 for the special meeting of shareholders scheduled for November 21, 2025 at 10:00 a.m. PST.

The company said references to the acquiror Gold X2 Mining Inc.'s mineral project labeled the "Goldshore Mining Project" should instead be read as the "Moss Gold Project", and that Gold X2 confirmed the project name remains Moss Gold Project with no plans to change it. All other circular and meeting materials remain accurate and unchanged.

The Circular and meeting materials are available on SEDAR+ and on Kesselrun's investor website for shareholder review and voting assistance.

• The Board of Directors of Kesselrun Resources Ltd. recommends that Shareholders vote FOR the Arrangement Resolution.
• For assistance in voting, please contact Laurel Hill Advisory Group by phone at 1-877-452-7184 (North American toll-free), 1-416-304-0211 (by text or collect outside North America), or by email at assistance@laurelhill.com

Vancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Kesselrun Resources Ltd. (TSXV: KES) (OTCQB: KSSRF) ("Kesselrun") wishes to clarify certain disclosure contained in its management information circular dated October 21, 2025 (the "Circular") in connection with the Company's special meeting of shareholders scheduled for 10:00 a.m. (PST) on November 21, 2025.

In the Circular, the mineral project of Kesselrun's proposed acquiror, Gold X2 Mining Inc. ("Gold X2"), was referred to as the "Goldshore Mining Project." Gold X2 has confirmed that the name of its mineral project remains the "Moss Gold Project," and there are no plans to change this name. Accordingly, all references to the "Goldshore Mining Project" in the Circular should be read as references to the "Moss Gold Project."

All other information in the Circular and associated meeting materials remains accurate and unchanged.

The Circular and meeting materials are available under Kesselrun's profile on SEDAR+ at www.sedarplus.ca and are accessible on Kesselrun's website at https://www.kesselrunresources.com/investors/corporate-filings/.

About Kesselrun Resources Ltd.

Kesselrun Resources Ltd. is a Thunder Bay, Ontario-based mineral exploration company focused on growth through property acquisitions and discoveries. Kesselrun's management team possesses strong geological and exploration expertise in Northwest Ontario. For more information about Kesselrun, please visit www.kesselrunresources.com.

Kesselrun holds a 100% interest in the Huronian Gold Project (the "Huronian Gold Project"), covering 293 contiguous unpatented mining claims plus four patented mining claims totalling approximately 5,160 hectares located in Moss Township, Thunder Bay Mining Division, Ontario and a 100% interest in the Bluffpoint Gold Project (the "Bluffpoint Gold Project"), comprising of 449 mining claims covering approximately 9,227 hectares located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake and Barker Bay in the Kenora Mining Division of Northwestern Ontario. The Huronian Gold Project is situated in the highly prolific Shebandowan Greenstone Belt located in the AbitibiWawa Subprovince of the Archean Superior Province and covers the southwest strike extension of the geology that hosts Gold X2's Moss Gold Project.

Questions & Voting Assistance Shareholders of Kesselrun who have questions may contact: Laurel Hill Advisory Group North American Toll Free | 1-877-452-7184 Collect Outside North America or Text | 1-416-304-0211 By Email | assistance@laurelhill.com

 

For More Information - Please Contact:

Kesselrun Resources Ltd. Michael Thompson P.Geo., President & CEO E: michaelt@kesselrunresources.com W: www.kesselrunresources.com T: 807.285.3323 Corporate Communications 1.866.416.7941 information@kesselrunresources.com

 

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272931

FAQ

What did Kesselrun clarify in the November 3, 2025 notice for KSSRF?

Kesselrun clarified that references to the "Goldshore Mining Project" in the October 21, 2025 circular should read as the "Moss Gold Project".

When is Kesselrun's special meeting of shareholders for KSSRF scheduled?

The special meeting is scheduled for November 21, 2025 at 10:00 a.m. PST.

How can KSSRF shareholders get assistance voting for the November 21, 2025 meeting?

Shareholders can contact Laurel Hill Advisory Group at 1-877-452-7184 (North America toll-free), 1-416-304-0211 (text/collect), or email assistance@laurelhill.com.

Where can investors find Kesselrun's Circular and meeting materials for KSSRF?

Materials are available under Kesselrun's profile on SEDAR+ and on the company's investor filings page at https://www.kesselrunresources.com/investors/corporate-filings/.

Does Gold X2 plan to change the Moss Gold Project name according to the KSSRF clarification?

No, Gold X2 confirmed the project name remains the Moss Gold Project and there are no plans to change it.

Does the Kesselrun clarification change any other information in the October 21, 2025 circular for KSSRF?

No, the notice states all other information in the circular and meeting materials remains accurate and unchanged.