Kesselrun Assets Ltd. (TSXV: KES,OTC:KSSRF) (OTCQB: KSSRF) (“Kesselrun”) is happy to announce that additional to its information launch dated October 1, 2025, it has filed with the relevant Canadian securities regulatory authorities a administration data round dated October 21, 2025 (the “Round”) and associated assembly supplies (along with the Round, the “Assembly Supplies”) of Kesselrun to be used on the particular assembly (the “Assembly”) of Kesselrun shareholders (the “Shareholders”) to be held in reference to the proposed plan of association (the “Association”) beneath the Enterprise Companies Act (British Columbia) involving Kesselrun and Gold X2 Mining Inc. (“Gold X2”).
On the Assembly, Shareholders shall be requested to contemplate a particular decision (the “Association Decision“) approving the Association pursuant to which Gold X2 will purchase the entire issued and excellent widespread shares of Kesselrun (the “Shares“). Pursuant to the Association, every Shareholder will obtain roughly $0.0213 in money and roughly 0.2152 of a typical share of Gold X2 (“Gold X2 Shares“) in alternate for every Share held (the “Change Ratio“). On October 20, 2025, Kesselrun obtained an interim order of the Supreme Court docket of British Columbia offering for the calling and holding of the Assembly and different procedural issues associated to the Association.
The board of administrators of Kesselrun (the “Board“) recommends that Shareholders vote FOR the Association Decision.
Extra particulars with respect to the Association, the explanations for the advice of the Board in addition to the potential advantages and dangers of the Association are described within the Round, which Shareholders are inspired to learn in its entirety.
Particulars of the Assembly
The Assembly is scheduled to be held at 609 Granville Avenue, ninth ground, Suite 940, Vancouver, BC V7Y 1H2, at 10:00 a.m. (Vancouver time) on November 21, 2025, topic to adjournment or postponement. Shareholders are inspired to fastidiously learn the discover of assembly, the Round and different Assembly Supplies for data in regards to the Association, the Association Decision and voting. Solely Shareholders of document as on the shut of enterprise on October 15, 2025 are eligible to vote on the Assembly.
Assembly Supplies
Kesselrun has commenced the mailing of copies of the Assembly Supplies to Shareholders entitled to vote on the Association on the Assembly. Nevertheless, as a result of ongoing Canada Submit labour strike and ensuing postal service disruption, the Assembly Supplies is probably not delivered to Shareholders previous to the Assembly. Nevertheless, Shareholders will nonetheless be capable of vote their Shares, both immediately or by proxy, or not directly through their middleman.
The Assembly Supplies can be found beneath Kesselrun’s profile on SEDAR+ at www.sedarplus.ca. The Assembly Supplies have additionally been posted in a outstanding location on Kesselrun’s web site and are accessible electronically at https://www.kesselrunresources.com/buyers/corporate-filings/.
Shareholders who haven’t acquired their Assembly Supplies or who want to obtain further data (together with with respect to requesting a proxy or voting instruction type for the Assembly and/or acquiring their voting management quantity and directions for voting) might contact Kesselrun’s proxy solicitation agent, Laurel Hill Advisory Group, to request such supplies and data. Kesselrun will ship, by e-mail, a replica of the Assembly Supplies to any shareholder who requests a replica thereof with out cost.
How you can Vote
| VOTING METHOD | BENEFICIAL SHAREHOLDERS | REGISTERED SHAREHOLDERS |
| Shares held with a dealer, financial institution, or different middleman. | Shares held in personal title and represented by a bodily certificates or DRS. | |
| www.proxyvote.com | www.investorvote.com | |
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Name the toll-free quantity listed in your Voting Instruction Type (VIF) and vote utilizing the management quantity offered therein. | 1-866-732-VOTE (8683) |
Voting Help & Shareholder Questions
Shareholders who require further help in voting their shares are inspired to contact Laurel Hill Advisory Group at 1-877-452-7184 (North American Toll Free), 1-416-304-0211 (Outdoors North America or by textual content message), or help@laurelhill.com.
About Kesselrun Assets Ltd.
Kesselrun Assets Ltd. is a Thunder Bay, Ontario-based mineral exploration firm targeted on progress by way of property acquisitions and discoveries. Kesselrun’s administration group possesses robust geological and exploration experience in Northwest Ontario. For extra details about Kesselrun, please go to www.kesselrunresources.com.
Kesselrun holds a 100% curiosity within the Huronian Gold Challenge (the “Huronian Gold Challenge“), masking 293 contiguous unpatented mining claims plus 4 patented mining claims totalling roughly 5,160 hectares situated in Moss Township, Thunder Bay Mining Division, Ontario and a 100% curiosity within the Bluffpoint Gold Challenge (the “Bluffpoint Gold Challenge“), comprising of 449 mining claims masking roughly 9,227 hectares situated in Bluffpoint Lake Township, with parts extending into the townships of Lawrence Lake, Napanee Lake and Barker Bay within the Kenora Mining Division of Northwestern Ontario. The Huronian Gold Challenge is located within the extremely prolific Shebandowan Greenstone Belt situated within the AbitibiWawa Subprovince of the Archean Superior Province and covers the southwest strike extension of the geology that hosts Gold X2’s Moss Gold Challenge.
Neither the TSXV nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this launch.
Cautionary Statements Relating to Ahead-Trying Data
This information launch comprises “forward-looking data” inside the which means of relevant Canadian securities laws. All statements, aside from statements of historic reality, are forward-looking statements and are based mostly on expectations, estimates and projections as on the date of this information launch. Any assertion that includes discussions with respect to predictions, expectations, beliefs, plans, projections, goals, assumptions, future occasions or efficiency (usually however not all the time utilizing phrases resembling “expects”, or “doesn’t anticipate”, “is predicted”, “anticipates” or “doesn’t anticipate”, “plans”, “finances”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “might” or “might”, “would”, “would possibly” or “will” be taken to happen or be achieved) are usually not statements of historic reality and could also be forward-looking statements. On this information launch, forward-looking statements relate to, amongst different issues, statements concerning: the date of the Assembly; completion of the mailing of the Assembly Supplies; potential delays in mailing of the Assembly Supplies as a result of ongoing Canada Submit labour strike; and the receipt of crucial shareholder approval for the Association. These forward-looking statements are usually not ensures of future outcomes and contain dangers and uncertainties which will trigger precise outcomes to vary materially from the potential outcomes mentioned within the forward-looking statements.
In respect of the forward-looking statements in regards to the Association, Kesselrun has relied on sure assumptions that it believes are affordable right now, together with assumptions as to the power of Kesselrun to conduct the Assembly as contemplated; the power of Kesselrun to obtain, in a well timed method and on passable phrases, the mandatory regulatory, court docket, shareholder, inventory alternate and different third occasion approvals, and the power of the events to fulfill, in a well timed method, the opposite situations to the completion of the Association. The Association timeline might change for a lot of causes, together with delays in mailing of the Assembly Supplies; incapacity to carry the Assembly as contemplated; incapacity to safe crucial regulatory, court docket, shareholder, inventory alternate or different third-party approvals within the time assumed or the necessity for added time to fulfill the opposite situations to the completion of the Association. Accordingly, readers shouldn’t place undue reliance on the forward-looking statements and data contained on this information launch regarding timing.
Kesselrun expressly disclaim any intention or obligation to replace or revise any forward-looking statements whether or not on account of new data, future occasions or in any other case besides as in any other case required by relevant securities laws.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/271745
