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Lightning Resource Corp.
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News: BMTLF
Prospector Completes Return of Capital
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today announced it has today completed the return of capital previously announced in the Company's news releases dated April 16, May 20, July 31 August 28, and September 2, 2026 (the "Return of Capital") and Lightning Resource Corp. ("Lightning) (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI1) announces early warning disclosure of certain insiders of Lightning pursuant to the Return of Capital. As previously disclosed, pursuant to the Return of Capital, Prospector has disposed of ownership and control of 29,400,000 common shares (the "Lightning Shares") of Lightning (Suite 3400 - 666 Burrard St., Vancouver, B.C.
Prospector Completes Return of Capital
NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION INTO THE USAVancouver, British Columbia--(Newsfile Corp. - September 11,
Lightning Resource Corp. Completes Acquisition of Prospective Projects and Receives Financing Proceeds of $4,000,000
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2026) - Lightning Resource Corp. (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI1) ("Lightning" or the "Company") is pleased to announce the successful completion of the acquisition of certain non-Yukon assets from Prospector Metals Corp. ("Prospector") including the Savant Project, Devon Project, Whitton Project and TooGood Project (the "Acquisition") and the release of gross proceeds of $4,000,000 (the "Financing Proceeds") raised under the Financing (as defined below) to the Company. Strategic Acquisition Positions Lightning as an Emerging Canadian-Focused Explorer Rob Carpenter, Interim CEO of Lightning, stated: "The Acquisition marks a significant milestone for Lightning, positioning the Company as a rising force in Canada's gold exploration.
Prospector Metals and Lightning Resource Announce Timeline for Closing Transaction
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) ("Prospector") and Lightning Resource Corp. (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI1) (formerly BeMetals Corp.) ("Lightning" and, together with Prospector, the "Companies") announced today that it has set a proposed closing timeline for the transaction previously announced in each of the Companies' news releases dated April 16, May 20, and July 31, 2026 (the "Transaction") pursuant to which Lightning will acquire all of Prospector's remaining non-Yukon assets comprised of (i) the mineral titles and permits for the Savant, TooGood, Whitton, and Devon Projects; (ii) 5,367,000 common shares of TooGood Gold Corp.; (iii) Prospector's proprietary geological database; and (iv) $150,000 in cash, in consideration for the issuance of 29,400,000 common shares of Lightning (the "Consideration Shares") to Prospector. Following closing, in accordance with an Order of the Supreme Court of British Columbia, Prospector will distribute the Consideration Shares to the holders of its common shares as a one-time special distribution as a return of capital on the basis of 0.174977 of a Consideration Share for each common share of Prospector held (the "Payment Ratio").
Prospector Metals and Lightning Resource Corp. Provide Update on Transaction
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) ("Prospector") and Lightning Resource Corp. (formerly BeMetals Corp.) (TSXV: LTNG) (OTCQB: BMTLF) (FSE: 1OI.F) ("Lightning" and, together with Prospector, the "Companies") in connection with Lightning Resources Corp. commencing trading at the market open under its new name and stock symbol "LTNG", the Companies today announced that they have agreed to extend (i) the Escrow Deadline (as defined herein) for the previously announced non-brokered private placement of subscription receipts (the "Offering"); and (ii) the outside date for the completion of the previously announced acquisition of assets pursuant to the share purchase agreement dated April 15, 2026 between the Companies and Lightning Exploration Corp. (formerly Prospector Subco Ltd.) ("Subco") whereby BeMetals will acquire all of the issued and outstanding shares of Subco, a wholly-owned subsidiary of Prospector which will hold Prospector's remaining viable non-Yukon mineral exploration projects (the "Transaction"), in each case August 31, 2026.
Prospector Metals and Lightning Resource Corp. Provide Update on Transaction
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET0) ("Prospector") and Lightning Resource Corp. (TSXV:
BeMetals Announces Effective Date of Name Change to Lightning Resource Corp. and New Trading Symbol "LTNG"
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2026) - BeMetals Corp. (TSXV: BMET) (OTCQB: BMTLF) (FSE: 1OI0) ("BeMetals" or the "Company") announces that it has received approval from the TSX Venture Exchange to change the Company's name to "Lightning Resource Corp." (the "Name Change"). The Name Change is expected to take effect at the start of trading on July 31, 2026, and the Company will trade under the symbol "LTNG" and under the new CUSIP/ISIN numbers 531965101/CA5319651017.
Prospector Closes Subscription Receipt Financing Intended for Lightning Resource Corp.
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector") and BeMetals Corp. (TSXV: BMET) (OTCQB: BMTLF) (FSE: 1OI0) ("BeMetals" and, together with Prospector, the "Companies") report that, in connection with the previously announced transaction (the "Transaction") between Prospector and BeMetals (to be re-named "Lightning Resource Corp.") (the "Resulting Issuer") pursuant to which the Resulting Issuer will acquire Prospector's non-Yukon mineral exploration projects in exchange for 29,400,000 common shares of BeMetals (the "Consideration Shares") through the acquisition of Prospector's wholly owned subsidiary, Lightning Exploration Corp. ("Subco"), Prospector's wholly-owned subsidiary, Lightning Subreceipt Financing Corp. ("Finco") has closed its offering (the "Offering") of 8,000,000 subscription receipts (the "Subscription Receipts") at a price of $0.50 per Subscription Receipt for aggregate proceeds of $4,000,000 (the "Subscription Proceeds"). As previously disclosed, following closing of the Transaction, Prospector will distribute the Consideration Shares to its shareholders on a pro-rata basis as a return of capital (the "Return of Capital").
