Canadian GoldCamps Corp. to Acquire 85% Interest in Stealthwall West Project in Québec

Vancouver, British Columbia — August 18, 2026 — Leads & Copy — Canadian GoldCamps Corp. (CSE: CAMP) (OTC: SMATF) (FSE: A68) has entered into a definitive agreement to acquire an initial 85% undivided interest in the Stealthwall West Project, located in the Caniapiscau district of northeastern Québec. The acquisition aims to expand the company's mineral exploration portfolio in the region.

The Stealthwall West Project consists of 50 contiguous mining claims, covering approximately 2,612.5 hectares. Under the terms of the agreement, Canadian GoldCamps will issue 3,600,000 common shares at a deemed price of $0.10 per share, totaling $360,000, as initial consideration. Additionally, the company will be entitled to aggregate deferred consideration of $75,000, which can be paid in cash within six months of closing or satisfied through the issuance of common shares on the first anniversary of closing, subject to Canadian Securities Exchange (CSE) acceptance and applicable securities laws.

The total deemed consideration for the initial 85% acquisition is $435,000, comprising $360,000 in shares and $75,000 in deferred consideration. Following the initial acquisition, the remaining 15% interest is held by three arm's length parties. Canadian GoldCamps has the option to acquire this remaining interest for $400,000, consisting of $75,000 in cash and $325,000 in company shares, issued at the lowest price permitted by the CSE.

Upon closing of the initial acquisition, the project will be subject to separate 1.0% net smelter returns royalties in favor of two arm's length parties, resulting in an aggregate 2.0% net smelter return royalty if the company acquires 100% ownership. The agreement also outlines provisions for the acquisition of the remaining 15% interest, including contribution rights for residual holders after the first renewal of claims and the incurrence of at least $2,000,000 in qualifying expenditures. Residual holders can elect to fund future costs to retain their interest or transfer it to Canadian GoldCamps in exchange for shares and cash.

The Stealthwall West Project features geological characteristics conducive to exploration, including Archean volcano-sedimentary rocks, amphibolite and iron-rich units, significant deformation, sulphide-bearing horizons, and quartz veining. A surface exploration program, with an indicative budget of approximately $120,000, is being organized. This program will include geological reconnaissance, prospecting, outcrop mapping, structural measurements, and georeferenced rock sampling. The collected samples will be submitted for analysis to an independent commercial laboratory, and the results will be integrated with historical geological information to refine exploration targets.

Completion of the transaction is subject to customary closing conditions, including due diligence, board approval, CSE acceptance, and verification of claim status. The parties have agreed to cooperate in good faith to preserve the economic value and commercial intent of the transaction if regulatory modifications are required. All securities issued will be subject to statutory resale restrictions and CSE-imposed restrictions. The company anticipates completing the transaction on or about August 25, 2026, subject to the satisfaction of all closing conditions.

The scientific and technical information in this news release has been reviewed and approved by George Yordanov, P.Geo., M.Sc., President and Chief Executive Officer of Canadian GoldCamps Corp. and a Qualified Person as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Canadian GoldCamps Corp. is a Vancouver-based mineral exploration company focused on gold and critical metals projects in Québec. Its flagship asset is the Mercator Gold Project.