Armory Mining Corp. Finalizes Assignment Agreement and Kaslo Silver Property Disposition

Vancouver, B.C. — July 29, 2025 — Leads & Copy — Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) has finalized its assignment agreement with 1321968 BC Ltd., Northex Capital Partners Inc., and Tidal Gold Corp. for the Riley Creek Project in Haida Gwaii, British Columbia. The company issued 9,000,000 common shares today, with additional shares to be issued tomorrow and in February 2026, totaling 10,100,000 shares.

To acquire a 100% interest in the Riley Creek Project, Armory Mining must incur $50,000 in exploration expenditures by October 31, 2025, and pay $100,000 by October 31, 2026. The project will be subject to a 2.0% net smelter returns royalty granted to the Optionors.

Additionally, Armory Mining has completed the sale of its Kaslo Silver Property to 2724898 Alberta Inc. for $100,000 in cash and 1,500,000 common shares of 2724898 at $0.20 per share. The existing 2.5% net smelter return royalty on the Kaslo Silver Project has been transferred to 2724898.

Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors. It has interests in the Candela II lithium brine project in Argentina and the Riley Creek and Ammo antimony-gold projects in British Columbia and Nova Scotia, respectively.

Alex Klenman, CEO, can be reached at alex@armorymining.com.

Source: Armory Mining Corp.