Talisker Provides Notice to Convertible Debenture Holders Reducing Debt by $5.1 Million – The Canadian Business Journal

Toronto, October 3, 2025 (Globe Newswire) – Talisker Resources Ltd. (“TalisksOr “Company”) (TSK: TSK, OTCQB: TSKFF) I am glad to inform that he used his right to transform all the unexplored basic amounts of his convertible debt obligations (as determined below) to the general shares of Talisker (“Stock“).

Talisker released a convertible debt duty of $ 4 million on October 9, 2024 at the Foenix Gold Foundation (“The” (“The” (“The” (“The” (“The” (“The”.Phoenix debt obligations”) And 1.1 million US dollars convertible debt duty on November 7, 2024 at the Spartan Mm Fund (“ The ”Spartan debt obligationAnd along with the debt obligation of Phoenix, “”Cabriolets“) That give Talisker the right to conversion if the closing price of shares on the Toronto Stock Exchange (“TSX”) Is at least 130% of the applicable conversion price for each of the 20 trading days before the notification of conversion delivered to the owner. As a result of closing the prices for TSX shares exceeding these thresholds, the company decided to convert all the outstanding principles of Phoenix. The shares that the shares should be issued as of October 8, 2025, in satisfaction of the main amounts dedicated to the amounts dedicated to convertible obligations.

To obtain additional information, please contact:

Lindsay Danlop
Vice -President of Relations with Investors
[email protected]
+1 647 274 8975

About Talisker Resources Ltd.

Talisker (TaliskerResources.com) is a younger resource company participating in the intelligence and development of gold projects in British Colombia, Canada. The flagship asset Talisker is a high-class, fully permitted Bralorne Gold project, where the company is currently going into underground production at Mustang mine. Talisker projects also include the Ladner Gold project, the Advanced Stage project, with significant intelligence potential from the historical high -quality Gold Hine and the Spences Bridge project, where the company has significant land management in the gold belt of Spences Bridge and several other projects in the early stages of Greenfields.

Attention regarding promising statements

Some statements contained in this press release are promising information. These statements are related to future events or future effectiveness. The use of any of the words “maybe”, “intentions”, “expect”, “believe”, “will”, “predicted”, “evaluated” and similar expressions and statements regarding issues that are not historical facts are designed to determine the promising information and are based on current beliskets or assumptions of the talisker in relation to the outcome and term of future events. In particular, this press release contains promising information regarding, among other things, the issuance of shares in the transformation of all outstanding main amounts of convertible debt obligations. Various assumptions or factors are usually used for conclusions or conclusions set forth forecasts or forecasts set forth in promising information. These assumptions and factors are based on information currently available for Talisker. Although such statements are based on reasonable assumptions about the management of Talisker, there can be no guarantees that some conclusions or forecasts will be accurate.

Information about the external form includes well -known and unknown risks, uncertainty and other factors that can lead to the fact that the actual results, performance or achievements differ financially from any future results, productivity or achievements, expressed or implied oriented to promising information. SUCH FACTORS Include RISKS InHERENT IN THE Exploration and Development of Mineral Deposits, Including Risks Relation to Changes in Prameeters as Plans Redefined, Risks Relating to Varis in Grad or Recovery Rates, Risks Relating to Changes in Mineral Price and the Worldwide Demand for and Supply of Minerals, RiSks Relted TO Increased Competition and Current Global Financial Conditions, Access and Supply Risks, Reliance On Key Personnel, Operational Risks Regulantory Risks, Including Risks regarding the purchase of the required licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks associated with the inability to obtain all the necessary statements of shareholders and regulatory authorities.

The advanced information contained in this issue was made on the date of this Agreement, and Talisker is not obliged to update or revise any promising information, whether as a result of new information, future events or others, with the exception of cases required by applicable laws on securities. Due to the risks, uncertainty and assumptions contained in this document, investors should not rely on incorrect information on promising information. The above statements directly qualify any promising information contained in this document.


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