Probe Gold Inc.·Basic Materials

TORONTO, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Probe Gold Inc. (“Probe” or the “Company”) (TSX: PRB) (OTCQB: PROBF) and Fresnillo plc (the “Parent”) are pleased to announce the completion of the previously announced acquisition of Probe by Fresnillo Quebec Acquisition Inc. (the “Purchaser”), a wholly-owned affiliate of the Parent, pursuant to a plan of arrangement (the “Arrangement”) whereby the Purchaser has acquired all of the issued and outstanding common shares of Probe (the “Shares”) for C$3.65 in cash per Share. The Arrangement, which was announced on October 31, 2025, was approved by shareholders of the Company at a special meeting held on January 13, 2026.

TORONTO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Probe Gold Inc. (“Probe” or the “Company”) (TSX: PRB) (OTCQB: PROBF) is pleased to announce that at the special meeting of Probe's shareholders (the “Shareholders”) held on January 13, 2026 (the “Meeting”), the shareholders voted in favour of the special resolution (the “Arrangement Resolution”), approving the previously announced plan of arrangement (the “Arrangement”) involving the Company, Fresnillo plc, Prestadora de Servicios Jarillas, S.A. de C.V. and Fresnillo Quebec Acquisition Inc. (the “Purchaser”), pursuant to which all of the issued and outstanding shares in the capital of the Company (the “Shares”) will be acquired by the Purchaser for cash consideration of $3.65 per Share.
Probe Gold Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 43,638 hectares located in the city of Val-d'Or, Quebec. It also holds interest in the Detour Quebec project, which includes approximately 1,434 claims located in north of Rouyn-Noranda, Quebec; and Casa-Cameron project comprising 308 claims covering an area of approximately 169 square kilometers. The company was formerly known as 2450260 Ontario Inc. and changed its name to Probe Metals Inc. in February 2015. Probe Metals Inc. was incorporated in 2015 and is headquartered in Toronto, Canada.