Goldsky Resources (GSKR) investor relations material

Deal rationale and strategic fit

• Acquisition of the remaining 55% of the Barsele project in Sweden consolidates 100% ownership and operator status, creating a leading Nordic gold developer with full strategic control over Sweden's largest undeveloped gold deposit.

• Barsele is a well-advanced asset with over 2.1 million ounces in resources, strong infrastructure, and national interest status from the Swedish government.

• The project is central to a district-scale license area in the Gold Line Belt, enhancing exploration and development potential.

• The acquisition positions the company as a premier gold developer in top-tier jurisdictions with strong ESG credentials and community support.

Financial terms and conditions

• Transaction valued at US$166 million, including US$20 million cash at closing and 75,509,577 shares issued to the seller, with a 2% NSR royalty that can be repurchased for US$50 million.

• Seller becomes a 32.5% shareholder post-transaction, with board nomination and participation rights.

• No additional capital raise required; company is fully funded with C$80 million in treasury.

• A finder's fee of ~C$6.8 million (3% of aggregate consideration) will be paid in shares, subject to TSXV approval.

Synergies and expected cost savings

• Integration of experienced technical teams and established site infrastructure supports efficient project advancement.

• Access to skilled local labor, low-cost power, and strong community support reduces operational risks and costs.

• Simplified ownership structure expected to unlock significant value at Barsele.