Goldsky Resources (GSKR) investor relations material

Deal rationale and strategic fit

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

• Barsele is a mature project with extensive drilling, established resources, and strong infrastructure, positioned in a prime mining district and central to a district-scale license area.

• The deal aligns with a vision to consolidate and develop a significant gold belt in Sweden, complementing existing licenses and enhancing exploration potential.

• 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, 75,509,577 shares issued to the seller, and a 2% NSR royalty with a US$50 million buyback option.

• 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.

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

• Existing 2% NSR in favor of Orex Minerals can be repurchased for US$5 million.

Synergies and expected cost savings

• Integration of experienced technical teams and established site infrastructure is expected to accelerate development and reduce ramp-up costs.

• Simplified ownership structure and access to a well-maintained core library and facilities support efficient exploration and value creation.