Announcement • Jun 16
Scottie Resources Corp. Launches 2026 Expansion Focused Drill Program At Scottie Gold Mine Project Scottie Resources Corp. has commenced its fully funded $26 million 2026 exploration program, highlighted by a record 50,000-metre diamond drill campaign across its flagship project within the Stewart Gold District. Focussed on expanding and upgrading high-grade gold resources at the Blueberry Contact Zone and Scottie Gold Mine, the program also includes aggressive testing of multiple high-priority targets across the district, including the Bend Vein, the C and D Zones, the Serac Vein and Lakebed area, and the Domino target. The program will also include approximately 2,000 metres of drilling at the Cambria Property, marking the first-ever drill campaign on the project. Combined with ongoing development and technical studies, (geotechnical, hydrogeological, and condemnation drilling for future development planning, extensive geophysical and remote sensing surveys, and expanded environmental baseline and technical studies, which are now entering their second year) the 2026 season represents a significant catalyst for resource growth and value creation as Scottie continues to unlock the potential of it's district-scale gold assets in British Columbia's prolific Golden Triangle. New Risk • May 25
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$525k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Significant insider selling over the past 3 months (CA$525k sold). Recent Insider Transactions Derivative • May 17
Chief Operating Officer exercised options to buy CA$330k worth of stock. On the 13th of May, Sean Masse exercised options to buy 150k shares at a strike price of around CA$2.55, costing a total of CA$383k. As of today, Sean currently holds no shares directly. Company insiders have collectively bought CA$1.1m more than they sold, via options and on-market transactions, in the last 12 months.