Exciting Times for Forge Resources Corp. and Aion Mining Corp.

An Overview of the Proposed Transaction

Vancouver, British Columbia–(Newsfile Corp. – September 17, 2024) – Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) (“FRG” or the “Company”) is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”) with Aion Mining Corp. (“Aion”) outlining the general terms and conditions of a proposed transaction whereby the Company will acquire a further interest in Aion to bring the Company’s total shareholdings in Aion to 60% on a post-closing, fully-diltued basis (the “Proposed Transaction”).

The Terms of the Proposed Transaction

In consideration of additional shares of Aion, the Company will pay $5,000,000, comprised of the following: $4,000,000 in cash on closing; and $1,000,000 in common shares of the Company at a price per share equal to the closing of the share price of the Company on the closing date of the Proposed Transaction, subject to CSE policies.

This exciting development marks a significant step forward for both Forge Resources Corp. and Aion Mining Corp. as they move towards a closer partnership that is set to benefit both companies in a rapidly evolving industry.

How This Will Affect Me

As an investor, this Proposed Transaction could potentially increase the value of your investment in Forge Resources Corp. With the Company acquiring a further interest in Aion, there is the potential for growth and expansion in the future, leading to possible returns on your investment.

How This Will Affect the World

This partnership between Forge Resources Corp. and Aion Mining Corp. has the potential to have a positive impact on the mining industry as a whole. By joining forces and combining their expertise, they can work towards developing more sustainable and efficient mining practices that could benefit the environment and communities around the world.

Conclusion

Overall, the Proposed Transaction between Forge Resources Corp. and Aion Mining Corp. sets the stage for an exciting future for both companies and the mining industry as a whole. By coming together in partnership, they have the opportunity to drive innovation and positive change that could have far-reaching effects on the industry and the world.