Gold Mountain Mining Corp., Elk Gold Mining Corp and Bayshore Minerals Incorporated

Gold Mountain Mining Corp., Elk Gold Mining Corp and Bayshore Minerals Incorporated are the subject of a court-appointed receivership proceeding in the Supreme Court of British Columbia in Bankruptcy and Insolvency, under court file S-255727, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding began with an application filed on July 31, 2025 by Nhwelmen Construction GP Ltd., in its capacity as general partner of Nhwelmen Construction Limited Partnership, which is the primary secured creditor of the three debtors and holds various security instruments against them. As of November 12, 2025, the indebtedness owed to Nhwelmen Construction across the three debtors was recorded at CAD 18,877,432. The matter remains active.