Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP,OTC:GXPLF | FRA: HW3 | OTCQB: GXPLF), announces that on January 13, 2026, it entered into an agreement (the “Agreement”) with RMK Marketing Inc. (“RMK”) (address: 41 Lana Terrace, Mississauga, Ont., Canada, L5A 3B2; email: Roberto@rmkmarketing.ca) to provide marketing services for a term of six months commencing on January 15, 2026 (the “Term”).
RMK is an independent company that, where applicable, coordinates marketing actions, maintains and optimizes AdWords campaigns, customizes AdWords bidding strategies, optimizes AdWords advertisements, provides project management and advice for an online marketing campaign and creates and optimizes landing pages (the “Services“). The promotional activity is carried out by Google.
Under the terms of the agreement, the company will compensate RMK $250,000 CDN, with an option to increase the advertising budget up to $500,000 CDN (the “Budget“) during the Term. The Term will expire at the end of the relevant period or when the Budget has been fully expended. The Company will not issue any securities to RMK in compensation for the Services. As of the date hereof, to the best of the Company’s knowledge, RMK (including its directors and officers) does not own any securities of the Company and has no business relationship with the Company..
About Greenridge Exploration Inc.
Greenridge Exploration Inc. (CSE: GXP,OTC:GXPLF | OTCQB: GXPLF | FRA: HW3) is a mineral exploration company committed to creating shareholder value through the acquisition, exploration and development of key mineral projects in Canada. The company owns or has interests in 21 projects and additional claims covering approximately 281,100 hectares with significant exposure to potential uranium, lithium, nickel, copper and gold discoveries. The company is led by an experienced management team and board of directors with significant expertise in raising capital and advancing mining projects.
Greenridge has one of the largest uranium real estate portfolios in Canada, consisting of 13 projects and additional potential claims covering approximately 194,350 hectares. The company has opportunities to realize value in an additional 8 strategic metals projects, including lithium, nickel, gold and copper exploration properties totaling approximately 86,750 hectares. Highlights of the project include:
- The Black Lake property, located in the NE Athabasca Basin, (40% Greenridge, 50.43% UEC, 8.57% Orano Canada) saw a discovery hole (BL-18) return in 2004 0.69% U3O8 over 4.4 m.1
- The Hook-Carter property (20% Greenridge, 80% Denison Mines Corp.) is strategically located on the SW margin of the Athabasca Basin, approximately 8 miles from NexGen Energy Ltd.’s Arrow deposit. and the newly discovered Patterson Corridor East, and ~20 km from Paladin Energy Ltd.’s Triple R deposit.
- The Gibbons Creek property contains high-quality uranium-bearing boulders dating from 2013, with grades of up to 4.28% U3O82and at the McKenzie Lake project, a 2023 prospecting program yielded three anomalous rock samples containing analytical values of 844 ppm U total (0.101% U3O8), 273 ppm U-total and 259 ppm U-total.3
- The Nut Lake property, located in the Thelon Basin, includes historic drillings that intersected to 9 ft of 0.69% U3O8 including 4.90% U3O8 more than 1 foot from 8 feet depth.4 In 2024, Greenridge’s prospecting program located a returning float monster 31.13% U3O8from the tundra show.5
- The Firebird Nickel property has seen two drill programs (7 holes totaling 1,339 m), where hole FN20-002 intersected 23.8 m 0.36% Ni and 0.09% C, including 10.6 m 0.55% N and 0.14% C.6
- The Electra Nickel Project 2022 drilling program included results from 2,040 ppm Ni over 1 m and 1,260 ppm Ni over 3.5 m.7
The scientific and technical information highlighted above has been reviewed and approved by Sean Hillacre, P. Geo., Technical Advisor and Geological Advisor to the Company and a Qualified Person as defined in National Instrument 43-101 – Mineral Project Disclosure Standards. Management cautions that historical results collected and reported by operators unrelated to Greenridge have not been verified or confirmed by the qualified individual; However, the historical results create a scientific basis for the ongoing work on the company’s projects. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, or other properties located within the Athabasca Basin, whether in current or historical resource estimates, are not necessarily indicative of the results that may be achieved by the Company’s projects.
The company is involved in strategic partnerships, including uranium projects operated and promoted by Denison Mines Corp. and Uranium Energy Corp. The company’s management team, board of directors and technical team bring significant expertise in raising capital and advancing mining projects and are poised to attract new investors and leverage future capital.
References:
1 – Black Lake: UEX Corporation News release dated October 12, 2004.
2 – Gibbons Creek: Lakeland Resources Inc. News item dated January 8, 2014.
3 – McKenzie Lake: ALX Resources Corp. New release dated November 7, 2023.
4 – Nut Lake: 1979 Assessment Report (number 81075) by Pan Ocean Oil Ltd.
5 – Nut Lake: Greenridge Exploration Inc. News item dated February 19, 2024.
6 – Firebird Nickel: ALX Resources Corp. New release dated April 15, 2020.
7 – Electra Nickel: ALX Resources Corp. New release dated July 20, 2022.
On behalf of the Greenridge Board of Directors
Russel Starr
General Manager, Director
Phone: +1 (778) 897-3388
E-mail: info@greenridge-exploration.com
Disclaimer for forward-looking information
This press release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “goal,” “plan,” “predict,” “may,” “would,” “could,” “plan” and similar words or expressions identify forward-looking statements or information.
Forward-looking statements and forward-looking information regarding future mineral production, liquidity, enhanced value and capital market profile of Greenridge, future growth potential for Greenridge and its operations, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyzes and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made about, among other things, the price of uranium, nickel, copper, gold, cobalt and other metals; exploration and development costs; the estimated costs of developing exploration projects; Greenridge’s ability to operate in a safe and effective manner and Greenridge’s ability to obtain financing on reasonable terms.
This press release contains “forward-looking information” within the meaning of Canadian securities laws. Statements, other than statements of historical fact, may contain forward-looking information and include, without limitation, statements regarding RMK’s provision of the Services under the Agreement. With respect to the forward-looking information contained in this press release, the Company has made numerous assumptions regarding, among other things, that the geological, metallurgical, technical, financial and economic advice received by the Company is reliable and based on practices and methodologies consistent with industry standards. Although the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. In addition, there are known and unknown risk factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include: fluctuations in commodity prices and exchange rates; uncertainties relating to the interpretation of drilling results and the geology, continuity and quality of copper, gold, tungsten, antimony and other metal deposits; uncertainty of capital and operating cost estimates, recovery rates, production estimates and estimated economic returns; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and the uncertainty regarding the availability and terms of future financing; the possibility of delays in exploration or development programs or in construction projects and the uncertainty of achieving expected program milestones; uncertainty regarding the timely availability of permits and other government approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; higher costs for the metal industry and increased competition in the metal industry for property, qualified personnel and management. All forward-looking information contained herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to announce publicly the result of any revisions to the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
The Canadian Securities Exchange (CSE) accepts no responsibility for the adequacy or accuracy of this press release.
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