Fabled Silver Gold Corp. (TSXV:FCO) entered into a binding letter of intent to acquire Mecatona Property from Kootenay Silver Inc. (TSXV:KTN) on February 17, 2023. Fabled Silver Gold Corp. entered into an agreement to acquire Mecatona Property from Kootenay Silver Inc. on February 21, 2023. Pursuant to the Mecatona Agreement, in consideration for acquiring 100% of the Mecatona Property Fabled expects to issue to the Vendor, on closing of the Proposed Transaction, two million (2,000,000) common shares of Fabled. Fabled will also make a periodic payment of $10,000 to the Vendor on January 13 and July 13, of each year (the ?Periodic Payments?) and upon commencement of commercial production pay to the Vendor the greater of $15,000 or a 2% net smelter royalty (?NSR?), each paid on a quarterly basis. The Proposed Transaction is subject to customary closing conditions, including, among other things, receipt of requisite approvals from the TSX Venture Exchange. As of August 2, 2023 Fabled Silver Gold Corp. has now received the conditional acceptance of the TSX Venture Exchange. As of October 27, 2023, the Fabled is still attempting to secure the funding required in order to complete the Proposed Transaction. The Company will provide a further update on the closing of the Proposed Transaction in due course.

Fabled Silver Gold Corp. (TSXV:FCO) cancelled the acquisition of Mecatona Property from Kootenay Silver Inc. (TSXV:KTN) on February 7, 2024.