Quartz Mountain Resources Ltd. (TSXV:QZM) entered into an agreement to acquire Lone Pine Mineral Claim Located in Houston, British Columbia from Eagle Plains Resources Ltd. (TSXV:EPL) for CAD 0.18 million on March 19, 2024. Consideration will be paid as 750,000 common shares and a 2% NSR royalty, of which 1.5% can be purchased at any time by payment of CAD 5 million. The shares are subject to a 24-month contractual resale restriction and a further right for the Company to arrange purchasers of the shares in the case of resales after that period.

Transaction is subject to customary TSX Venture Exchange acceptance and closing conditions.