Zeus North America Mining Corp. Completes Arrangement with Kelso Mining Inc.

Zeus North America Mining Corp. has finalized its plan of arrangement with Kelso Mining Inc., effective February 5, 2025. The arrangement, initially announced on August 26, 2024, was approved by Zeus shareholders and the Supreme Court of British Columbia. This deal has been accepted by the Canadian Securities Exchange.

As part of the agreement, Zeus distributed 394,621 Kelso common shares to its shareholders on a pro rata basis. Zeus transferred its Chlore Property in British Columbia to Kelso, which is now recognized as a reporting issuer in British Columbia, Alberta, and Ontario. Zeus retains its working capital and continues trading under the symbol ZEUS.

Zeus remains a junior exploration company, focusing on Idaho properties, and continues as a reporting issuer in three Canadian provinces.