May 26, 2025, Kelowna, British Columbia – TheNewswire - Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMD FSE: SOG0) (“Enduro”) and Commander Resources Ltd. (TSXV: CMD) (“Commander” and together with Enduro, the “Parties”) are pleased to announce that on May 26, 2025 The Supreme Court of British Columbia issued its Final Order approving the previously announced plan of arrangement between the Parties (the “Arrangement”).

Closing of the Arrangement remains subject to satisfaction of certain closing conditions, including receipt of final stock exchange approvals and the satisfaction of certain conditions set forth in the arrangement agreement. Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement on or about May 30, 2025.

Further details regarding the Arrangement, including the principal closing conditions and the anticipated benefits for shareholders, can be found in Commander’s management information circular dated April 9, 2025 in respect of the Meeting, a copy of which can be found under Commander’s SEDAR+ profile at www.sedarplus.ca.

About Enduro Metals

 

Enduro Metals is an exploration company focused on its Newmont Lake Project; a total 688km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of British Columbia's Golden Triangle. Building on prior results, Enduro's geological team has outlined multiple deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, newly discovered copper-gold porphyry mineralization at North Toe, and a large 10km x 4km geochemical anomaly hosting various gold, silver, copper, zinc, nickel, cobalt, and lead mineralization along the newly discovered Chachi Corridor.

About Commander Resources

 

Commander is a Canadian focused exploration company that has leveraged its success in exploration through a combination of partnerships and sole funded exploration. Commander has a portfolio of base and precious metal projects across Canada including its flagship Burn Project, a newly discovered porphyry copper-gold project in the Babine copper belt of central British Columbia and its October Dome copper and gold porphyry target in central British Columbia and our Sabin VMS project in Ontario.

 

On Behalf of the Board of Directors of Commander Resources Ltd.

 

“Robert Cameron”

President and Chief Executive Officer

 

On Behalf of the Board of Directors of Enduro Metals Corporation

 

“Cole Evans”

Chief Executive Officer

For further information please contact:

 

Malcolm Davidson

Tel: +1 (604) 218-9797

Email: davidson@endurometals.com

            www.endurometals.com

  

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements".  Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Enduro’s and Commander’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this news release include statements concerning the parties’ expectation that they will complete the Arrangement and the timing thereof, and all other statements that are not historical in nature.

Although Enduro and Commander believe the forward-looking information contained in this news release is reasonable based on information available on the date hereof, forward-looking statements by their nature involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF ENDURO AND COMMANDER AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.  WHILE ENDURO AND COMMANDER MAY ELECT TO, NEITHER OF THEM UNDERTAKES TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.