Cadillac Ventures Enters Option Agreement for Burnt Hill Tungsten Project

Toronto, Ontario — October 8, 2025 — Leads & Copy — Cadillac Ventures Inc. (TSX.V: CDC.H) has announced an option agreement with Nexcel Metals Corp. and Wyloo Ring of Fire Ltd. regarding the Burnt Hill Tungsten Project in New Brunswick, Canada.

Under the agreement, Nexcel Metals Corp. can acquire up to a 58% interest in the Burnt Hill Tungsten Project, which is currently owned 58% by Cadillac Ventures and 42% by Wyloo Ring of Fire Ltd.

The option can be exercised in four stages, involving cash payments and the issuance of common shares of Nexcel Metals Corp. All common shares issued will be subject to statutory hold periods and voluntary resale restrictions.

Upon Nexcel Metals Corp. earning a 51% interest, a joint venture will be formed. The agreement is subject to TSXV approval.

No finders’ fees are payable. The companies are arm’s length parties.

Norman Brewster, CEO of Cadillac Ventures Inc., is the contact person.

Source: Cadillac Ventures Inc.