Scout Minerals Corp. agreed to acquire Chara Capital Corp. for CAD 0.004 million on January 10, 2022. Pursuant to the Transaction, Scout Minerals Corp. issued an aggregate of 200,000 Common Shares in exchange for all of the issued and outstanding shares of Chara. 1341715 B.C. Ltd., wholly-owned subsidiary of Scout Minerals Corp. amalgamated with Chara to form the Subsidiary.

Scout Minerals Corp. completed the acquisition of Chara Capital Corp. on January 13, 2022.