Update on sale of Rocmec and Denain Projects

G.E.T.T Gold Inc. has successfully completed the divestiture of its Rocmec 1 and Denain gold projects located in Quebec to Labyrinth Resources Limited. The transaction represents the culmination of a process that has been in development since at least September 2021, based on referenced previous announcements from the company.

The completion of this asset sale allows GETT to streamline its portfolio and potentially redeploy capital toward other opportunities or core assets. For junior mining companies like GETT, strategic divestitures are often used to optimize resource allocation and focus on the most promising projects in their portfolios.

The transaction provides Labyrinth Resources Limited with established gold projects in Quebec, a mining-friendly jurisdiction with well-developed infrastructure and regulatory frameworks. Quebec remains one of Canada's premier mining provinces, particularly for gold exploration and development, making these assets potentially valuable additions to LRL's portfolio.

This divestiture reflects broader trends in the junior mining sector where companies regularly evaluate and optimize their asset portfolios to maximize shareholder value and operational efficiency. The completion of previously announced transactions also demonstrates GETT's ability to execute on strategic initiatives.