04:50 PM EST, 02/13/2026 (MT Newswires) -- Storm Exploration ( CWVWF ) on Friday said it has exercised its option to buy 100% interest in the Miminiska and Keezhik projects from UK-listed Landore Resources Canada and immediately sold its interest in the Miminiska project to Frankfurt-listed Canadian Goldfields Discovery Corp (CGDC) for total consideration of $5.81 million, while outlining its "next steps."

"These transactions place Storm in a strong position to take advantage of the bull market for precious metals and critical minerals," said Bruce Counts, president and CEO of Storm. "The Company has relatively few shares outstanding, a robust balance sheet and 100% ownership of three demonstrably prospective, district-scale exploration projects in northwestern Ontario, two of which are slated for drilling in 2026."

On next step, Storm said it plans to advance its three projects, with drilling at Gold Standard slated for Q2 in 2026, Keezhik for Q3 in 2026 and Attwood for 2027.

The Keezhik Project is situated within the Miminiska-Fort Hope greenstone belt, approximately 380 kilometers north of Thunder Bay, Ontario, while the Gold Standard Project is situated approximately 60 kilometres north of the community of Fort Francis and encompasses 6,018 hectares of road accessible mineral claims. The Attwood Project is situated within the Miminiska-Fort Hope greenstone belt, approximately 380 kilometers north of Thunder Bay, Ontario.

Shares in Storm were unchanged at $0.20 today.