Lannister Mining Corp.

Lannister Mining Corp. is a mineral exploration company focused on advancing the Basin Gulch Project, a gold and silver property in west-central Montana, USA, comprising 11 patented mining claims totaling 216.33 acres and 131 unpatented claims totaling 2,642 acres. The company holds valid exploration licenses, stormwater permits, and necessary approvals for trenching, drilling, and exploration activities, with operations at the exploration stage and no history of mineral production or principal revenues, not anticipating revenue until Q4 2026 at earliest. For the fiscal year ended September 30, 2025, Lannister reported a net loss of C$1,181,999 (US$848,710) on total operating expenses of C$823,065, with cash of C$59,844 and current liabilities of C$1,742,341 including C$820,505 in convertible debentures. The company is pursuing an IPO of 2,000,000 Common Shares at an assumed US$5.00 per share (midpoint), expecting net proceeds of US$8.33 million (or US$9.70 million if overallotment exercised), primarily for drilling (62.3%, ~US$5.19M for 40 holes), metallurgy (8%), mapping (2%), NI 43-101 report (4%), administration (20%), and working capital (3.7%). Lannister aims to validate historical data, establish a maiden mineral resource estimate per S-K 1300 in 2026, and advance toward a Preliminary Economic Assessment in 2027, leveraging historical drilling of 319 holes totaling 110,000 feet showing gold grades up to 0.279 opt over 76.5 feet, amid favorable gold market dynamics.

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