• Goldflare entered a June 16, 2026 LOI to buy Minera Granite, owner of the Quitovac Gold Project in Sonora, Mexico.
• Vendor Quitovac Gold Holdings would receive 16,000,000 Goldflare shares post-consolidation, with up to 4,000,000 more tied to milestones.
• Goldflare plans a 4-for-1 share consolidation, alongside a concurrent equity raise of about C$ 4 million.
• Quitovac would complete an equity financing of at least C$ 900,000 before a definitive agreement is signed.
• On closing, Quitovac manager Mark Isaacs would become Goldflare CEO; the board would expand to five directors, with three designated by Quitovac.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Goldflare Exploration Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606181947NEWSFILECNPR____20260618_302151_1) on June 18, 2026, and is solely responsible for the information contained therein.