Fidelity Minerals Corp. is pleased to announce that, further to the news release of October 17, 2025, the Company has settled debt in the amount of approximately $436,975 by the issuance of 3,361,344 common shares at a deemed price of $0.13 per share . The Settlement Shares were issued on November 19, 2025, and are subject to a four-month hold period expiring on March 20, 2026. The debt settled was owed to
Lions Bay Capital Inc. related to outstanding loans. Lions Bay is a major shareholder of Fidelity and has provided continued support to Company since December of 2022 which totalled $436,975 prior to the shares for debt settlement. On November 18, 2025, the Company entered into a formal Promissory Note with Lions Bay establishing that the $436,975 were unsecur...