Representative Matter

Sterling Metals Corp. Acquires QcX Gold Corp.

August 31, 2026

On August 31, 2026, Sterling Metals Corp. (TSXV: SAG, OTCQB: SAGGF) completed its acquisition of QcX Gold Corp. (TSXV: QCX, OTCpink: QCXGF), pursuant to a court-approved plan of arrangement under the Business Corporations Act (British Columbia). Upon completion of the transaction, existing Sterling and QcX shareholders own approximately 90.4% and 9.6% of Sterling, respectively.

The transaction consolidates a land package exceeding 35,000 hectares across the Batchewana Copper Belt in northern Ontario, expanding Sterling’s district footprint by approximately 40% and adding multiple copper and gold exploration targets surrounding its Soo Copper Project.

Aird & Berlis represented QcX with a team that included Jeffrey Merk and Liam Tracey-Raymont (Capital Markets/M&A).