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Thermopylae Capital Announces Proposed Qualifying Transaction with Makasi Mining Pty Ltd

Newsfile | Oct 20, 2026 3:34 PM EDT

Toronto, Ontario--(Newsfile Corp. - October 20, 2026) - Thermopylae Capital Inc. (TSXV: THY.P) ("Thermopylae" or the "Company") is pleased to announce that it has entered into a letter of intent dated October 16, 2026 (the "LOI") with Makasi Mining Pty Ltd. ("Makasi") (together, the "Parties"), which outlines the general terms and conditions pursuant to which the Parties would be willing to complete a transaction that will result in a reverse take-over (the "RTO") of Thermopylae by the...

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