October 18, 2024 – Triple One Metals Inc. (“Tripe One” or the “Company”) (CSE: TONE) announces that it has re-negotiated the agreement with Portsmouth Gold Corp., a private British Columbia company, to acquire 24 mineral claims, representing 1,200 hectares located in the Urban-Barry greenstone belt of the James Bay region, Quebec for consideration of 5,930,001 units, subject to a 2% NSR pursuant to an Underlying Agreement.  Each unit consisting of one common share of the Company and one warrant exercisable at $0.10 for a period of two (2) years.   The securities to be issued will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.  The closing of the transaction is subject to the prior approval of the CSE Securities Exchange.