Elton Resources Begins Trading on TSX Venture Exchange

Elton Resources Corp., formerly known as Chicane Capital I Corp., has begun trading on the TSX Venture Exchange under the symbol DBAY as of October 6, 2026. The company is focused on the exploration and development of its flagship Darnley Bay Project, located in the Northwest Territories of Canada. Carson Phillips, CEO of Elton Resources, expressed enthusiasm about the project, stating that Darnley Bay represents one of the most compelling geophysical anomalies in the world. He highlighted the historical significance of the project and the company's plans to advance exploration with a focused capital and drilling program.

The Darnley Bay Project is known for its large gravity and magnetic anomaly, considered one of the strongest isolated gravity anomalies globally. The anomaly has a measured gravity amplitude of 132 mGal and dimensions of 80 km x 100 km, with a coincident magnetic anomaly of 1,350 nT. The area is prospective for nickel, copper, and platinum group elements. In 2018, a Magnetotelluric survey identified several large-scale targets, setting the stage for future exploration and drilling activities.

Elton Resources has also engaged ICP Securities Inc. to provide automated market making services, starting October 1, 2026. The agreement, which includes a monthly fee of C$7,500 plus taxes, aims to correct temporary imbalances in the supply and demand of the company's shares. Additionally, the company has granted 12,720,378 incentive stock options to eligible participants, including directors, officers, and consultants, at an exercise price of $0.20.

The scientific and technical information in the press release has been reviewed and approved by David White, P.Geo., a qualified person under National Instrument 43-101. Elton Resources Corp. trades on the TSX Venture Exchange under the symbol DBAY, and further information can be found on their website or by contacting Carson Phillips at 604-657-5871.