Lexston Mining Corporation Announces Fieldwork on Dory Property and two Marketing Agreements
(TheNewswire)
Vancouver, British Columbia, October 20, 2025 – TheNewswire - LexstonMining Corporation (the “Company” or “Lexston” ) (CSE:LEXT) (OTCQB: LEXTF) (Frankfurt: W5G) is pleased to announce itsintention to initiate fieldwork on the Dory Property. The Dory Property consists of four non-surveyedcontiguous mineral claims totalling 1,3481 hectares. The claims arelocated within the Alberni Mining Division of British Columbia. TheProperty is easily accessed by a series of paved and gravel roadsbranching from the Pacific Rim Highway.
The fieldwork will be designed to evaluate thepotential of the Dory Property, consisting of a two phase program. Phase one consists of the creation of a GIS database from thehistorical data, geological mapping, and rock and soil sampling ofareas of interest that have been identified historically. As aresult of recent logging activity, there are new areas of exposurethat should be investigated. Phase Two is contingent on positiveresults of Phase One with line-cutting, 3D Induced Polarizationgeophysical survey (“IP”) and detailed mapping on areas identifiedin Phase one.
On October 20, 2025, 2,137,500 common share purchasewarrants were exercised at $0.10 each for gross proceeds of $213,750resulting in the issuance of 2,137,500 common shares of the Company. The number of issued outstanding common shares of the Companyfollowing this exercise is 16,930,804.
Jag Bal, CEO of Lexston Mining, commented “we arepleased to announce the exercise of these warrants, which will providethe Company with additional capital to support our ongoing developmentefforts as well as demonstrating investor confidence in our ability toadd shareholder value”.
Online Marketing Agreement
The Company is pleasedto announce the Online Marketing Agreement datedOctober 20, 2025 with i2iMarketing Group LLC (“i2i”) (email: contact@i2illc.com; address1107 Key Plaza #222, Key West FL 33040; phone: 312-725-3843) for theprovision of corporate marketing and investorawareness services for a period of 12 months. Joe Grubb is theprincipal of i2i. The budget for the services is up to $300,000 USD. No compensationin securities of the Company will be paid to i2i. i2i is an arm’slength party to the Company. To the knowledge of the Company, i2i doesnot own any securities of the Company .
Digital Marketing Agreement
The Company is pleased to announce the DigitalMarketing Agreement dated October 20, 2025 with Danayi Capital Corp. (“Danayi”) (email: mehran@danayi.co; address: Suite 550 -800 West PenderStreet , Vancouver, BC, V6 C 2V6; phone: (604)767-2983 for Danayi toprovide certain investor relations and digital marketing services tothe Company. Danayi agreed to provide the services for a period of12 months. Mehran Bagherzadeh is the principal of Danayi. Thebudget for the services is up to $100,000 USD. No compensation in securities of the Company will be paid toDanayi. Danayi is an arm’s length party to the Company. To theknowledge of the Company, Danayi does not own any securities of theCompany.
QUALIFIEDPERSON
Richard Walker,P.Geo., Lexston Mining Corporation, Director, and a “QualifiedPerson” under National Instrument43-101, has reviewed and approved the Dory Property content of thisnews release.
Please see the technical report entitled “NI 43-101Technical Report on The Dory Property Port Alberni British ColumbiaCanada” dated March 13, 2023 authored by Derrick Strickland, P. Geo(the “Report”). The Report is available on www.sedarplus.ca under theprofile of the Company.
About Lexston MiningCorporation
The Company is a Canadian mineral exploration company,focused on the acquisition and development of mineral projects, withthe objective to enhance value to all its stakeholders. The Companyhas a mineral exploration project in British Columbia, Canada.
The Company (OTCQB: LEXTF) trades on the OTCQB VentureMarket for early stage and developing U.S. and internationalcompanies. Companies are current in their reporting and undergo anannual verification and management certification process. Investorscan find Real-Time quotes and market information for the company on www.otcmarkets.com .
On Behalf of the Board ofDirectors
LEXSTON MINING CORPORATION
Jagdip Bal
Chief Executive Officer
Telephone: (604) 928-8913
Email: jbal@lexston.ca
The Canadian Securities Exchange hasnot reviewed and does not accept responsibility for the adequacy oraccuracy of the content of this news release.
Copyright (c) 2025 TheNewswire - All rights reserved.
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