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Pacific Booker Minerals Inc. reports developments tied to its wholly owned Morrison Project, a mineral project associated with copper, gold and molybdenum and ongoing critical-minerals analysis. Company updates describe drill-core sample analysis, reported occurrences of listed critical minerals, and the limits of work completed to determine commercial recoverability.
News also covers environmental assessment matters affecting the Morrison Project, legal and consultation-related updates, board governance, stock-option grants, financing plans and takeover-response processes handled through independent board committees and advisory opinions.
Pacific Booker (OTC: PBMLF) has engaged Tetra Tech Canada to conduct a technical review and data compilation for its wholly owned Morrison Project in central British Columbia.
Tetra Tech will review historical project data and prepare a conceptual-level economic assessment over about four weeks to support Pacific Booker's strategic review and potential future Preliminary Economic Assessment (PEA).
Pacific Booker Minerals (OTC Pink: PBMLF) engaged INFOR Financial to deliver an Independent Fairness Opinion to the Special Committee regarding the unsolicited all-share takeover bid by American Eagle Gold.
The Special Committee unanimously recommended that shareholders do not tender shares to the Hostile Bid; INFOR's fee is fixed and not contingent on outcome.
Pacific Booker Minerals (OTC Pink: PBMLF) granted 250,000 stock options to new director Jonathan McCullough on May 1, 2026. The options are exercisable at $2.80 per share, vest immediately, and expire on May 1, 2029. Grant is subject to TSX Venture Exchange approval.
The release includes a forward-looking statement disclaimer and contact details for CEO John Plourde.
Pacific Booker Minerals (OTC: PBMLF) announced its Board unanimously recommends shareholders reject American Eagle's hostile all‑share bid dated April 30, 2026. The Board and a Special Committee, advised by RCI Capital, conclude the offer is financially inadequate and undervalues the Morrison copper‑gold‑molybdenum project.
The Company plans a strategic review, will prepare a new preliminary economic assessment on Morrison, and invites shareholders to take no action to reject the bid.
Pacific Booker Minerals (OTC: PBMLF) acknowledges an unsolicited all-share takeover bid by American Eagle Gold and advises shareholders to take no action at this time. The Board formed a Special Committee and expects to file a directors' circular on or about April 29, 2026.
American Eagle offers 1.41 American Eagle shares per Pacific Booker share (implied ~$1.59) versus Pacific Booker’s closing price of $2.90 on April 24, 2026, an implied discount of over 45%. The company appointed Jonathan McCullough as a director and engaged RCI Capital Group and Laurel Hill Advisory Group as advisors.
Pacific Booker Minerals (OTC: PBMLF; TSXV: BKM) announced on October 22, 2025 that additional core samples from the Morrison Project were analyzed to confirm the presence of critical minerals.
Previous results confirmed copper and molybdenum plus gold and silver. Current analyses detected nine additional Canada Critical Minerals: cobalt, chromium, gallium, lithium, manganese, nickel, scandium, vanadium, and zinc, plus barium and two rare earths neodymium and praseodymium. The company noted no work has been completed to determine commercial recoverability or whether these elements add value to the orebody.
Pacific Booker Minerals (OTC:PBMLF) has submitted core samples from its Morrison Project for analysis to determine the presence of Critical Minerals. The company expects to receive the analysis results within a month.
The company emphasizes that no work has been conducted to determine if these elements are commercially recoverable, and it cannot currently indicate whether their presence would add significant value to the orebody.
Pacific Booker Minerals (TSXV: BKM) (OTC Pink: PBMLF) has received a report analyzing the presence of Critical Minerals in the Morrison project's assays. The analysis, conducted on core samples from 1998 re-drilling, revealed seven critical minerals: Chromium (53-235 ppm), Gallium (5-23 ppm), Magnesium (0.52-2.65%), Manganese (170->10,000 ppm), Molybdenum (1-203 ppm), Scandium (3-12 ppm), and Vanadium (44-119 ppm). The company notes that no work has been done to determine if these elements are commercially recoverable or add significant value to the orebody.
Pacific Booker Minerals (TSXV: BKM, OTC Pink: PBMLF) has announced its intention to seek legal recourse following ignored attempts to meet with the Lake Babine Nation (LBN). The BC Environmental Assessment Office has stated that without LBN support, PBM's new application for their Morrison Project will not be considered. The company has invested $43 million since 1997 on this project, aimed at mining copper, gold, and molybdenum. An MOU signed with LBN in 2012 was later repudiated, despite PBM meeting all environmental assessment criteria. After repeated rejections and a quashed decision by the BC Supreme Court, PBM must now explore legal options to proceed with the project.
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