Psyence Group Inc. has entered into an amending agreement dated February 24, 2026 with GoldCoast Resource Corp. and Psyence Therapeutics Corp., a wholly owned subsidiary of Psyence, to amend the definitive amalgamation agreement dated November 21, 2025, as previously announced by the Company on November 24, 2025.
GoldCoast Resource Corp. is a private Ontario company founded by a team of mining professionals focused on environmentally responsible near-shore mineral exploration using marine dredge-mining technology.
The Amending Agreement provides for certain amendments to the Amalgamation Agreement in connection with the proposed three-cornered amalgamation under the Business Corporations Act, including:
The proposed transaction continues to constitute a “Change of Business” under Policy 8 – Fundamental Changes and Changes of Business of the Canadian Securities Exchange.