- Golkor Inc. entered into a **joint venture** with Afrikor Metal Industries Proprietary Limited (AMI) on **October 6, 2025**, forming Golkor AMI-EBM LLC.  **[1474558_0001683168-25-007572_golkor_8k.htm:1]** **[1474558_0001683168-25-007572_golkor_ex1001.htm:0]** 
- Golkor Inc. holds a **51% ownership** in the joint venture, which is focused on the reclamation and reprocessing of valuable minerals, including **zinc, lead, silver, iron, and copper**, from historic surface deposits in South Africa.  **[1474558_0001683168-25-007572_golkor_8k.htm:1]** **[1474558_0001683168-25-007572_golkor_ex1001.htm:1]** **[1474558_0001683168-25-007572_golkor_ex1001.htm:36]** 
- Golkor Inc. has committed to providing **up to $20 million in funding** for the joint venture's operations, with **approximately $700,000 already provided**.  **[1474558_0001683168-25-007572_golkor_8k.htm:1]** **[1474558_0001683168-25-007572_golkor_ex1001.htm:3]** 
- The joint venture's Board of Managers will initially consist of **three members**, with **two appointed by Golkor Inc.** and one by AMI.  **[1474558_0001683168-25-007572_golkor_ex1001.htm:10]** 
- Golkor Inc. terminated an engagement agreement with Konik Capital Partners, LLC, which had granted Konik Capital the right to underwrite proposed public offerings of **up to $40,000,000**.  **[1474558_0001683168-25-007572_golkor_8k.htm:2]**

Golkor Inc. Forms Joint Venture and Terminates Underwriting Agreement

- Golkor Inc. has entered into an engagement agreement with Konik Capital Partners, LLC, granting Konik Capital the exclusive right to act as lead manager, bookrunner, and underwriter for one or more proposed public offerings.  **[1474558_0001683168-25-006552_golkor_ex1001.htm:0]** **[1474558_0001683168-25-006552_golkor_8k.htm:1]** 
- The offerings could be for up to **$40,000,000** of securities, plus a **15%** overallotment option.  **[1474558_0001683168-25-006552_golkor_ex1001.htm:0]** **[1474558_0001683168-25-006552_golkor_8k.htm:1]** 
- This agreement, which commenced with its signing on **August 13, 2025**, is for a term of **Twelve Months**.  **[1474558_0001683168-25-006552_golkor_ex1001.htm:0]** **[1474558_0001683168-25-006552_golkor_8k.htm:1]** 
- Konik Capital's compensation includes a **7%** cash fee of the aggregate gross proceeds and warrants to purchase **7%** of the aggregate number of shares placed in each offering.  **[1474558_0001683168-25-006552_golkor_ex1001.htm:1]**

Golkor (GKOR)