BWR Exploration Inc. is a Canada-based public mineral exploration and development company founded in 2011 and headquartered in Toronto, Ontario; it is listed on the TSX Venture Exchange under the ticker BWR and focuses on the acquisition, exploration and evaluation of precious and base metal properties in Canada. The company’s core assets are the Little Stull Lake Gold Project in northeastern Manitoba; the Shunsby Project in Ontario; and the Vendome Sud Project in Quebec, with work directed toward gold, copper, zinc, nickel and related polymetallic mineralization. BWR’s business model centers on advancing early-stage exploration projects with historical data and development potential through geological work, drilling, permitting, camp preparation and related exploration programs. Recent corporate activity has been dominated by its planned business combination with Electro Metals and Mining Inc., including the August 2025 amalgamation agreement, the associated reverse takeover structure, shareholder approval at year-end 2025, and ongoing financing updates in February 2026 as the parties work toward closing and the formation of the resulting issuer, Electro Metals Corp. The company has also recently completed and advanced bridge and concurrent financing arrangements tied to that transaction, while continuing project-level permitting and exploration updates at Little Stull Lake.