UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
Asset Purchase Agreement
As disclosed on February 12, 2025, FinTrade Sherpa Inc. (Formerly Lode-Star Mining Inc.), a Nevada corporation (the “Company”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Tarka L’Herpiniere (the “Seller”), pursuant to which the Company agreed to purchase from the Seller all of the Seller’s rights, title and interest in and to certain intellectual property, intellectual property rights and derivative works, including improvements, modifications, creations and enhancements created by the Seller using AI models licensed from Predictive Technology, LLC, a Colorado limited liability company (“Predictive”), relating to software and technology (collectively, the “Purchased Assets”). As consideration for the purchase of the Purchased Assets, the Company agreed to issue 227,000,000 shares of common stock, par value $0.001 per share (“Common Stock”), of the Company to the Seller, or any person designated by the Seller (each, a “Designee” and collectively, the “Designees”), provided that such Designee completes and duly executes and delivers to the Company an investor questionnaire that, among other things, certifies that such Designee is an “accredited investor” under Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Pursuant to the terms and conditions of the Asset Purchase Agreement, the Company agreed to provide “piggyback” registration rights to the Seller and each Designee for a period of 12 months commencing on the Closing Date (as defined below) with respect to the shares issued pursuant to the Asset Purchase Agreement. The transactions contemplated by the Asset Purchase Agreement (collectively, the “Transactions”) closed on February 14, 2025 (the “Closing Date”).
Item 3.02 Unregistered Sales of Equity Securities.
On January 23, 2026 the Company issued the 227,000,000 shares as noted above.
In connection with the asset acquisition described in Item 1.01, the Company issued the shares of its common stock to the sellers. This issuance was exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof, as a transaction not involving a public offering.
Security Ownership of Certain Beneficial Owners and Management
The following table sets forth information regarding the beneficial ownership of our Common Stock immediately following the consummation of the Transactions by:
• each person who is the beneficial owner of more than 5% of issued and outstanding our Common Stock;
• each of our current executive officers and directors; and
• all executive officers and directors of the Company as a group.
Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. The beneficial ownership of Company Common Stock is based on 351,054,600 shares of Common Stock issued and outstanding immediately following the consummation of the Transactions.
| Name and Address of Beneficial Owner | Common Shares | Ownership |
| Mark Walmesley (3) | 9,960,545 | 2.84% |
| Lonnie S. Humphries (4) | 101,857,415 | 29.01% |
| Thea Evans (5) | 22,860,000 | 6.51% |
| Oliver Willett (6) | 26,908,125 | 7.67% |
| Richard Willett (7) | 26,908,125 | 7.67% |
| Tarka L’Herpiniere (8) | 20,478,750 | 5.83% |
(1) Unless otherwise indicated, the address of all named persons is 13529 Skinner Road, Suite N, Cypress, Texas 77429.
(2) Based on 351,054,600 shares of our common stock issued and outstanding effective on the Closing Date effective immediately after the closing of the Transactions.
(3) Mark Walmesley serves as our sole executive officer and our sole director. Includes (i) 9,960,545 shares held directly by Mr. Walmesley, and (ii) 101,875,415 shares beneficially owned directly or indirectly by Mr. Walmesley’s spouse, Lonnie S. Humphries.
(4) Lonnie S. Humphries is the spouse of our sole officer and director, Mark Walmesley. Includes (i) 99,127,076 shares held directly by LSG, which is owned 100% by Ms. Humphries, (ii) 200,000 shares held directly by the Lonnie S. Humphries Non-Exempt Trust and (iii) 2,530,339 shares held directly by Ms. Humphries.
(5) The address of Thea Evans is 182 Chemin du Bien Etre, Villecroze, 83690, FR
(6) The address of Oliver Willett is 243 Route Couttet Champion, 74400 Chamonix-Mt-Blanc, FR
(7)The address of Richard Willett is 96 Kokopell Lane, Philipsburg, MT 59858, USA
(8)The address of Tarka L’Herpiniere is 1 Rue des Maries, Montaignac, 19300, FR
The foregoing description of the Asset Purchase Agreement is qualified in its entirety by the full text of the Asset Purchase Agreement, a copy of which is available on the 8K filing made February 12, 2025.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description |
| 99.1 | Press Release issued by FinTrade Sherpa Inc. on January 23, 2026 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| FinTrade Sherpa INC. | |||
| Date: January 23, 2026 | By: | /s/ Mark Walmesley | |
| Mark Walmesley | |||
| Chief Executive Officer | |||
Exhibit 99.1
FinTrade Sherpa, INC. - Share Issuance and Software Development Update
Cypress, Texas (Jan 23, 2026) – FinTrade Sherpa, INC (formerly Lode-Star Mining, Inc. (OTCID:FTSP) is pleased to announce completion of the issuance of 227,000,000 shares as stated in the Company’s 8-K which was filed on February 14, 2025 and as stated in the Company’s 8-K filed Jan 23, 2026.
The Company also announces its first milestone event: Phase 1, which was a two-part software development task, has been mostly completed and the Company is now preparing to move into international beta testing.
The first and most important task completed is the Company’s AI driven specific market research reports with predictive analytics for which we have a sample for review shortly at our website.
The second part is the critical customer user interface dashboard for managing tailored report generating parameters along with its integrated membership, subscription and accounting nodes. Remaining work is the merger of this second part of software into the Company’s on-going accounting and reporting systems.
Company President Mark Walmesley says, "It's good to have this two-part milestone, pretty much, completed. This exercise was, by far, the heaviest lifting to get us to the point of moving forward with implementing our business plan. Along with introducing our AI driven report generating system to perspective clients, integrating the new software into the current Company structure is the next short-term task. Once completed, we look forward to publishing a more integrated website. The next major task or milestone is Beta testing our build."
About FinTrade Sherpa Inc.
FinTrade Sherpa, INC was formerly Lode-Star Mining Inc. (LSM), is a U.S. based junior-tier mining company focused on the exploration, development, and production of North American mineral assets.
On February 14, 2025 the Company formally announced its departure from the mining space into software development with services more pursuant to data management. The Company is intent to be an advanced AI-powered financial technology platform designed to provide users with, among other things, a broad range of insights with condensed conclusions, predictive analytics, and tools tailored to publicly traded stocks and other financial asset classes. The core product is intended to leverage cutting-edge algorithms and machine learning to offer stock market trends with high accuracy rates.
Contacts for FinTrade Sherpa, Inc.
Mark Walmesley
FinTrade Sherpa, INC. investor relations
phone: (281) 310-7800
e-mail: ir@fintradesherpa.com
website: fintradesherpa.com
Forward Looking Statements
This news release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause FTSP's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements reflect FTSP 's current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, investors should not place undue reliance on these forward-looking statements. Except as required by law, FTSP assumes no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.