Mr. Stuart Rogers reports

EDGEMONT PROVIDES UPDATE ON TRANSACTION WITH LAIVA GOLD INC.

Edgemont Gold Corp. and Laiva Gold Inc. have entered into a further amendment agreement to the definitive merger agreement dated June 4, 2025, whereby Edgemont agreed to acquire all of the issued and outstanding shares of Laiva, which will constitute a reverse takeover transaction of Edgemont. Under the amendment agreement, the parties have agreed to extend the deadline for closing the transaction to April 15, 2026. Edgemont and Laiva have also extended the maturity date of the bridge loan advance made by Edgemont to Laiva to April 15, 2026.

Edgemont is also pleased to confirm that it has submitted its application to the Canadian Securities Exchange for approval of the transaction. The company and Laiva each expect to provide materials to their respective shareholders for approval of the transaction in the near future.

About Laiva Gold Inc. and the transaction

Upon completion of the transaction, the company will indirectly own the Laiva mine in Finland. The Laiva mine is an open-pit operation, fully equipped with one of the largest gold plants in Europe (6,000-tonne-per-day capacity). Following completion of the transaction, the company also anticipates acquiring additional assets to build a multiasset mining company. The transaction is subject to approval of the Canadian Securities Exchange and certain other closing conditions.

For additional information with respect to the transaction, please refer the company's SEDAR+ profile and its news releases dated Feb. 20, June 4, Aug. 8 and Oct. 10, 2025.

We seek Safe Harbor.