Mr. Michael Smith of Element79 reports

ELEMENT79 GOLD CORP. ANNOUNCES SYNERGY METALS CORP. BEGINS TRADING ON THE CSE

Element79 Gold Corp. spinout Synergy Metals Corp. has received final approval for listing from the Canadian Securities Exchange. The common shares of Synergy (Cusip No. 87170Q 10 3/ISIN CA 87170Q 10 3 7) commenced trading on the CSE under the symbol SYN on Aug. 26, 2026.

The listing of Synergy on the CSE follows the completion of a previously announced plan of arrangement under the Business Corporations Act (British Columbia) with Element79.

For more information regarding Synergy, please refer to its listing statement dated Aug. 20, 2026, which is available on Synergy's profile on SEDAR+ and on Synergy's CSE profile page.

Michael Smith, chief executive officer of the company, commented: "This is a good day for Element79 shareholders. They keep everything they held in our Nevada assets and now hold shares in a separately listed company built around Dale -- two focused stories and two sets of catalysts, each free to pursue its own strategy and its own capital. Dale has always deserved a dedicated company and dedicated capital, and as of today it has both. Synergy holds 98 claims covering approximately 1,980 hectares in the Swayze greenstone belt, a project that has seen limited modern exploration and no drilling to date, in a belt that has produced gold for a century. Dale is the foundation Synergy is built on and a listed company with its own currency is also a platform -- one positioned to consider additional projects that fit alongside it as opportunities arise. Element79 retains a position in Synergy, so our shareholders continue to participate in what we believe Dale can become."

About Element79 Gold Corp.

Element79 is a mining company focused on the exploration and development of its portfolio of high-potential gold projects. Element79's focus is its Nevada portfolio, anchored by the Gold Mountain and Elephant projects, both located in the world-class Battle Mountain trend.

We seek Safe Harbor.