Mr. Charles Tarnocai reports

GOLDERA PROVIDES UPDATE ON SETTLEMENT AGREEMENT AND INVESTMENT IN GOLD OROGEN

Pursuant to the terms of the settlement agreement entered into by Goldera Exploration Ltd. and its former parent company, Fancamp Exploration Ltd. (now called ERDA Resource Opportunities Inc.), with Gold Orogen Resources Corp., Gold Orogen Exploration Corp. (Gold Orogen's wholly owned subsidiary) and Lode Gold Resources Inc. announced on July 9, 2026 (see news release of Fancamp Exploration Ltd. dated July 9, 2026 for details), Goldera shall subscribe for 2.5 million units of Gold Orogen pursuant to Gold Orogen's non-brokered private placement of units announced by Gold Orogen on July 15, 2026.

The investment shall consist of the purchase of 2.5 million units at a price of eight cents per unit for a total investment of $200,000 pursuant to the terms of a subscription agreement to be entered into between the company and Gold Orogen. Each unit shall consist of one common share of Gold Orogen and one common share purchase warrant. Each warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one share at an exercise price of 10 cents per share. Gold Orogen may accelerate the warrant expiry period upon 30 days notice in the event Gold Orogen shares have a closing trading price of not less than 25 cents per share for a period of 10 consecutive trading days.

Gold Orogen is the company's joint venture partner in Acadian Gold Corp., which the company operates as the Acadian Gold joint venture in New Brunswick. Pursuant to the settlement agreement, Gold Orogen has agreed, among other things, to transfer 15 per cent of the issued and outstanding common shares held by it in Acadian to Goldera, resulting in Goldera holding 65 per cent of the issued and outstanding Acadian shares upon the completion of such Acadian share transfer.

The investment has been approved by the independent directors on the board of directors of Goldera.

About Goldera Exploration Ltd.

Goldera Exploration is a discovery-driven Canadian gold and copper exploration company advancing a portfolio of high-potential exploration assets across Canada's premier mining districts. Created through the spinout of Fancamp Exploration Ltd.'s exploration portfolio, Goldera is focused on unlocking value through systematic exploration of district-scale gold and copper projects in Ontario, Quebec and New Brunswick, with interests in Yukon, supported by an experienced technical and capital markets team.

We seek Safe Harbor.