Mr. Orin Baranowsky reports

NEXGOLD ANNOUNCES EQUITY GRANTS

Nexgold Mining Corp. has granted 18,181 deferred share units (DSUs) of the company to David Anthony, an independent director, as part of his recent appointment to the company's board of directors announced on May 12, 2026. The DSUs were granted in accordance with the company's omnibus equity incentive plan.

About Nexgold Mining Corp.

Nexgold is a gold-focused company with assets in Canada and Alaska, including the Goldboro gold project in Nova Scotia, the Goliath gold complex (which includes the Goliath, Goldlund and Miller deposits) in Northwestern Ontario, and additional exploration projects across Canada. Nexgold also holds a 100-per-cent interest in the high-grade Niblack copper-gold-zinc-silver VMS (volcanogenic massive sulphide) project in southeast Alaska. Nexgold is committed to continuing, meaningful engagement with regional communities and indigenous nations to support sustainable development, safe operations, and shared economic and social benefits.