Mr. Michael Schuss reports

RED LAKE GOLD INC. REPORTS ANNUAL GENERAL AND SPECIAL MEETING RESULTS

All resolutions presented to shareholders at Red Lake Gold Inc.'s annual general and special meeting held on Sept. 21, 2026, in Vancouver, B.C., were approved.

Meeting results

The resolutions were outlined in the corporation's information circular dated Aug. 7, 2026.

At the meeting, shareholders fixed the number of directors at four, re-elected Brian Hearst and elected Michael E. Schuss, Tor Bruland and Kirsten Sorensen as directors of the corporation to hold office until the conclusion of the next annual general meeting or until their successors are elected, unless their offices are earlier vacated.

The corporation is pleased to extend a warm welcome to Mr. Bruland and Ms. Sorensen as new members of its board of directors. The corporation also thanks Michael J. England for his service. Mr. England did not stand for re-election at the meeting.

Shareholders also reappointed Adam Sung Kim Ltd., chartered professional accountants, as auditor of the corporation until the close of the next annual general meeting and authorized the directors to fix its remuneration.

Renewal of stock option plan

Shareholders approved, by ordinary resolution, the corporation's existing stock option plan for a further three-year period ending Sept. 21, 2029. The stock option plan was previously approved by shareholders on Dec. 18, 2023.

The stock option plan is a rolling plan that reserves for issuance upon the exercise of stock options a maximum of 10 per cent of the corporation's issued and outstanding common shares from time to time. Further details of the stock option plan are included in the meeting circular.

About Red Lake Gold Inc.

Red Lake Gold is focused on advancing mineral exploration, including through mining claims that it holds in differing locations within Ontario, Canada.

The corporation is subject to various risks and uncertainties, including those risks and uncertainties set out in public filings made by the corporation, such public filings being available, without limitation, through SEDAR+ and its disclosure hall on the Canadian Securities Exchange's website.