Mr. Nasim Tyab reports

STOCKWORKS GOLD INC. AMENDS ORIGINAL AGREEMENT AND RECEIVES APPROVAL FOR THE SALE OF CABIN LAKE PROPERTY

Further to its Oct. 30, 2025, and Nov. 14, 2025 news releases, the TSX Venture Exchange has accepted for filing documents related to the sale of Stockworks Gold Inc.'s Cabin Lake gold property in the Northwest Territories to Fin Resources (Canada) Ltd. Stockworks shareholders voted in favour of the sale of the property at the company's annual meeting held Dec. 12, 2025.

On Jan. 6, 2026, the company entered into an amending agreement with Fin Resources (Canada) (the purchaser), a subsidiary of Fin Resources Ltd., an Australian Securities Exchange-listed company, amending the previously announced agreement for the purchase and sale of the property.

Under the terms of the variation agreement, the original agreement is amended as follows:

• The purchaser has the right to extend, by 12 months, the dates required to complete the Stage 2 milestone and the Stage 3 milestone (as defined in the Oct. 30 news release) by paying $100,000 (Australian) to the company for each extension.
• The purchaser will be paying a $6,000 liability owed to the Tlicho government under the first nations access agreement.
• The process to transfer title to the mineral claims comprising the property and associated permits is to begin immediately and the purchaser will provide a payment of $100,000 to the company as an exploration access fee to allow the purchaser to begin work on the property pending completion of transfer and closing on Feb. 28, 2026, when the $200,000 cash consideration payment from the purchaser is due. The $100,000 access fee and the $6,000 payment to the Tlicho government will be credited against the $200,000 cash consideration payment and in the event that closing does not occur title to the property will be transferred back to the company and the $100,000 access fee will be reimbursed to the purchaser.

In connection with the sale of the property, the company has signed a finder's agreement with Meccano Consulting Pty Ltd. of Perth, Australia. Under the terms of the finder's agreement, the company will pay a 5-per-cent finder's fee on the transaction value of the sale of the Cabin Lake gold project, payable in tranches as the purchaser of the property completes the various staged payments.

The sale of the property and the finder's agreement remain subject to final exchange approval.

About Stockworks Gold Inc.

Stockworks is a publicly traded junior mining company that trades on the TSX-V under the symbol STW. The company is currently focused on its early-stage Pirenopolis gold project in Brazil.

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