Mr. Michael Henrichsen reports

GOLD X2 ANNOUNCES THE APPOINTMENT OF AMIEL BLAJCHMAN AS VP OF SUSTAINBAILITY

Gold X2 Mining Inc. has welcomed Amiel Blajchman to the senior management team of Gold X2. Mr. Blajchman joins as vice-president, sustainability, and will oversee the execution of the company's commitment to responsibly advance the Moss gold project by fostering positive relationships and leading to meaningful socio-economic benefits for local communities, while navigating complex regulatory environments and minimizing environmental impacts.

Mr. Blajchman brings more than 20 years of experience advancing mining and resource development projects across Canada and internationally, including senior roles with Premier gold mines, Greenstone gold mines, Ambershaw metallics and Magino mines. He has led environmental assessment and permitting processes, indigenous and community engagement, and environmental, social and governance strategy for gold, iron ore, coal, lithium and rare earth projects, as well as provided due diligence and assurance services for companies such as Centerra Gold, Yamana Gold and Alamos Gold.

A professional agrologist, he is recognized for navigating complex regulatory environments and delivering large-scale projects, including leading full environmental assessments, negotiating impact benefit agreements and supporting major project approvals across multiple jurisdictions. In recent years, he has advised on permitting and ESG strategy for projects, including lithium developments in Ontario and rare earth and gold projects in Canada and Alaska, while also serving as an independent auditor under the Responsible Gold Mining Principles. He holds an honours BSc in zoology from the University of Toronto and a master in environmental studies from York University.

Michael Henrichsen, chief executive officer of Gold X2, commented: "We're thrilled to announce Amiel Blajchman as our new vice-president of sustainability, joining our manager of community and partner engagement and manager of environment and regulatory affairs to complete our owner's team, positioning the company to advance the Moss gold project through permitting and toward a construction decision. These recent appointments demonstrate the concerted steps taken to assemble a leadership team that will be able to responsibly develop Moss into one of Canada's next big gold mines. These appointments reflect our core value of responsible development, which is fundamental to how we conduct ourselves as a company."

Equity grant to management

The company also announces that, in connection with his appointment as vice-president, sustainability, Mr. Blajchman has been granted 250,000 incentive stock options and 100,000 restricted share units, pursuant to the company's omnibus incentive plan. The options are each exercisable to purchase one common share of the company at an exercise price of $1.54 for a period of five years. Each RSU entitles the holder to be issued one common share of the company upon vesting, and the RSUs will vest one year from grant.

About Gold X2 Mining Inc.

Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in Tier 1 jurisdictions. It is led by the former global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The company's current focus is the advanced-stage 100-per-cent-owned Moss gold project, which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled work force. The company has invested over $100-million of new capital and completed approximately 100,000 metres of drilling on the Moss gold project, which, in aggregate, has had over 300,000 metres of drilling. The 2026 updated National Instrument 43-101 mineral resource estimate for the Moss and East Coldstream deposits has expanded to 2,458,000 ounces of indicated gold resources at 1.04 grams per tonne gold, contained within 73.8 million tonnes, and 4,209,000 ounces of inferred gold resources at 0.97 g/t Au, contained within 134.7 million tonnes. The Moss deposit also has a silver MRE of 3.16 million ounces of indicated silver resources at 1.53 g/t Ag, contained within 64.3 Mt, and 6,273,000 ounces of inferred silver resources at 1.55 g/t Ag, contained within 125.9 Mt. Results of a preliminary economic assessment of the Moss gold project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by an NI 43-101 technical report for the Moss gold project available on the company's website and under the company's issuer profile on SEDAR+.

We seek Safe Harbor.