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Edgemont Gold receives shareholder OK for Laiva deal

2026-06-05 00:16 ET - News Release

Mr. Stuart Rogers reports

EDGEMONT SHAREHOLDER APPROVAL OBTAINED AND UPDATE ON TIMING OF CLOSING OF TRANSACTION WITH LAIVA GOLD INC.

Edgemont Gold Corp. has provided an update on its previously announced transaction with Laiva Gold Inc. Pursuant to the transaction, Edgemont agreed to acquire all of the issued and outstanding shares of Laiva, which will constitute a reverse takeover transaction of Edgemont, with the resulting issuer to be named Laiva Gold Inc. (the resulting issuer). Edgemont is pleased to announce that it has received approval of the transaction by way of written resolution from holders representing approximately 54 per cent of its issued and outstanding common shares, which is in excess of the threshold 50-per-cent requirement.

Having achieved this important milestone, Edgemont and Laiva expect to complete the transaction on June 15, 2026. Concurrently with completion of the transaction, Edgemont will complete a consolidation of its share capital on a 1:3 basis, change its name to Laiva Gold Inc. and change its stock symbol to SISU. More information regarding the closing of the transaction will follow in the near future. Final completion of the transaction remains subject to final approval of the Canadian Securities Exchange. The CSE listing statement in respect of the transaction and the business of the resulting issuer is available under the SEDAR+ profile of Edgemont.

About Laiva Gold Inc.

Upon completion of the transaction, the resulting issuer will indirectly own the Laiva mine in Finland. The Laiva mine is an open-pit operation, fully equipped with one of the largest gold plants in Europe (6,000-tonne-per-day capacity).

We seek Safe Harbor.

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