Mr. Martin Dallaire reports

VISIBLE GOLD MINES RECEIVED FINAL PAYMENT FOR PROJECT SALE

Visible Gold Mines Inc. has received the final cash payment of $750,000. In consideration for the sale of exploration projects to Fokus Mining Corp., the corporation received an initial cash payment of $750,000 in September, 2025, and 10 million shares of Fokus Mining valued as of today at $2.1-million. The second cash payment of $750,000 is now received and the 10 million shares of Fokus are now free from the four-month hold period.

Annual and special meeting of shareholders

Visible Gold held its annual and special meeting on Dec. 22, 2025. At the meeting, the shareholders elected Martin Dallaire, Pierre Vezina and Joel Gagne as directors of the corporation. Following the meeting, the board of directors of the corporation reappointed Mr. Dallaire as president and chief executive officer of the corporation, and Veronique Laberge as chief financial officer of the corporation. In addition, shareholders also approved resolutions ratifying and confirming the corporation's stock option plan and reappointing Raymond Chabot Grant Thornton LLP, chartered professional accountants, as the auditor of the corporation.

About Visible Gold Mines Inc.

Visible Gold Mines is a corporation focused on gold in the prolific Abitibi gold belt and lithium in the James Bay region in the province of Quebec. Visible Gold Mines has 37,155,164 common shares issued and outstanding.