Exploits Announces Results of Annual General and Special Meeting

Executive Summary

• Shareholders approved a special resolution (99.51% in favour) to sell 100 % of Exploits Discovery Corp.’s mineral claims in Newfoundland to New Found Gold Corp., a transaction previously announced on September 8, 2025.
• All nominated directors were elected to the board with >99 % support, and Davidson & Company was re‑appointed as auditor.
• The sale is positioned to provide significant value to shareholders and free up capital for accelerated exploration of the company’s Québec and Ontario projects.

Key Details

• Transaction Approval: 44,332,313 votes for (99.51 %); 218,783 votes against (0.49 %).
• Director Elections: Jeff Swinoga, Rod Husband, Larry Short, Siri Genik, Douglas Cater each received >99 % of votes cast; minimal withheld votes (<1 %).
• Auditor Reappointment: Davidson & Company re‑appointed with 58,719,298 votes for (99.68 %) and 186,499 votes against (0.32 %).
• Strategic Rationale (CEO Quote): “This transaction will not only provide significant value and ongoing exposure to New Found Gold’s future success in Newfoundland, but also position us to accelerate our exploration and resource growth in Québec and Ontario.”
• Post‑sale Portfolio: After the sale, Exploits’ assets consist of three advanced‑stage gold projects in Québec (Fenton, Wilson, Benoist) and the Hawkins Gold Project in Ontario.

Notable Quotes

“On behalf of Exploits, I want to sincerely thank our shareholders for their overwhelming support of this transformational transaction, which received 99.5 % approval,” – Jeff Swinoga, President & CEO.