K9 Gold enters option deal with Sokoman, cuts placement

Mr. Jeff Poloni reports K9 GOLD CORP. ANNOUNCES OPTION AGREEMENT WITH SOKOMAN MINERALS ON STONY LAKE PROPERTY AND UPDATE ON PRIVATE PLACEMENT K9 Gold Corp. has entered into an option agreement dated Oct. 2, 2025, with Sokoman Minerals Corp. regarding the company's 75-per-cent interest in the Stony Lake gold property, located in central Newfoundland. Under the terms of the agreement, Sokoman has the option to acquire the Stony Lake property by issuing to K9 a total of 1.5 million common shares of Sokoman upon receipt of all necessary regulatory approvals. Jeff Poloni, chief executive officer of K9 Gold, commented: "We are very pleased to partner with Sokoman Minerals on the Stony Lake project. Sokoman has an excellent track record of exploration success in Newfoundland, and we believe this agreement provides K9 with significant upside exposure to future discovery while allowing us to concentrate our efforts on advancing the recently acquired Trinity silver project in Nevada." In conjunction with this transaction, the company also announces that it has reduced the size of its previously announced private placement from $2.5-million to $1.25-million. The reduction reflects the company's decision to redirect its exploration focus toward the Trinity silver project and, as a result, K9 no longer requires additional funds previously allocated for work on the Stony Lake property. This adjustment will result in less shareholder dilution while still providing K9 with sufficient capital to continue advancing the historical resource and conducting targeted exploration and development activities at the Trinity Silver project. Proceeds from the financing will now be primarily directed toward exploration and development at Trinity and for general working capital purposes. About K9 Gold Corp. K9 Gold is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in North America. The company's primary asset is the Trinity silver project in Pershing county, Nevada, which covers approximately 14,523 acres of owned and leased land and hosts a historic open-pit, heap-leach silver operation. We seek Safe Harbor.