Blue Jay Gold Corp. Receives Receipt for Final Prospectus and Conditional Acceptance for TSX Venture Exchange Listing

• Blue Jay Gold Corp. finalized a $14.7 million brokered private placement, receiving a receipt for its final prospectus on May 22, 2026.
• All 18.77 million subscription receipts automatically converted into common shares and warrants on May 28, 2026, releasing $13.94 million in net proceeds from escrow.
• The company received conditional acceptance for listing on the TSX Venture Exchange as a Tier 1 Mining issuer, with common shares expected to begin trading under the symbol "JAY" on June 4, 2026.
• Post-transaction capitalization stands at 47,550,234 common shares outstanding.
• The financing includes 9,385,050 warrants exercisable at $1.20 per share for a 24-month period.
• Beacon Securities Limited acted as lead agent, with ATB Capital Markets Corp. and Red Cloud Securities Inc. participating as agents.

• The news represents a routine closing of a previously announced financing. The market was already aware of the subscription receipts and the capital raise, so the final prospectus receipt and escrow release are administrative confirmations rather than new information.
• Conditional acceptance for a TSXV Tier 1 listing is a standard milestone for junior miners that have secured funding. It provides exchange visibility and potential liquidity but does not alter the underlying exploration thesis or project economics.
• The $13.94 million in net proceeds will fund near-term exploration and corporate overhead. While positive for runway, it does not constitute a material change in valuation or project status.
• No strategic investors, management changes, or exploration results are disclosed. The impact is incremental and expected.

• Blue Jay Gold Corp. is a junior mining company focused on gold exploration.
• The company is pursuing a Tier 1 Mining listing on the TSX Venture Exchange, indicating it has progressed through early exploration or resource definition stages.
• Specific details regarding the flagship project location, tenure, geological history, or current resource status are not provided in the available data.
• The company is currently in the capitalization and early-to-mid exploration phase, relying on the newly raised funds to advance its property.