Roxmore Makes Secondary Payment for Newton Gold Project

• Roxmore Resources Inc. completed the secondary milestone payment for the acquisition of the Newton Gold Project from Carlyle Commodities Corp.
• The payment was settled via the issuance of 312,500 common shares valued at C$1.25 million, priced at C$4.00 per share based on the 20-day VWAP.
• The issued shares carry a 4-month statutory hold period and a structured 7-month voluntary resale restriction schedule.
• An additional 62,500 finder's shares were issued to an arm's length finder under a finder's fee agreement.
• This transaction marks the 12-month anniversary of the initial acquisition closing and fulfills a previously announced contractual obligation.

• The news is a routine follow-up to the Mineral Property Purchase Agreement dated May 23, 2025. The market was fully aware of this milestone payment, and its completion is expected.
• The issuance of shares at C$4.00 represents a modest dilutive event (~1% of current outstanding shares) and does not alter the fundamental thesis or valuation drivers of the company.
• The Newton project remains a secondary asset to the flagship Converse Gold Project, which recently delivered a highly attractive Preliminary Economic Assessment (PEA) in April 2026.
• The completion of this payment removes a contractual overhang and demonstrates management's execution capability, but it does not constitute a market-moving catalyst.

• Roxmore Resources Inc. is a Canadian gold exploration and development company, recently uplisted to the Toronto Stock Exchange (TSX) in February 2026.
• Flagship Project: Converse Gold Project, located on the prolific Battle Mountain trend in Nevada. It is a 100%-owned, large-scale open pit heap leach project.
• The April 2026 PEA highlighted an After-Tax NPV5% of US$2.7 Billion at a gold price of US$3,600/oz, with an IRR of 43% and a payback period of 2.2 years.
• The project features a 14-year life of mine, producing an average of 267,000 oz/year over the first 8 years, with total payable gold of 3.5 million ounces.
• Additional assets include the Newton Gold Project (acquired from Carlyle Commodities) and the Rattlesnake Hills project (acquired from GFG Resources).