Gold X2 signs deal to acquire Coldstream property

Mr. Michael Henrichsen reports GOLD X2 ENTERS INTO PROPERTY PURCHASE AGREEMENT Gold X2 Mining Inc. has entered into a property purchase agreement dated Oct. 20, 2025, with an arm's-length party, pursuant to which Gold X2 will acquire from the vendor all of the rights, title and interests in and to the mineral exploration property known as the Coldstream claims, located in the province of Ontario. The proposed acquisition will add 939 hectares, further consolidating Gold X2's land position and enhancing exploration potential across the Shebandowan greenstone belt. In consideration of the property, the company paid the vendor an initial cash payment of $200,000, and, on or before the date that is 12 months from the effective date, the company will pay the vendor a final cash payment of $200,000. Commencing from the execution of the purchase agreement until completion of the transaction, the company will act as the operator of the property. Upon completion of the transaction, the company will grant the vendor a 2-per-cent net smelter return (NSR) royalty with respect to the property. The company will have the right to repurchase from the vendor 1 per cent of the NSR royalty for $500,000 within 30 days of commercial production. About Gold X2 Mining Inc. Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in Tier 1 jurisdictions. It is led by the former global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The company's current focus is the advanced-stage, 100-per-cent-owned Moss gold project, which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and a skilled work force. The company has invested over $75-million of new capital and completed approximately 100,000 metres of drilling on the Moss gold project, which, in aggregate, has had over 255,000 metres of drilling. The 2024 updated National Instrument 43-101 mineral resource estimate has expanded to 1.54 million ounces of indicated gold resources at 1.23 grams per tonne gold contained within 38.96 million tonnes and 5.20 million ounces of inferred gold resources at 1.11 grams per tonne gold contained within 146.24 million tonnes. The MRE only encompasses 3.6 kilometres of the 35-plus-kilometre mineralized trend, remains open at depth and along strike, and is one of the few remaining major Canadian gold deposits positioned for development in this cycle. Please see the NI 43-101 technical report titled "Technical Report and Updated Mineral Resource Estimate for the Moss Gold Project, Ontario, Canada," dated March 20, 2024, with an effective date of Jan. 31, 2024, available under the company's SEDAR+ profile. We seek Safe Harbor.