Fairchild enters definitive deal for Golden Arrow

Mr. Nikolas Perrault reports FAIRCHILD GOLD SIGNS DEFINITIVE AGREEMENT TO ACQUIRE THE GOLDEN ARROW PROPERTY Fairchild Gold Corp. has entered into a definitive asset purchase agreement dated March 23, 2026, with Emergent Metals Corp., as well as both parties' respective subsidiaries, to acquire the Golden Arrow property as previously announced on Sept. 29, 2025. As consideration for the transaction, EMR shall receive, upon closing, a combination of cash, common shares, a net smelter return royalty and a senior secured note, as follows: $600,000 (U.S.) in cash, of which $250,000 (U.S.) was previously provided in the form of a non-refundable deposit; 12.5 million common shares; $3.5-million (U.S.) principal amount under the note, subject to an early repayment mechanism pursuant to which: (i) the company shall repay $500,000 (U.S.) of the principal amount immediately upon the closing of a financing by the company for gross proceeds of not less than $3-million (U.S.); and (ii) the company shall repay $2.5-million (U.S.) of the principal amount within six months following the closing date, upon which the remaining balance of the note shall be forfeited and the security interest discharged; and A 0.5-per-cent net smelter return royalty on the property, subject to standard buyback provisions. The company is also required to finance an approximately $40,000 (U.S.) reclamation bond upon the closing of the transaction. All common shares to be issued as consideration are subject to a statutory four-month hold period in accordance with applicable securities laws and policies of the TSX Venture Exchange. No finders' fees will be paid in connection with the transaction. The transaction constitutes a reviewable acquisition and a fundamental acquisition as defined in Policy 5.3 (Acquisitions and Dispositions of Non-Cash Assets) of the TSX Venture Exchange, and, as such, completion of the transaction remains subject to shareholder approval and the approval of the TSX-V. The transaction will close once TSX-V gives conditional approval, all necessary materials are provided and all closing conditions are met. The company intends to obtain disinterested shareholders approval by way of written consent from holders of more than 50 per cent of the issued and outstanding common shares of the company. As required by the TSX-V, a technical report on the property entitled "2026 Technical Report on the Golden Arrow Project, Nye County, Nevada, USA," prepared in accordance with the requirements of National Instrument 43-101 (Standards of Disclosure for Mineral Projects) has been filed and is available under the company's profile on SEDAR+. The authors and qualified persons (as defined in NI 43-101) for the technical report are Michael S. Lindholm, CPG, and Jack McPartland, MMSA. The technical report is subject to the approval of the TSX-V. Additional information The company will provide further details in respect of the transaction in due course by way of one or more press releases. About Fairchild Gold Corp. Fairchild is a public company engaged in the business of mineral exploration and development of copper, gold and silver assets in mining-friendly jurisdictions across North America. The company is committed to identifying and developing high-quality resource properties in Nevada with strong geological resource potential. Its strategy focuses on creating long-term shareholder value through disciplined exploration, strategic partnerships and responsible development practices. Fairchild Gold's recently assembled trinity of Nevada properties includes Nevada Titan, Fairchild's flagship property, located in the Goodsprings mining district, Nevada, an area known for historical high-grade copper-gold-platinum-group-element mining. In more recent times, Nevada Titan was also highlighted for its near-surface antimony and cobalt potential. That was followed by a memorandum of understanding toward the acquisition of the Golden Arrow property in the prolific Walker Lane shear zone, encompassing two principal resource areas, Gold Coin and Hidden Hill, with a combined measured and indicated and inferred resource base outlined in a National Instrument 43-101 report written by Mine Development Associates. Finally, Fairchild owns the Carlin Queen property, an advanced-stage gold-silver project located at the intersection of the Carlin and Midas-Hollister gold trends. Fairchild Gold is leveraging the potential of all these three properties by utilizing the outstanding mineral resource support Nevada provides. We seek Safe Harbor.