Fairchild Gold closes $1.1-million private placement

Mr. Nikolas Perrault reports FAIRCHILD GOLD ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING Fairchild Gold Corp. closed, on Oct. 16, 2025, its previously announced non-brokered private placement financing for gross proceeds of $1,100,047.93. In connection with the closing of the offering, the company issued 12,222,777 units at a price of nine cents per unit. Each unit comprises one common share in the capital of the company and one common share purchase warrant, whereby each whole warrant shall be convertible into an additional common share at an exercise price of 15 cents for a period of 60 months from the date of issuance. The warrants include an acceleration clause to the effect that if the daily volume weighted average closing price of the common shares on the TSX Venture Exchange is at least 50 cents per common share for a period of five consecutive trading days, 12 months after the closing date of the offering, the company may, within five days of the triggering event, accelerate the expiry date of the warrants by giving notice thereof to the holders of the warrants, by way of news release, and in such case the warrants will expire on the first day that is 10 calendar days after the date on which such notice is given by the company announcing the triggering event. No finder's fee was paid in this offering. The common shares and warrants issued under the offering will be subject to a statutory hold period expiring four months and one day from the date of issuance or longer for certain subscribers. The offering remains subject to final approval of the TSX Venture Exchange. Proceeds of the offering will be used to advance the company's Nevada gold projects and for general working capital purposes. About Fairchild Gold Corp. Fairchild Gold is a mineral exploration company focused on acquiring, exploring and developing high-quality mineral properties in mining-friendly jurisdictions. The company's flagship Nevada Titan project is in the historic Goodsprings mining district in Nevada. The company is also the 100-per-cent owner of the Fairchild Lake property, consisting of 108 mining claims covering an area of 2,224 hectares, located approximately 250 kilometres northwest of the city of Thunder Bay in the Patricia mining division, Ontario. We seek Safe Harbor.