Maple Gold Accelerates Growth Strategy with Senior Executive Appointment and Full Consolidation of Joutel

Maple Gold Mines Ltd. has completed the acquisition of a 100% interest in the Eagle Mine Property, fully exercising its option to consolidate the past-producing Eagle mine into its wholly owned Joutel Gold Project. The transaction consideration totaled C$1.2 million in cash and shares paid to Globex Mining Enterprises Inc., following C$1.2 million in cumulative exploration expenditures already incurred by Maple Gold. Globex retains a 2.5% Gross Metal Royalty (GMR), subject to a right of first refusal, which can be reduced to 1.5% GMR for a C$1.5 million cash payment.

The Eagle Property hosts an estimated 73,000 oz Au Indicated (0.5 Mt at 5.04 g/t) and 386,000 oz Au Inferred (3.0 Mt at 4.07 g/t). To support these operations, the company appointed Alex Rodriguez as Senior Vice President, Corporate Development & Strategy, bringing M&A and strategic planning experience from O3 Mining and Volcan Compañía Minera.

The Board approved equity incentive grants, including 200,000 stock options at $2.55 per share with 24-month vesting and 50,000 RSUs with 36-month vesting. Management reaffirmed plans for aggressive, fully funded step-out drill programs at Eagle and Joutel in H2 2026 and 2027.

Maple Gold Mines Ltd. (MGM) has moved forward with the acquisition of the Eagle Property, a transaction valued at a nominal C$1.2M cash cost after C$1.2M in exploration spend was already capitalized. The deal adds approximately 459,000 ounces of gold resources to the Joutel portfolio, marking an incremental step in the company’s district-scale consolidation strategy.

Under the terms of the agreement, Maple Gold holds a 2.5% gross mineral royalty (GMR) on the property, which is standard for junior exploration companies. This royalty can be reduced to 1.5% upon the payment of C$1.5M, offering a clear path to royalty optimization should the project advance to a preliminary economic assessment (PEA) or preliminary feasibility study (PEFS).

The company also announced an executive appointment aligned with its stated goal to scale operations and pursue strategic growth. This move does not introduce a new catalyst or alter the operational roadmap. The news remains consistent with prior announcements regarding the Eagle option, ongoing drilling at Joutel, and the scheduled mineral resource estimates (MRE) updates for April and June 2026. The market had already priced in the consolidation given the aggressive drilling narrative and resource growth trajectory, meaning the announcement did not exceed expectations or present a surprise catalyst.

Maple Gold Mines Ltd. is a Canadian gold exploration company focused on its 100%-owned Douay and Joutel Gold Projects in Quebec's Abitibi Greenstone Belt. The property package spans approximately 481 km² along the Casa Berardi Deformation Zone, featuring multiple mineralization styles including porphyry, vein, shear, and VMS deposits.

The Douay Project hosts potential for both open-pit and underground mining. The April and June 2026 Mineral Resource Estimates (MRE) report 731,000 oz Indicated and 2.74 million oz Inferred resources for the open pit, plus 48,000 oz Indicated and 560,000 oz Inferred for underground operations. The Joutel Project is a past-producing complex, formerly home to the Eagle and Telbel mines, which produced 1.1 million oz of gold at an average grade of 6.5 g/t between 1974 and 1993. Its maiden underground MRE reports 126,000 oz Indicated and 992,000 oz Inferred resources.

Combined, the MREs total 905,000 oz Indicated and 4,297,000 oz Inferred resources. Infrastructure includes year-round highway access, adjacency to Hydro-Québec transmission corridors, existing core facilities, and a 46-person camp. The jurisdiction is ranked highly by the Fraser Institute.