Edgemont, Laiva extend deadline for RTO to Dec. 31

Executive Summary

• Edgemont Gold Corp. and Laiva Gold Inc. have executed an amendment to their definitive merger agreement, extending the closing deadline to Dec 31 2025.
• The bridge loan maturity date provided by Edgemont to Laiva is also extended to Dec 31 2025.
• Completion of the transaction will give Edgemont indirect ownership of the Laiva open‑pit gold mine in Finland and its 6,000‑t/day processing plant, positioning the combined entity for a multi‑asset mining platform.

Key Details

• Amendment Agreement: Modifies the June 4 2025 definitive merger agreement between Edgemont Gold Corp. (the “Company”) and Laiva Gold Inc. (“Laiva”).
• Closing Deadline Extension: New target date for closing the reverse takeover is December 31, 2025 (previous deadline not disclosed).
• Bridge Loan Extension: Maturity of the bridge loan advance made by Edgemont to Laiva is also extended to December 31, 2025.
• Transaction Structure: Upon completion, Edgemont will acquire all issued and outstanding shares of Laiva, effecting a reverse takeover where Edgemont becomes the surviving entity.
• Asset Ownership Post‑Closing: The combined company will indirectly own the Laiva mine, an open‑pit operation in Finland equipped with one of Europe’s largest gold processing plants (6,000 tonne per day capacity).
• Strategic Outlook: Management anticipates acquiring additional assets after closing to build a multi‑asset mining platform.
• Regulatory Conditions: Transaction subject to approval by the Canadian Securities Exchange and satisfaction of customary closing conditions.
• Reference Materials: Further information available on the company’s SEDAR+ profile and prior news releases dated Feb 20, June 4, and Aug 8 2025.

Notable Quotes

(No direct quotes were provided in the release.)