Edgemont Provides Update on Reverse Takeover and Fundamental Change Transaction with Laiva Gold Inc.

Executive Summary

• Edgemont Gold Corp. and Laiva Gold Inc. have executed an amendment to their definitive merger agreement, extending the closing deadline to December 31 2025.
• The amendment also extends the maturity date of the bridge loan advance from Edgemont to Laiva to the same new deadline.
• Upon completion, Edgemont will own the Laiva Mine in Finland—a 6,000‑t/day open‑pit gold operation—and plans to acquire additional assets to build a multi‑asset mining company.

Key Details

• Amendment Scope: Extends the Transaction closing date from the original deadline to December 31 2025.
• Bridge Loan Extension: Maturity of the bridge loan advance provided by Edgemont to Laiva is also extended to December 31 2025.
• Transaction Structure: Reverse takeover where Edgemont will acquire 100% of Laiva’s issued and outstanding shares.
• Post‑Closing Ownership: Edgemont will indirectly own the Laiva Mine, an open‑pit gold mine in Finland equipped with a 6,000 t/day processing plant—one of Europe’s largest.
• Future Growth Plan: Company intends to acquire additional assets after closing to form a multi‑asset mining entity.
• Regulatory Conditions: Completion subject to approval by the Canadian Securities Exchange and satisfaction of other customary closing conditions.
• Reference Materials: Additional information available on Edgemont’s SEDAR+ profile and prior news releases dated February 20, June 4, and August 8 2025.

Notable Quotes

“We remain diligent in working toward the successful completion of this transaction, which will provide us with a world‑class gold asset and a platform for future growth,” – Stuart Rogers, Chief Executive Officer.