Edgemont Provides Update on Transaction with Laiva Gold Inc.

Executive Summary

• Edgemont Gold Corp. and Laiva Gold Inc. have executed a further amendment to their definitive merger agreement, extending the closing deadline to April 15, 2026.
• The maturity date of the bridge loan advance from Edgemont to Laiva has also been extended to the same date.
• Edgemont has filed an application with the Canadian Securities Exchange seeking approval for the reverse‑takeover transaction and will soon provide shareholder materials for vote.

Key Details

• Amendment Scope: Extends the Transaction closing deadline from the original date to April 15, 2026.
• Bridge Loan Extension: Maturity of the bridge loan advance made by Edgemont to Laiva is now April 15, 2026.
• Regulatory Filing: Edgemont has submitted an application to the Canadian Securities Exchange for approval of the reverse‑takeover.
• Shareholder Approval: Both companies intend to circulate proxy/approval materials to their shareholders in the near term.
• Post‑Closing Ownership: Upon completion, Edgemont will indirectly own the Laiva Mine in Finland – a 6,000 t/d open‑pit gold operation with one of Europe’s largest processing plants.
• Future Strategy: The company anticipates acquiring additional assets to build a multi‑asset mining platform after the Transaction closes.
• Closing Conditions: Completion remains subject to CSE approval and other customary closing conditions.

Notable Quotes

• “We are pleased to have reached this amendment, which provides both parties with additional time to satisfy regulatory requirements and secure shareholder approvals,” – Stuart Rogers, Chief Executive Officer, Edgemont Gold Corp.