Early Warning News Release

Executive Summary

• Acquiror Ryan Kalt sold 2,049,800 common shares of Red Lake Gold Inc. between February 4‑6 2026 at an average price of $0.0358 per share.
• Following the sale, Kalt retains control of approximately 54.09% (27,335,500 shares) of Red Lake Gold’s outstanding common stock, plus related warrants and options.
• The transaction was executed on the open‑market facilities of the Canadian Securities Exchange; no further acquisition or disposition plans were disclosed.

Key Details

• Sale period: February 4–6 2026 (inclusive).
• Total shares divested: 2,049,800 common shares.
• Shares sold on February 6 2026: 1,148,800 common shares (triggering the filing).
• Average sale price: approximately $0.0358 per share.
• Post‑sale ownership: 27,335,500 common shares (~54.09% of outstanding shares) plus associated convertible instruments.
• Acquiror is an approved Control Person under CSE rules.
• No announced future intentions to acquire or dispose of additional securities beyond market‑driven decisions.

Notable Quotes

“Ryan Kalt” – statement confirming the divestiture and current ownership position.