Early Warning News Release

Executive Summary

• Acquiror Ryan Kalt reported the sale of 1,500,000 Red Lake Gold Inc. common shares between Feb 17‑19 2026 at an average price of $0.0218 per share.
• After the divestiture, Kalt still controls approximately 25,835,500 shares (≈51.12% of outstanding common stock) together with related warrants and options.
• The transaction was executed on the Canadian Securities Exchange (CSE) open‑market facilities; no further plans were disclosed.

Key Details

• Divested securities: 1,500,000 Red Lake Gold Inc. common shares sold during Feb 17‑19 2026.
• Shares sold on Feb 19 2026: 525,000 of the total divested amount.
• Average sale price: $0.0218 per share (CSE open market).
• Post‑sale ownership: Ryan Kalt holds 25,835,500 common shares, representing ~51.12% of Red Lake Gold’s issued and outstanding common shares.
• Additional holdings: Includes related convertible instruments – common share warrants and stock options (details referenced in Form 62‑103F1).
• Regulatory filing: Disclosure filed on SEDAR+ as Form 62‑103F1 under NI 62‑103 (Early Warning System) and MI 62‑104 (Take‑Over Bids).
• Future actions: Acquiror may buy or sell additional securities of the issuer in open market or private transactions, subject to market conditions and investment objectives; no specific future intentions disclosed.

Notable Quotes

• “Ryan Kalt” – signature indicating personal acknowledgment of the disclosure.