Early Warning News Release

Executive Summary

• Acquiror Ryan Kalt sold 2,479,000 Red Lake Gold Inc. common shares (≈4.91% of outstanding) between Feb 20‑23, 2026 at an average price of $0.0184 per share.
• After the sale, Kalt retains control of approximately 46.21% of Red Lake Gold’s common equity (23,356,500 shares).
• The transaction is disclosed under NI 62‑103/62‑104 via Form 62‑103F1 filed on SEDAR+.

Key Details

• Divested Securities: 2,479,000 common shares sold; 1,629,000 of those sold on Feb 23, 2026.
• Ownership Post‑Sale: 23,356,500 common shares owned (≈46.21% of Red Lake Gold’s 50,539,169 issued and outstanding shares).
• Percentage Sold: The divested shares represent 4.91% of the issuer’s outstanding common shares.
• Average Sale Price: Approximately $0.0184 per share.
• Sale Venue: Open‑market facilities of the Canadian Securities Exchange (CSE) or other broker‑routed public exchanges.
• Regulatory Filing: Form 62‑103F1 filed today on SEDAR+ as required by NI 62‑103/62‑104.
• Future Intentions: Acquiror may buy or sell additional securities of the issuer in the future, subject to market conditions and investment objectives; no specific plans disclosed.

Notable Quotes

• “Ryan Kalt” – signature of the Acquiror confirming the disclosure.