Mr. Michael Henrichsen reports

GOLD X2 APPOINTS BRAD CORNBOROUGH TO BOARD OF DIRECTORS

Gold X2 Mining Inc. has appointed Brad Cornborough to its board of directors, effective July 9, 2026. The appointment remains subject to acceptance by the TSX Venture Exchange.

Mr. Cornborough is a lawyer who has extensive experience with capital projects, regulatory matters and first nations engagement, across the mining, forestry and transportation sectors. He is currently the general counsel of Seaspan Marine, a diverse group of Canadian marine transportation businesses. Mr. Cornborough was previously in-house counsel at Coeur Mining, where he was closely involved in several mine development and capital improvement projects, and with obtaining major mining and environmental authorizations. In his current and previous in-house roles, and throughout his prior years in private practice with the firm Norton Rose Fulbright Canada, Mr. Cornborough has also successfully negotiated and supported the implementation of numerous partnerships, joint ventures, impact-benefit agreements and other agreements with first nations. He holds a bachelor of commerce degree from McGill University and a juris doctor degree from the University of British Columbia.

"We are pleased to welcome Brad to the board," said Michael Henrichsen, chief executive officer of Gold X2. "His experience advising on mine development, regulatory matters, major capital projects and agreements with first nations will be valuable as we continue to advance the Moss gold project and build Gold X2 as a disciplined, growth-oriented gold company."

About Gold X2 Mining Inc.

Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in Tier 1 jurisdictions. It is led by the ex global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The company's current focus is the advanced stage 100-per-cent-owned Moss gold project, which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled work force. To date, the company has invested over $150-million of new capital and completed approximately 100,000 metres of drilling on the Moss gold project, which, in aggregate, has had over 300,000 metres of drilling. The 2026 updated National Instrument 43-101 mineral resource estimate (MRE) for the Moss and East Coldstream deposits has expanded to 2,458,000 ounces of indicated gold resources at 1.04 grams per tonne Au, contained within 73.8 million tonnes and 4,209,000 ounces of inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6,273,000 ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment (PEA) of the Moss gold project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss gold project available on the company's website and under the company's issuer profile on SEDAR+.

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