Mr. Saf Dhillon reports

BAYRIDGE COMPLETES ACQUISITION OF 51% INTEREST IN THE BAKER LAKE URANIUM PROJECT

Further to the news release dated Nov. 24, 2025, Bayridge Resources Corp. has completed the acquisition of 51 per cent of the issued and outstanding shares of 1461433 B.C. Ltd. (Privco), a B.C. private company that holds a 100-per-cent interest in and to the Baker Lake uranium project located in the Kivalliq region of Nunavut. The closing of the acquisition was carried out pursuant to a definitive share purchase agreement among the company, Privco and the shareholders of Privco dated Nov. 23, 2025.

In consideration for the acquisition, on closing, the company issued 5,599,998 common to the vendors. No new control blocks were created upon the completion of the acquisition.

Pursuant to applicable securities laws and the approval process implemented by the Canadian Securities Exchange, the shares issued as consideration for the acquisition are subject to resale restrictions whereby they may not be sold before the date that is the later of: (i) four months and one day after the distribution date; and (ii) 10 days following the date on which the issuer files its next audited annual financial statements in the normal course.

In connection with the acquisition, the company intends to pay a finder's fee of up to a total of $139,999.95 to an arm's-length finder.

About Bayridge Resources Corp.

Bayridge is a green energy company advancing its portfolio of Canadian uranium projects. The 51-per-cent-owned Baker Lake uranium project consists of 83 contiguous claims in the Kivalliq region of Nunavut, covering 619 square kilometres. Exploration has defined a 75-kilometre unconformity with multiple uranium targets, supported by modern drilling and airborne geophysical surveys. Bayridge has also earned a 40-per-cent interest in the 1,337-hectare Waterbury East project, that is located 25 km northeast of the Cigar Lake mine in the northeastern Athabasca basin region. Geophysical surveys have identified a seven-kilometre-long conductivity corridor where mid-2000s drilling highlighted faulted and altered basement rock with local uranium enrichment. Large sections of this corridor remain untested.

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