Mr. Stuart Rogers reports

TRANSACTION WITH LAIVA GOLD INC. RECEIVES CONDITIONAL CSE APPROVAL

Edgemont Gold Corp.'s previously announced transaction with Laiva Gold Inc. has received conditional approval of the Canadian Securities Exchange (CSE). Pursuant to the transaction, Edgemont agreed to acquire all of the issued and outstanding shares of Laiva, which will constitute a reverse takeover transaction of Edgemont, with the resulting issuer to be named Laiva Gold. Edgemont and Laiva expect to complete the transaction later this month. Laiva previously confirmed that it received shareholder approval of the transaction, with well in excess of the threshold percentage of 66.67 per cent of shareholders of Laiva voting in favour of the transaction. It is a condition of the CSE and of the transaction that a majority of the shareholders of Edgemont approve the transaction. The Edgemont shareholder approval will be obtained by resolution in writing and is expected to be received in the near future. The CSE listing statement in respect of the transaction and the business of the resulting issuer will be filed under the SEDAR+ profile of Edgemont on May 6, 2026.

About Laiva and the transaction

Upon completion of the transaction, the resulting issuer will indirectly own the Laiva mine in Finland. The Laiva mine is an open pit operation, fully equipped with one of the largest gold plants in Europe (6,000 tonnes per day capacity). Completion of the transaction is subject to final approval of the Canadian Securities Exchange and certain other closing conditions.

We seek Safe Harbor.