Mr. Michael Parker, a shareholder, reports

MICHAEL A. PARKER ACQUIRES SECURITIES OF FREEMAN GOLD CORP.

Michael A. Parker has indirectly acquired ownership and control of 14,166,667 units of Freeman Gold Corp., effective Oct. 16, 2024. Each subject unit consists of one common share of the company and one common share purchase warrant exercisable at eight cents for a period of nine months from the date of issuance. The subject units were acquired pursuant to private placement from treasury of the company.

The subject units represent approximately 7.4 per cent of all issued and outstanding shares as of Oct. 16, 2024 (or approximately 13.8 per cent on a partially diluted basis, assuming exercise of the warrants only), resulting in a corresponding change to the aggregate percentage ownership of the company by the acquirer.

Immediately before the acquisition, the acquirer and his joint actors held no securities of the company. Immediately following the acquisition, the acquirer and his joint actors held 14,166,667 subject units, representing approximately 7.4 per cent of all issued and outstanding shares as of Oct. 16, 2024 (or approximately 13.8 per cent on a partially diluted basis, assuming exercise of the warrants only), all of which are held by joint actors of the acquirer.

The subject units were acquired pursuant to the private placement for a price of six cents per subject unit. The holdings of securities of the company by the acquirer are managed for investment purposes, and the acquirer and/or his joint actors could increase or decrease their respective investments in the company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.

Additional information

A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting: Mr. Parker, 6700 East Caron Dr., Paradise Valley, Ariz., 85253, telephone: 602-625-4049.