Mr. Hendrik van Alphen reports

GELUM ANNOUNCES THE APPOINTMENT OF CHAD WILLIAMS TO THE BOARD OF DIRECTORS AND SETS RECORD DATE FOR CONSOLIDATION

Gelum Resources Ltd. has appointed Chad Williams to the board of directors, effective immediately. The board of directors welcomes Mr. Williams to the board and looks forward to his input and expertise.

Mr. Williams is the founder and chairman of Red Cloud Mining Capital. He was the chief executive officer of Victoria Gold from 2007 to 2011 and a gold analyst and head of mining investment banking at Blackmont Capital from 2004 to 2007. Mr. Williams holds a degree in mining engineering and business from McGill University.

Consolidation date

The company further reports that the record date and effective date of the company's share consolidation have been set as Jan. 27, 2026, and the company's common shares will commence trading on a postconsolidated basis of four old preconsolidated common shares for one new postconsolidated common share. Following the consolidation, the number of issued and outstanding common shares will be 15,494,319 common shares. The company's name and symbol will not change. No fractional postconsolidation common shares will be issued, fractions of less than one-half of a common share will be cancelled and fractions of at least one-half of a common share will be converted to a whole common share. Registered shareholders holding physical certificates will receive a letter of transmittal from the company's transfer agent describing the process by which shareholders may obtain new certificates (DRS advices) representing their consolidated common shares. Shareholders holding common shares represented by a DRS statement and beneficial shareholders holding through a broker or other intermediary will not be required to complete a letter of transmittal to receive their postconsolidation common shares.

The new Cusip number for the postconsolidated common shares will be 36854R200 and the new ISIN (international securities identification number) will be CA36854R200.

About Gelum Resources Ltd.

Gelum Resources is a company led by seasoned management and advisers in the mining and financial sectors.

We seek Safe Harbor.