Plan of arrangement

The TSX Venture Exchange Inc. has accepted for filing a plan of arrangement pursuant to an arrangement agreement dated Aug. 8, 2024, among Harfang Exploration Inc. and Neworigin Gold Corp. On Nov. 7, 2024, Harfang completed the acquisition of all of the issued and outstanding common shares of Neworigin under the Business Corporations Act (Ontario). Under the Agreement, each Neworigin shareholder received 0.25694426 of a Harfang common share for each common share of Neworigin held.

The arrangement was approved by the shareholders of Neworigin at a special meeting of the shareholders held on Oct. 23, 2024. The arrangement was approved by the Ontario Superior Court of Justice on Oct. 30, 2024, and the arrangement closed on Nov. 7, 2024.

In order to receive the Harfang common shares to which they are entitled, registered holders of Neworigin common shares are required to deposit their share certificates/DRS advices representing their Neworigin common shares, together with a duly completed letter of transmittal, with Computershare Investor Services Inc., the depositary under the arrangement. Shareholders whose Neworigin common shares are registered in the name of a broker, dealer, bank, trust company or other nominee must contact their nominee to deposit their Neworigin common shares.

Postarrangement

Capitalization:  unlimited number of common shares with no par value, of which 80,845,790 common shares are issued and outstanding

Escrowed shares:  nil common share

Transfer agent:  Computershare Investor Services Inc. (Montreal and Toronto)

Trading symbol:  HAR (unchanged)

Cusip No.:  412379 20 8 (unchanged)

For further information in connection with the arrangement, refer to Neworigin information circular dated as of Sept. 12, 2024, which is available on SEDAR+, and the news releases of Harfang dated Aug. 9, 2024, and Nov. 7, 2024.

Delisting of Neworigin

Further to the closing of the transaction, the common shares of Neworigin will be delisted from the TSX Venture Exchange effective at the close of business, Tuesday, Nov. 12, 2024.