Mr. Randy Turner reports

INDEPENDENCE GOLD ANNOUNCES FINANCING OF UP TO $5.0 MILLION

Independence Gold Corp. has arranged a proposed non-brokered equity financing comprising flow-through common shares (the FT shares) and units. The FT shares will be offered at 11 cents and the units will be offered at a price of 10 cents for a maximum aggregate proceeds of up to $5-million, and a combined total of a maximum 50 million shares issued. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional share at an exercise price of 15 cents per common share for a period of 24 months. Subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange, finders' fees may be payable to eligible arm's-length persons with respect to certain subscriptions accepted by the company.

The proceeds from the FT shares will be used by the company to incur eligible Canadian exploration expenditures that will qualify as flow-through mining expenditures as such terms are defined by the Income Tax Act (Canada) related to the 3Ts project, British Columbia, and the Boulevard project, Yukon. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares effective Dec. 31, 2025. A portion of the proceeds from the units is also intended to be used for general and administrative purposes. The financing is expected to close on or before Dec. 19, 2025.

Closing of the offering is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. The securities issued will be subject to a four-month hold period.

We seek Safe Harbor.