Plan of arrangement

The TSX Venture Exchange has approved the plan of arrangement of Kesselrun Resources Ltd. under the Business Corporations Act (British Columbia), pursuant to which Gold X2 Mining Inc. acquired all of the issued and outstanding common shares of Kesselrun.

The plan of arrangement was approved by Kesselrun securityholders on Nov. 21, 2025, at a special meeting of securityholders. Kesselrun received a final order from the Supreme Court of British Columbia on Nov. 26, 2025, in connection with the plan of arrangement.

Pursuant to the plan of arrangement each Kesselrun shareholder received approximately 0.2152 of a common share of Gold X2 and approximately 2.13 cents cash for each one Kesselrun share held.

The plan of arrangement is fully described in Kesselrun's information circular dated Oct. 21, 2025.

In addition, please refer to Kesselrun's news releases dated Oct. 1, 2025, and Nov. 26, 2025.

Delisting

In accordance with the above, the common shares of Kesselrun Resources will be delisted from the exchange. Accordingly, effective at the close of business on Tuesday, Dec. 2, 2025, the common shares of Kesselrun Resources will be delisted.