Mr. Grant Freeman reports

ENVIROGOLD ANNOUNCES 99% EXERCISE OF WARRANTS EXPIRING APRIL 30, 2026, RAISING $3.56 MILLION

Envirogold Global Ltd. has noted 44,474,680 of 44,885,580 warrants expiring on April 30, 2026, were exercised prior to expiry, representing an exercise rate of more than 99 per cent and generating $3,557,974 in new cash proceeds for the company.

Grant Freeman, chief executive officer of Envirogold Global, said:

"This is an outstanding result and a clear vote of confidence from our warrantholders, with more than 99 per cent of the expiring warrants being exercised. Importantly, this strengthens our balance sheet at a pivotal point in Envirogold's growth cycle and positions the company to accelerate commercialization of the NVRO Process."

Use of proceeds

The additional capital will support:

• Continuing commercialization initiatives as the company advances the NVRO Process toward industrial-scale commercial deployment -- technology readiness level 9;
• Customer engagement and project assessment activities across global mining markets;
• Continued advancement of Envirogold's technology licensing model;
• Further development of the company's critical minerals hub strategy, a centralized processing approach designed to accelerate industrial-scale deployment of the NVRO Process across mine waste, tailings and other qualifying mineralized material from multiple sources.

NVRO Process

Envirogold's NVRO Process is being positioned as a transformative technology for the mining sector, with three core applications:

• A reprocessing solution for legacy tailings;
• A primary mineral processing technology for sulphidic and refractory ores;
• A back-of-mine solution to reduce future tailings generation and acid-generating waste.

By targeting metal recovery from mine waste and difficult-to-process sulphide materials, Envirogold is focused on creating new economic value while supporting improved environmental outcomes for mine owners, tailings owners and surrounding communities.

David Cam, executive chairman of Envirogold Global, said:

"The near-total exercise of these warrants is more than a financing milestone, it demonstrates our shareholders' strong support for the company's strategy. Envirogold is entering a critical phase of execution, and this additional capital allows us to move forward with greater confidence, momentum and flexibility as we advance commercialization and pursue growth opportunities."

About Envirogold Global Ltd.

Envirogold Global is a clean technology company focused on monetizing mine waste and tailings while reducing environmental liabilities through the recovery of valuable metals. The company's proprietary NVRO Process is designed to recover precious, strategic, and critical metals from sulphidic and refractory mine waste and ores using a low-temperature, atmospheric-pressure process.

Envirogold operates a capital-light business model built on technology licensing, strategic partnerships, and project deployment pathways that enable mining companies and tailings owners to assess and commercialize metal recovery opportunities from existing waste streams and future mine operations. The company is also advancing its critical minerals hub strategy to support centralized processing opportunities and accelerate commercial deployment of the NVRO Process across multiple mineralized waste and ore streams.

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