Mr. Nicholas Koo reports

RED LAKE GOLD INC. FILES SHAREHOLDER MEETING CIRCULAR

Red Lake Gold Inc. has filed its management information circular and related materials in connection with its coming annual general and special meeting of shareholders, to be held in Vancouver, B.C., on Jan. 22, 2026. In line with past shareholder meetings, the AGSM will be conducted on a notice-and-access basis.

The AGSM will consider the items of ordinary and special business described in the meeting circular. The ordinary items of business include setting the number of directors to be elected, electing directors and appointing the auditor for the ensuing year, all as set out in the meeting circular. As special business, shareholders -- excluding any and all shareholders who are members of management, a director or an insider (each and all of whom are disenfranchised from voting on two items of special business) -- will be asked to vote as to their desire for the issuer to approve certain potential buyers for a possible asset divestment and whether to maintain listed status, both as set out in the meeting circular. Lastly, all shareholders will also be asked to consider a change in the name of the issuer (as a special item), as well as such other business as may properly come before the AGSM or any adjournment(s) or postponement(s) thereof.

Alongside other availability, the meeting circular and related meeting materials have been posted to SEDAR+.

We seek Safe Harbor.