Mr. Eric Sprott, a shareholder, reports

ERIC SPROTT ANNOUNCES CHANGES TO HIS HOLDINGS IN UNIGOLD INC

On June 23, 2025, 1.95 million common share purchase warrants of Unigold Inc., held by 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, expired unexercised, representing a decrease in holdings of approximately 10 per cent of the outstanding common shares on a partially diluted basis since the date of the past early warning report. Prior to such expiry, Mr. Sprott beneficially owned and controlled 22.4 million shares and 1.95 million warrants, representing approximately 8.0 per cent of the outstanding shares on a non-diluted basis and approximately 8.6 per cent on a partially diluted basis assuming the exercise of such warrants.

As a result of the expiry of the warrants, Mr. Sprott now beneficially owns 22.4 million shares, representing approximately 8.0 per cent of the outstanding shares on a non-diluted basis. The warrant expiry combined with previous new share issuances by Unigold resulted in an ownership decrease, on a partially diluted basis, of approximately 10.1 per cent since the date of the last filing of an early warning report, and brings total holdings to under 10 per cent on a non-diluted basis. As a result, Mr. Sprott and 2176423 Ontario ceased to be insiders of Unigold.

The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities, including on the open market or through private acquisitions, or sell the securities, including on the open market or through private dispositions, in the future depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report with respect to the foregoing will appear on Unigold's profile on SEDAR+ and may also be obtained by calling Mr. Sprott's office at 416-945-3294 (2176423 Ontario, 7 King St. East, Suite 1106, Toronto, Ont., M5C 3C5).