Pursuant to a resolution passed by shareholders at the Sept. 25, 2025, annual general and special meeting, the company has consolidated its capital on the basis of one new common share for 3.85 old common shares. The name of the company and symbol have not been changed.

Effective at the opening on Tuesday, Nov. 4, 2025, the common shares of Western Gold Exploration Ltd. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a metal ore mining company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 22,168,612 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Alliance Trust Company

Trading symbol:  WGLD (unchanged)

Cusip No.:  95827R 20 0 (new)