Mr. Peter Laipnieks reports

WESTKAM GOLD CORP. PROVIDES UPDATE ON MANAGEMENT CEASE TRADE ORDER

Westkam Gold Corp. is providing a biweekly default status report in accordance with National Policy 12-203 (Management Cease Trade Orders).

On July 2, 2025, the company announced that it had applied to the B.C. Securities Commission for a management cease trade order in connection with the delay by the company in filing its interim financial statements, the related management's discussion and analysis, and the related officer certifications for the six-month period ended April 30, 2025, before the filing deadline of June 30, 2025, as required under applicable Canadian securities laws. The BCSC issued the MCTO on July 2, 2025, and issued an amended MCTO on July 16, 2025. Pursuant to the MCTO, as amended, the CEO and CFO of the company are restricted from trading in the securities of the company until such time as the company files the interim filings and the BCSC revokes the MCTO. The MCTO does not affect the ability of shareholders of the company to trade their securities.

The company was unable to file the interim filings prior to the required deadline as its chief financial officer Pam Saulnier had unexpectedly taken ill and had to go on medical leave. As announced July 14, 2025, the company has appointed an interim CFO who is working diligently to obtain and review the company's accounting information to be able to prepare the interim filings. The company still expects that the interim filings will be filed by Aug. 29, 2025.

Until such time as the company files the interim filings and the MCTO, as amended, has been revoked, the company will follow the alternative information guidelines set out in Section 10 of National Policy 12-203, including the issuance of biweekly default status reports in the form of news releases.

Pursuant to the guidelines, the company confirms that, as of the date of this news release and except as noted above: (a) there have been no changes to the information contained in the MCTO announcement that would reasonably be expected to be material to an investor; (b) there have been no failures by the company to fulfill its stated intentions with respect to satisfying the provisions of the guidelines; (c) there has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the MCTO announcement; and (d) there is no other material information concerning the affairs of the company that has not been generally disclosed.

About Westkam Gold Corp.

Westkam is focused on acquiring and developing mineral properties, with strong potential to host significant resources, in Western Canada. It is looking for additional projects that are in an established mining district with highly prospective geology that could host significant resources.

We seek Safe Harbor.