Edgemont Gold Provides Updates on Transaction with Laiva Gold

About this update from Edgemont Gold Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2026) - Edgemont Gold Corp. (CSE: EDGM) ("Edgemont") wishes to provide an update on certain matters relating to its reverse takeover transaction (the "Transaction") with Laiva Gold Inc. ("Laiva"). As previously announced, Laiva is undertaking an additional financing round prior to completion of the Transaction (the "Financing"). The Financing is on a non-brokered basis and consists of an offering of common shares of Laiva at a price of $1.50 per common share. The Financing will complete prior to completion of the Transaction and investors in the Financing will participate in the Transaction. In addition, Laiva may pay certain finders cash fees and finder's warrants in connection with the Financing. In order to accommodate the Financing and to permit the completion of certain audited financial statement requirements for the Transaction, the previously announced closing date will be revised to a date to be determined in July 2026. Final completion of the Transaction remains subject to final approval of the Canadian Securities Exchange. About Laiva Upon completion of the Transaction, the Resulting Issuer will indirectly own the Laiva mine ("Laiva Mine") in Finland. The Laiva Mine is an open pit operation, fully equipped with one of the largest gold plants in Europe (6,000 tonnes per day capacity). For additional information with respect to the Transaction, please refer Edgemont's SEDAR+ (www.sedarplus.ca) profile. For further information, please contact:Stuart RogersChief Executive OfficerTel: (778) 239-3775www.edgemontgold.com Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding Forward Looking Information This news release contains forward looking information or statements within the meaning of applicable securities laws, which may include, without limitation, statements relating to the timing of completion of the Financing and the Transaction, final stock exchange approval in respect of the Transaction and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that Edgemont expects to occur, are forward looking information or statements. A...

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