Emergent Metals Completes the Sale of its Golden Arrow Property to Fairchild Gold

About this update from Emergent Metals Corp

Emergent Metals Completes the Sale of its Golden Arrow Property to Fairchild Gold (TheNewswire)    Vancouver, British Columbia -TheNewswire - August 14, 2026 – Emergent Metals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, MUN: ELM) (“Emergent” or the “Company”) is pleased to announce that it has completed the sale of its Golden Arrow Property, Nevada (the “Property”) to Fairchild Gold Corp. (TSXV: FAIR) (the “Transaction”). In connection with the closing of the Transaction, Emergent received an aggregate of 12,500,000 common shares of Fairchild at a deemed price of CDN$0.055 per common share, aggregate cash payments of US$600,000, a US$3.5 million non-convertible senior secured note bearing interest at the rate of 8.5% per annum with a 5-year term (the “Note”), and the grant of a 0.5% net smelter royalty on the Property.  The cash, share, and Note portion of the Transaction has an estimated value of approximately US$4.0-$7.0 million, depending on the timing of Note interest and principal payments associated with the Transaction. David Watkinson, President and CEO of Emergent, stated, “This is a layered transaction that includes cash, shares, and senior secured note components.  In the short term, Emergent has received US$600,000 in cash and 12,500,000 Fairchild shares that will appear on the Company’s balance sheet.  In the medium term, the Company will receive ongoing interest payments on the Note twice per year and will have the opportunity to monetize the Fairchild shares.  In the long term, if Fairchild is successful in advancing Golden Arrow, the Company will receive US$3.0 million to US$5.0 million from the repayment principal associated with the Note, depending on the timing.  Long-term potential also included the opportunity for Fairchild’s shares to increase in value.”     For additional information on the Transaction, please refer to the Company’s news releases dated  September 29, 2025, March 24, 2026, April 10, 2026, May 4, 2026, and June 10, 2026, available on the Company’s website or at www.sedarplus.ca.  Emergent expects to receive the final approval of the Transaction from the TSX Venture Exchange (the “Exchange”) in the near future.     About th...

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