NuLegacy Gold Announces Effective Date of Share Consolidation

About this update from Nulegacy Gold Corporation

VANCOUVER, BC - NuLegacy Gold Corporation (TSXV: NUG) (the 'Company' or 'NuLegacy') announces that further to the Company News Release dated May 23, 2025, and effective June 13, 2025, that the company will consolidate the common shares in the capital of the Company (the 'Shares') on the basis of twenty-five (25) pre-consolidation Shares for every one (1) post-consolidation Share (the 'Consolidation'). The Company's name and stock symbol will remain unchanged following the Consolidation. The new CUSIP number will be 67053L603 and the new ISIN will be CA67053L6035 for post Consolidation Shares. The Company currently has 723,773,953 Shares issued and outstanding, and following the Consolidation, the Company will have approximately 28,950,959 Shares issued and outstanding. No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded up or down to the nearest whole Share. The Company's outstanding incentive stock options, warrants, and any convertible securities will be adjusted on the same basis (25:1) to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices. The Company's post Consolidation Shares are expected to begin trading on the TSX Venture Exchange on or about June 13, 2025. Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc. (the 'Transfer Agent'), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Share certificate(s) to the Transfer Agent, will receive a post Consolidation Share certificate or Direct Registration Advice representing the post Consolidation Share Contact:Patrick De Witt Tel: 604-628-1110 Web: www.nulegacygold.com Cautionary Statement on Forward-Looking Information This pressrelease includes 'forward-looking information' that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Comp...

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