NULEGACY GOLD ANNOUNCES PROPOSED SHARE CONSOLIDATION

About this update from Nulegacy Gold Corporation

VANCOUVER, BC - NuLegacy Gold Corporation (TSXV: NUG) (the 'Company' or 'NuLegacy') announces that the Company intends to consolidate the common shares in the capital of the Company (the 'Common Shares') on the basis of ten (10) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the 'Consolidation'). The Company currently has 28,950,959 Common Shares issued and outstanding, and following the Consolidation, the Company will have approximately 2,895,095 Common Shares issued and outstanding, prior to rounding for fractional shares. The Consolidation was approved by the board of directors of the Company (the 'Board') in accordance with the Articles of the Company but remains subject to the approval of the TSX Venture Exchange (the 'Exchange'). The Company will issue a further news release announcing the effective date of the Consolidation upon receiving Exchange approval. The Company will not be changing its name in conjunction with the Consolidation. Contact:Patrick De Witt Tel: +1 (604) 628-1110 Web: www.nulegacygold.com(C) 2025 Electronic News Publishing, source ENP Newswire

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