NWPG Announces Significant Reduction of Legacy Debt, Strengthening Balance Sheet Post-NFI Empire Merger

About this update from Newport Gold, Inc.

NORTH EAST, PA / ACCESS Newswire / July 27, 2026 / Newport Gold, Inc. (OTCID:NWPG) a diversified holding company focused on high-growth opportunities in the automotive, data, and digital technology sectors through its flagship NFI Empire operations (NFIEmpire.com), today announced the successful write-down and removal of approximately $1,233,525 in legacy (pre-merger) debt during the first half of 2026. This non-cash adjustment, reflecting creditor consent to reduce outstanding obligations from the Company's pre-acquisition structure, was recognized in the Company's financial statements for the period. It directly improves key financial metrics and supports the Company's post-merger growth strategy. Key Financial Benefits "This debt elimination is a meaningful milestone as we integrate NFI Empire and execute our 24-month expansion plan," said Executive Chairman, Chris Nichols. "By cleaning up legacy obligations of NWPG, we are creating a more efficient, investor-friendly capital structure that prioritizes sustainable growth and value creation for NWPG shareholders." The Company continues to focus on leveraging NFI Empire's profitable, asset-light automotive model; encompassing custom builds, restorations, consignments, and sales, while pursuing broad digital auction, platform, and marketplace opportunities. About NFI Empire NFI Empire (NFIEmpire.com) is the wholly owned operating subsidiary of Newport Gold, Inc., a North East, Pennsylvania-based custom automotive company known for exclusive builds, high-performance vehicles, and deep technical and digital expertise across both traditional and digital automotive sectors. The Company has ceased all mining-related operations; Newport Gold is now a holding company whose operations are conducted entirely through NFI Empire. NFI Empire's stated goal is to become the first publicly traded automotive enthusiast company to integrate a brick-and-mortar business model with a proprietary technology platform. Investor Relations: [email protected] Forward‑Looking Statements This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "pro...

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