ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES REINSTATMENT OF TRADING, DEBT RESOLUTION, AND EXPIRED INVESTOR RELATIONS CONTRACT

Core Viewpoint - St. James Gold Corp. is set to have its common shares reinstated for trading on the TSX Venture Exchange around July 29, 2025, following the completion of a review by the Exchange [1] Financial Position - As of March 31, 2025, the company reported a working capital deficiency of $1,905,769, which is expected to be adjusted to $129,209.49 after the closing of a pending private placement [2] - The company has a total of $1,580,052.49 in short-term debt, with $1,222,758 attributed to management fees that were not properly filed with the Exchange [3][7] - The company has written off $317,725 of indebtedness that exceeded the statutory limitation period [7] Debt Management - The company plans to issue unsecured notes to its largest short-term creditors to resolve the short-term debt, with a maturity of 18 months after issuance [7] - Notes issued for legal fees and amounts advanced by a shareholder bear an interest rate of 10% per annum [4] Corporate Overview - St. James Gold Corp. is focused on creating shareholder value through the discovery and development of economic mineral deposits, holding a 100% stake in 29 claims covering 1,791 acres in the Gander gold district of Newfoundland, and additional claims adjacent to Marathon Gold's Valentine Lake property [5]