Evergold Announces Results of AGM and Vote on Consolidation

Core Points - Evergold Corp. held its annual general meeting on September 11, 2025, where shareholders elected Alvin Jackson to the Board and re-elected Kevin Keough, Charles Greig, and Alexander Walcott [1] - The company received shareholder approval for a consolidation of its outstanding common shares at a ratio of ten pre-consolidation shares for one post-consolidation share, expected to take effect on or before October 10, 2025 [2][3] - The consolidation will reduce the number of outstanding shares from 120,075,696 to approximately 12,007,569, with shareholders' proportional ownership remaining unchanged [3] - Fractional shares resulting from the consolidation will be rounded up or cancelled based on specific thresholds [3] - Registered shareholders will receive letters of transmittal for the consolidation process, while those holding shares through brokers will not need to take action [4] - Evergold Corp. is a mineral exploration company listed on TSX-V, with a successful track record in the junior exploration space, including the establishment of GT Gold Corp. and a significant discovery sold to Newmont for $456 million [5]