NexGold Provides Summary of 2025 Activities and Key Priorities for 2026

Core Viewpoint - NexGold Mining Corp. has achieved significant milestones in 2025, positioning itself for a transformative year in 2026, with a focus on advancing its Goldboro and Goliath Gold Complex projects [2][3]. 2025 Achievements - The company transitioned to a multi-asset, Canadian gold-focused developer after acquiring Signal Gold in December 2024 - Share price increased by over 150%, from $0.70 to $1.77 - Market capitalization grew by more than 325%, from $100 million to over $400 million [2]. 2026 Priorities - Focus on creating value through the advancement of Goldboro and Goliath projects, including comprehensive drill programs and permitting activities [3]. - Key priorities for Goldboro include finalizing an updated Mineral Resource Estimate based on recent drilling results [3]. Goldboro Gold Project Developments - Major federal and provincial permits received to advance Goldboro towards construction, including: - Crown Land Lease and License granted in May 2025 - Schedule 2 Amendment approval in July 2025 - Industrial Approval received in August 2025 - Fisheries Act Authorizations granted in October 2025 [4]. - Implementation of a landmark Benefits Agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs, outlining economic and environmental benefits [4]. - Continued implementation of the Community Benefits Agreement with the Municipality of the District of Guysborough, including community grants and local office commitments [4]. - Deleveraging of the balance sheet through early repayment of a US$12 million debt facility and repurchase of a 0.6% NSR Royalty [4]. - Sale of a US$24 million, 2.9% royalty to Appian Capital Advisory Limited, with a non-binding Letter of Intent for up to US$175 million in project finance debt [4]. - Completion of a $112.5 million bought deal equity financing [4]. - Completion of infill diamond drill programs at Goldboro and Goliath [4]. Goliath Gold Complex Updates - Decision to pause the Feasibility Study at Goliath to assess alternatives for optimal project configuration [5]. - Issuance of common shares to Sprott Streaming as part of a royalty agreement to satisfy a minimum payment [5]. Investor Relations - Agreement with GDT Strategic Communications Inc. for investor relations services, with an initial term of three months at a fee of $8,500 per month [6]. Project Execution and Planning - Completion of a Feasibility Study update commenced in November 2025, including capital and operating cost estimates [7]. - Advancement of project execution planning and detailed engineering to support construction requirements [7]. - Initiation of an early works construction program in the second half of the year [7]. - Additional exploration activities planned to discover new deposits and resources [8].