NexGold Mining Corp. Reminds Warrant Holders of Expiring Warrants

TORONTO, Oct. 09, 2026 /CourierPR/ -- NexGold Mining Corp., a gold-focused company with assets in Canada and Alaska, is reminding its warrant holders of an upcoming expiry date. The company issued common share purchase warrants in a flow-through private placement completed on November 6, 2024. These warrants, each entitling the holder to acquire one common share of the company at an exercise price of $1.05, will expire at 5:00 p.m. (Toronto time) on Friday, November 6, 2026.

As of October 8, 2026, 1,211,250 warrants remain outstanding. Holders are advised to ensure that all required exercise documentation and funds are delivered in accordance with the terms of the warrants sufficiently in advance of the expiry date. Beneficial holders whose warrants are held through a broker, investment dealer, or other intermediary should promptly contact their intermediary regarding the applicable exercise procedures and any deadlines imposed by the intermediary, which may be earlier than the expiry date.

The warrants and the common shares issuable upon exercise thereof have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable U.S. state securities laws, and may not be offered or sold in the United States absent registration under the U.S. Securities Act and applicable U.S. state securities laws or an available exemption therefrom.

In related news, NexGold Mining Corp. has elected to satisfy an upcoming minimum payment of US$675,000 due under a royalty agreement with Sprott Resources Streaming and Royalty Corp. (“Sprott Streaming”) through the issuance of 716,619 common shares of the company. The common shares are proposed to be issued as shares for debt in accordance with Policy 4.3 of the TSX Venture Exchange (“TSXV”) Corporate Finance Policies. The issuance of the common shares has been approved by the Board of Directors of NexGold and remains subject to the acceptance of the TSXV. Subject to receipt of such acceptance, NexGold expects to issue the common shares to Sprott Streaming on or about October 13, 2026.

NexGold Mining Corp. holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project in southeast Alaska, in addition to assets in Canada and Alaska, including the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex (which includes the Goliath, Goldlund, and Miller deposits) in Northwestern Ontario.