Announcement • Jun 24
Element79 Gold Completes Phase One Field Operations and Initiates Drill Contractor Selection Process At Gold Mountain Project Element79 Gold Corp. has completed Phase One field operations at its wholly owned and permitted Gold Mountain Project, located in Nevada's Battle Mountain mining district. The Phase One program, completed by Pinion Exploration Inc., included rehabilitation and improvement of existing access roads, extension of project road infrastructure, and construction of permitted drill pads designed to support the Company's upcoming exploration drilling campaign. The work was completed pursuant to the Company's previously announced exploration plan and follows the successful renewal of its drilling permit and posting of its reclamation bond. With site access and drill pad construction now complete, Element79 has commenced the process of soliciting and evaluating bids from qualified drilling contractors for its inaugural Phase One drill program at Gold Mountain. The planned drill program is designed to test several priority targets identified through the properties NI-43101. Gold Mountain hosts a large intrusive-related gold system with associated copper, molybdenum, silver, lead, and zinc mineralization. Historical drilling and surface work have demonstrated widespread mineralization across the project area, which remains largely untested by modern exploration methods. The Company anticipates awarding a drilling contract upon completion of the bid review process and will provide further updates regarding drill program timing, scope, and target selection as planning progresses. Announcement • Jun 14
Element79 Gold Corp. announced that it expects to receive CAD 1 million in funding Element79 Gold Corp. intends to complete a non-brokered private placement of up to 55,555,556 units of the company at a price of CAD 0.018 per unit for aggregate gross proceeds to the company of up to CAD 1,000,000.008 on June 12, 2026. Each unit will comprise one common share in the capital of the company and one transferable common share purchase warrant. Each whole warrant will entitle the holder thereof to acquire one additional common share of the company at an exercise price of CAD 0.05 per warrant share for a period of 24 months from the date of issuance of the warrants. In connection with the private placement, the company may pay finders' fees and other compensation to eligible finders introducing subscribers to the company, consisting of (i) cash of up to 7% of the gross proceeds of the private placement raised through such finders, and (ii) finders' warrants representing up to 7% of the number of units sold to subscribers introduced to the company by such finders, with each finder's warrant exercisable on the same terms (including exercise price, term and acceleration provision) as the warrants forming part of the units, all in accordance with the policies of the Canadian Securities Exchange and applicable Canadian securities laws. The private placement is expected to close in one or more tranches, in each case subject to the prior acceptance of the CSE and to compliance with applicable Canadian securities laws. The unit shares, the warrants, the warrant shares (if and when issued upon exercise of the warrants), the finders' warrants (if any) and any common shares issuable upon exercise of the finders' warrants will be subject to a statutory hold period of four months and one day from the date of issuance Announcement • Sep 16
Element79 Gold Corp. Announces Board Changes, Effective September 15, 2025 Element79 Gold Corp. announced that its Board of Directors has accepted the resignation of Ms. Zara Kanji as Director of the Company, effective immediately. The Board and management thank Ms. Kanji for her valuable contributions to the Company and wish her the very best in her current and future endeavors. At the same time, the Board announced the appointment of Mr. Mohammad Fazil as a Director of the Company, effective September 15, 2025. Mr. Fazil has been active in venture capital for over 35 years. He was employed by boutique investment dealers in Canada as a finance professional focusing on funding junior listed issuers on the TSX and TSX Venture exchange. Mr. Fazil is the founder and President of Lion Park Capital, a private financial advisory firm helping companies raise funding and list on a Canadian stock exchange. He is the Chairman of the Calgary branch of the TSX Venture Exchanges Listing Advisory Committee and a member of the National Advisory Committee. He is President and Director of Blue Sky Global Energy Corp., Director of Smooth Rock Ventures Corp., CEO and Director of 5D Acquisition Corp., and President and Director of Florence Once Capital Inc.