Element79 Gold Clarifies Synergy Metals Transaction Timeline

Vancouver, BC — June 19, 2025 — NewsWall — Element79 Gold Corp. has clarified details regarding its proposed arrangement transaction with Synergy Metals Corp. The deadline for completion of the transactions outlined in the Arrangement Agreement has been extended to October 31, 2025, not August 31, 2025, as previously indicated.

The company also clarified that the outside date for completion of the transactions contemplated by the Merger Agreement has been extended to October 31, 2025.

Element79 Gold remains committed to the proposed arrangement and subsequent amalgamation of Synergy SubCo and 142 related to Synergy's acquisition of all issued and outstanding shares of 142.

Element79 Gold Corp. is focused on exploration and development of high-grade gold and silver assets, including the Lucero Project in Peru and multiple projects in Nevada's Battle Mountain Trend. Element79 Gold has completed the transfer of its Dale Property in Ontario to its wholly owned subsidiary, Synergy Metals Corp.

James C. Tworek, Chief Executive Officer, jt@element79.gold

Investor Relations Department, +1.403.850.8050, investors@element79.gold

Source: Element79 Gold Corp.