(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Edgemont Gold Corp. (CSE: EDGM) (the " Company " or " Edgemont ") is pleased to announce that, further to its news releases dated February 20, June 4 and August 8, 2025, the Company and Laiva Gold Inc. (" Laiva ") have entered into an amendment agreement to the definitive merger agreement dated June 4, 2025 whereby Edgemont agreed to acquire all of the issued and outstanding shares of Laiva, which will constitute a reverse takeover transaction of Edgemont (the " Transaction "). Under the amendment agreement, the parties have agreed to extend the deadline for closing the Transaction to December 31, 2025. The parties continue to diligently work towards closing the Transaction. Edgemont and Laiva have also extended the maturity date of the bridge loan advance made by Edgemont to Laiva to December 31, 2025.

About Laiva and the Transaction

Upon completion of the Transaction, the Company will indirectly own the Laiva mine (" Laiva Mine ") in Finland. The Laiva Mine is an open pit operation, fully equipped with one of the largest gold plants in Europe (6,000 tonnes per day capacity). Following completion of the Transaction, the Company also anticipates acquiring additional assets to build a multi-asset mining company. The Transaction is subject to approval of the Canadian Securities Exchange and certain other closing conditions.

For additional information with respect to the Transaction, please refer the Company's SEDAR+ ( ) profile and its news releases dated February 20, June 4 and August 8, 2025.

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