NEWS RELEASES

2026

McEwen Inc. and Canadian Gold Corp. Announce Closing of Arrangement

Toronto, Ontario and Flin Flon, Manitoba – January 6, 2026 – McEwen Inc. (“McEwen”) (NYSE/TSX:MUX) and Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) are pleased to announce the completion of the previously announced business combination between McEwen and Canadian Gold by way of statutory plan of arrangement (the “Arrangement”). Shareholders of Canadian Gold approved the Arrangement on December 5, 2025 and a final order approving the Arrangement was issued by the British Columbia Supreme Court on December 10, 2025, as amended by a further order of the British Columbia Supreme Court according to the Amending Agreement described below.

Canadian Gold Corp. Announces Shareholders Approve Arrangement with McEwen

Flin Flon, Manitoba – December 5, 2025 – Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) is pleased to announce that at a special meeting of its shareholders (the “Meeting”) held on December 5, 2025, shareholders overwhelmingly approved the special resolution authorizing the previously announced business combination with McEwen Inc. (NYSE: MUX) (TSX:MUX) (“McEwen”) to be completed by way of statutory plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia).

Canadian Gold Corp. Tartan Mine “Western Flank” Step-Out Drilling Continues To Deliver

Flin Flon, Manitoba – November 27, 2025 – Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) is pleased to announce ongoing results from its Phase 4 drill program at the 100%-owned Tartan Mine, near Flin Flon, Manitoba. Encouraging results, especially along the Main Zone’s Western Flank, continue to support the plan to move toward a potential mine restart. Highlights include 12.3 gpt gold over 14.0 metres, 8.2 gpt gold over 9.9 metres, and 10.7 gpt gold over 4.5 metres. Canadian Gold is currently in the process of being acquired by McEwen Inc. (NYSE & TSX: MUX), with closing expected in early 2026.

Manitoba Mineral Development Fund Grants Canadian Gold Corp. $300,000 to Expand Exploration Program

Flin Flon, Manitoba – November 17, 2025 – Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) is pleased to announce that it has been approved for an additional $300,000 grant from the Manitoba Mineral Development Fund (“MMDF”). In total, the MMDF has granted Canadian Gold $900,000 since 2023, which has been a significant reason why the Company has been able to advance the Tartan Mine. In total, the Company has invested approximately $12.7 million into the project since 2012. Canadian Gold is currently in the process of being acquired by McEwen Inc., which is planning to advance the Tartan Mine towards a production decision.

Canadian Gold Corp. Announces Sending of Meeting Materials for Proposed Plan of Arrangement

Flin Flon, Manitoba – November 13, 2025 – Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) is pleased to announce that it publicly filed on November 6, 2025, and will commence sending its management information circular (the “Circular”) and related materials for its special meeting (the “Meeting”) to be held on December 5, 2025 to approve the previously announced plan of arrangement (the “Arrangement”) with McEwen Inc. (“McEwen”).

McEwen Inc. and Canadian Gold Corp. Announce Arrangement Agreement

Toronto, Ontario and Flin Flon, Manitoba – October 14, 2025 – McEwen Inc. (“McEwen”) (NYSE: MUX) (TSX:MUX) and Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) dated October 10, 2025, pursuant to which McEwen will acquire all of the issued and outstanding common shares of Canadian Gold by way of a statutory plan of arrangement (the “Proposed Transaction”). If the Proposed Transaction is approved by Canadian Gold shareholders and the Supreme Court of British Columbia, Canadian Gold will become a wholly-owned subsidiary of McEwen. Notice of a special meeting of Canadian Gold shareholders with a record date of October 30, 2025 and meeting date of December 5, 2025 has been filed on SEDAR+. The Proposed Transaction is expected to close in early January 2026.

McEwen Inc. and Canadian Gold Corp. Announce Letter of Intent

Toronto, Ontario and Flin Flon, Manitoba – July 28, 2025 – McEwen Inc. (“McEwen”) (NYSE: MUX) (TSX:MUX) and Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) are pleased to announce that they have entered into a binding letter of intent (the “LOI”) on July 27, 2025 in respect of a proposed transaction (the “Proposed Transaction”), whereby McEwen would acquire all of the issued and outstanding securities of Canadian Gold by way of plan of arrangement. If the Proposed Transaction is completed, Canadian Gold would become a wholly-owned subsidiary of McEwen.

Canadian Gold Corp. Field Exploration Underway at Hammond Reef South & Tartan West

Flin Flon, Manitoba – July 17, 2025 – Canadian Gold Corp. (“Canadian Gold” or the “Company”) (TSX-V: CGC) is pleased to announce the commencement of two independent field exploration programs, one at the Tartan West Property (recently optioned from Hudbay Minerals Inc.) located immediately adjacent to the west of the Tartan Mine Property in Flin Flon, MB, and the other at the Hammond Reef South Property located near Atikokan, Ontario, adjacent to Agnico Eagle’s fully permitted Hammond Reef Gold Deposit.

Canadian Gold Corp. Closes Over-Subscribed Private Placement for New Hammond Reef South Program

Flin Flon, Manitoba – June 30, 2025 – Canadian Gold Corp. (“Canadian Gold” or the “Company”) (TSX-V: CGC) is pleased to announce that it has closed its non-brokered private placement (the “Offering”) previously announced on June 19, 2025. The Company issued a total of 1,203,125 flow-through common shares, at a price of $0.32 per share, for gross proceeds of $385,000.

SATORI RESOURCES INC.

Satori Resources Inc. (“Satori”) is a gold exploration company focused on exploring and developing the 100% owned Tartan Lake Gold Mine Project (“Tartan Lake”) located in Flin Flon, Manitoba.

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