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FAIR.V ·

Fairchild GOLD Signs Definitive Agreement to Acquire the Golden Arrow Property

Mergers & Acquisitions

FAIRCHILD GOLD SIGNS DEFINITIVE AGREEMENT TO ACQUIRE THE

GOLDEN ARROW PROPERTY

March 24, 2026, Vancouver, British Columbia and Las Vegas, Nevada – Fairchild Gold Corp.

(“Fairchild” or the “ Company”) (TSXV: FAIR ) (FSE: Y4Y) (OTCQB: FCHDF ), is pleased to

announce that it has entered into a definitive asset purchase agreement dated March 23, 2026 (the

“Purchase Agreement”) with Emergent Metals Corp. (“EMR”), as well as both parties’ respective

subsidiaries, to acquire the Golden Arrow Property (the “ Property”) as previously announced on

September 29, 2025 (the “Transaction”).

As consideration for the Transaction, EMR shall receive, upon closing, a combination of cash,

common shares, net smelter returns royalty and a senior secured note (the “Note”), as follows:

• USD$600,000 in cash, of which $250,000 was previously provided in the form of a non -

refundable deposit;

• 12,500,000 common shares;

• USD $3,500,000 principal amount under the Note, subject to an early repayment mechanism

pursuant to which (i) the Company shall repay USD $500,000 of the principal amount

immediately upon the closing of a financing by the Company for gross proceeds of not less

than USD $3,000,000, and (ii) the Company shall repay USD $2,500,000 of the principal

amount within six (6) months following the Closing Date, upon which the remaining balance

of the Note shall be forfeited and the security interest discharged; and

• A 0.5% net smelter returns royalty on the Property, subject to standard buyback provisions;

The Company is also required to fund ~US$40,000 reclamation bond upon the closing of the

Transaction.

All common shares to be issued as consideration are subject to a statutory four -month hold period

in accordance with applicable securities laws and policies of the TSXV. No finder's fees will be

paid in connection with the Transaction.

The Transaction constitutes a Reviewable Acquisition and a Fundamental Acquisition as defined in

Policy 5.3 - Acquisitions and Dispositions of Non -Cash Assets (“Policy 5.3”) of the TSX Venture

Exchange Inc. (“TSXV”) and, as such, completion of the Transaction remains subject to shareholder

approval and the approval of the TSXV. The transaction will close once TSXV gives conditional

approval, all necessary materials are provided, and all closing conditions are met.

The Company intends to obtain disinterested shareholders approval by way of written consent from

holders of more than 50 percent of the issued and outstanding common shares of the Company.

As required by the TSXV, a technical report (the “Technical Report”) on the Property entitled

“2026 Technical Report on the Golden Arrow Project, Nye County, Nevada, U.S.A ” prepared in

accordance with the requirements of National Instrument 43 -101 – Standards of Disclosure for

Mineral Projects (“NI 43 -101”) has been filed and is available under the Company's profile on

SEDAR+ at www.sedarplus.ca. The author s and qualified person s (as defined in NI 43 -101) for

the Technical Report are Michael S. Lindholm, C.P.G. and Jack McPartland, M.M.S.A . the

Technical Report is subject to the approval of the TSXV.

Additional Information

The Company will provide further details in respect of the Transaction in due course by way of one

or more press releases.

The TSXV has in no way passed upon the merits of the Transaction and has neither approved

nor disapproved the contents of this news release.

About Fairchild Gold Corp.

Fairchild Gold Corp. is a public company engaged in the business of mineral exploration and

development of copper, gold and silver assets in mining-friendly jurisdictions across North America.

The company is committed to identifying and developing high-quality resource properties in Nevada

with strong geological resource potential. Its strategy focuses on creating long-term shareholder value

through disciplined exploration, strategic partnerships, and responsible development practices.

Fairchild Gold's recently assembled trinity of Nevada properties includes Nevada Titan, Fairchild's

flagship property, located in the Goodsprings Mining District, Nevada, an area known for historical

high-grade copper-gold-PGEs mining. In more recent times , Nevada Titan was also highlighted for

its near surface Antimony and Cobalt potential. That was followed by a MOU towards the acquisition

of the Golden Arrow property in the prolific Walker Lane Shear Zone, encompassing two principal

resource areas, Gold Coin and Hidden Hill, with a combined measured + indicated and inferred

resource base outlined in an NI 43-101 report written by Mine Development Associates.

Finally, Fairchild's Carlin Queen property, an advanced -stage gold -silver project located at the

intersection of the Carlin and Midas-Hollister gold trends. Fairchild Gold is leveraging the potential

of all these three properties by utilizing the outstanding mineral resources support Nevada provides.

On behalf of the Board of Directors

Nikolas Perrault, CFA

Executive Chairman

Fairchild Gold Corp.

[email protected]; [email protected]

(866) 497-0284

www.fairchildgold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

Cautionary Statement Regarding Forward-Looking Information

Certain information contained in this news release constitutes “forward-looking information” or

“forward-looking statements” (collectively, “forward- looking information”). Without limiting the

foregoing, such forward -looking information includes statements regarding the potential of the

Property and strategic plans, including but not limited to the completion of the Transaction, timely

receipt of all necessary approvals, including any requisite approval of the TSXV and the shareholders

of the Company, exploration plans of the Company , and corporate and technical objectives . In this

news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”,

“anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used

to identify forward -looking information. Forward-looking in formation should not be read as

guarantees of future performance or results, and will not necessarily be accurate indications of

whether, or the times at or by which, such future performance will be achieved. Forward-looking

information is based on information available at the time and/or the Company management’s good

faith belief with respect to future events and is subject to known or unknown risks, uncertainties,

assumptions and other unpredictable factors, many of which are beyond the Company’s control. For

additional information with respect to these and other factors and assumption s underlying the

forward-looking information made in this news release, see the Company’s most recent

Management’s Discussion and Analysis and financial statements and other documents filed by the

Company with the Canadian securities commissions and the discussion of risk factors set out therein.

Such documents are available at www.sedarplus.ca under the Company’s profile and on the

Company’s website, https://fairchildgold.com/. The forward -looking information set forth herein

reflects the Company’s expectations as at the date of this news release and is subject to change after

such date. The Company disclaims any intention or obligation to update or revise any forward-

looking information, whether as a result of new information, future events or otherwise, other than

as required by law.