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NEXG.V ·

NexGold to Participate in the Red Cloud Pre-PDAC Mining Showcase

Marketing Announcement

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NEWS RELEASE TSXV: NEXG | OTCQX: NXGCF February 24, 2026

NexGold to Participate in the Red Cloud Pre-PDAC Mining Showcase

TORONTO, February 24, 2026, – NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold”

or the “Company”) is pleased to announce it will be participating in the Red Cloud Financial Services Inc.

Pre-PDAC Mining Showcase 2026. The event will be held February 26- 27, 2026 at The OMNI King

Edward Hotel . NexGold’s CFO, Orin Baranowsky , is scheduled to present the Company on Friday ,

February 27 @ 11:00– 11:20 a .m. in the Kensington Room. Mr. Baranowsky will also be available

throughout the day Thursday and Friday for 1 v 1 Investor sessions. For more information about the event

and registration, please visit the Red Cloud website.

About NexGold Mining Corp.

NexGold is a gold-focused company with assets in Canada and Alaska. NexGold’s Goldboro Gold Project is located in Nova

Scotia. The Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) is located in Northwestern Ontario.

NexGold also owns several other projects throughout Canada, w including the Weebigee- Sandy Lake Gold Project JV, and

grassroots gold exploration property Gold Rock. In addition, NexGold holds a 100% interest in the high-grade Niblack copper -

gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and

meaningful dialogue with regional communities and Indigenous Nations throughout the life of all our projects and on all aspects,

including creating sust ainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting

community wellbeing.

Contact:

Kevin Bullock

President & CEO

(647) 388-1842

[email protected]

Orin Baranowsky

Chief Financial Officer

(647) 697-2625

[email protected]

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

Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission

or other regulatory authority has approved or disapproved the information contained herein.