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NuLegacy Gold Announces Director Changes

Management Changes

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NuLegacy Gold Announces Director Changes

VANCOUVER, BC – July 15, 2026 – NuLegacy Gold Corporation (TSXV: NUG) (the “Company” or

“NuLegacy”) is pleased to announce the appointment of Ari Chaney and John J. Greener to the

Company’s board of directors (the “Board”) with immediate effect. Mr. Chaney will also serve as Chief

Executive Officer. In addition, Daryn Gordon has been appointed as Interim Chief Financial Officer and

Mr. Greener has been appointed as Corporate Secretary of the Company.

In connection with these appointments, Patrick De Witt has resigned as Chief Executive Officer, John

Bevilacqua has resigned as Chief Financial Officer and Daryn Gordon and John Bevilacqua have

resigned from the Board. The Company would like to thank Mr. DeWitt, Mr. Gordon and Mr.

Bevilacqua for their contributions to the Company.

Biographies of New Directors and Officers:

Ari Chaney – Chief Executive Officer and Director

Mr. Chaney has an MBA from the University of Chicago with High Honors, and a BS in Electrical

Engineering from Worcester Polytechnic Institute with High Distinction. In a surprise second career,

Ari was a founder and officer of six disruptive life science companies (Cellular Research – single cell

biology; ImmuMetrix – immune repertoire; Stealth Biosciences – neuroscience; Countable Labs -

dPCR; Curio - spatial biology; 13.8 - genomics research). Ari led several venture capital financing

rounds and strategic sales within this cohort. As a segue into life science, Mr. Chaney was the

Executive Director and Lecturer for Technology Translation for the Biodesign Program at Stanford

University. Mr. Chaney is also the Founder of Leveraged Consulting Group, where he has held Director

or Chairman positions with a number of public and private companies including: Electrical

Components International, Wellman, Neucel Specialty Cellulose, Monona Wire Corporation, Rapid

Rack Industries, Bomar Industries, and Aladdin Industries. Earlier in his career he served as Vice

President, Supply Chain for Florida Power & Light (FPL) and, within GE, President & GM of Midwest

Electric, Plant Manager of the Austintown Products Plant in GE Lighting, and Manager of Corporate

Business Development in GE Corporate. He currently serves on the Boards of Countable Labs, 13.8,

and Tashota Resources. His NGO board experience includes – Water.org (Chairman), The Pacific

Institute (Director), and The Parkinson’s Institute (Director).

John J. Greener – Director and Corporate Secretary

Mr. Greener is a seasoned public company executive with more than 30 years of experience helping

high-growth retail, e-commerce, and technology companies scale, transform, and create shareholder

value. Most recently, he served as Chief People & Administrative Officer of Material Bank, a leading

venture-backed technology marketplace valued at approximately $1.9 billion.

Previously, Mr. Greener served as Chief Human Resources Officer of Chewy, Inc., where he helped lead

the company through a period of exceptional growth, supporting the business as it expanded from

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approximately $3 billion to more than $10 billion in annual revenue and through its successful initial

public offering. Earlier, he served as Senior Vice President of Merchandising Operations at Ulta Beauty.

Mr. Greener also held senior leadership positions at Target Corporation across merchandising, supply

chain, and digital commerce before serving as a Managing Director at PwC, where he advised leading

retail and consumer companies on growth strategy, operations, and organizational transformation. He

was nominated for partnership in recognition of his leadership and client impact.

Daryn Gordon – Interim Chief Financial Officer

Mr. Gordon is a Chartered Professional Accountant (CPA, CA) with more than two decades of finance

and accounting experience. He started his career at global auditing firms Grant Thornton LLP and PwC

Canada. For the last fourteen years, Mr. Gordon has continued to expand his expertise and knowledge

by providing CFO services to Canadian companies across a variety of industries. Mr. Gordon has a

Bachelor of Accounting degree from the University of Lethbridge.

ON BEHALF OF THE BOARD OF NULEGACY GOLD CORPORATION

Patrick De Witt, Director

Phone: 604-628-1110

For more information about NuLegacy visit: www.nulegacygold.com or www.sedarplus.ca.

NEITHER THE 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 RELEASE.

Cautionary Statement on Forward-Looking Information

This press release includes "forward-looking information" that is subject to a number of assumptions, risks

and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any

such statements are not guarantees of future events and that actual events or developments may differ

materially from those projected in the forward- looking statements. Such forward-looking statements

represent management's best judgment based on information currently available. No securities regulatory

authority has either approved or disapproved of the contents of this news release.