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NuLegacy Gold Announces Effective Date of Share Consolidation

Corporate Actions

LEGAL_46818618.1

NuLegacy Gold Announces Effective Date of Share Consolidation

VANCOUVER, BC – June 11, 2025 – NuLegacy Gold Corporation (TSXV: NUG) (the “ Company” or

“NuLegacy”) announces that further to the Company News Release dated May 23, 2025, and effective

June 13, 2025, that the company will consolidate the common shares in the capital of the Company (the

“Shares”) on the basis of twenty-five (25) pre-consolidation Shares for every one (1) post -consolidation

Share (the “Consolidation”). The Company’s name and stock symbol will remain unchanged following the

Consolidation. The new CUSIP number will be 67053L603 and the new ISIN will be CA67053L6035 for post

Consolidation Shares.

The Company currently has 723,773,953 Shares issued and outstanding, and following the Consolidation,

the Company will have approximately 28,950,959 Shares issued and outstanding.

No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from

the Consolidation will be rounded up or down to the nearest whole Share. The Company’s outstanding

incentive stock options, warrants, and any convertible securities will be adjusted on the same basis (25:1)

to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to

be made to the exercise prices.

The Company’s post Consolidation Shares are expected to begin trading on the TSX Venture Exchange on

or about June 13, 2025.

Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the

Company. All registered shareholders will be required to send their respective certificates representing

the pre -Consolidation Shares along with a properly executed letter of transmittal to the Company’s

transfer agent, Computershare Investor Services Inc. (the “ Transfer Agent ”), in accordance with the

instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be

obtained through the Transfer Agent at 1-800-564-6253 or by e -mail to

[email protected]. All shareholders who submit a duly completed letter of

transmittal along with their respective pre -Consolidation Share certificate(s) to the Transfer Agent, will

receive a post Consolidation Share certificate or Direct Registration Advice representing th e post

Consolidation Shares.

ON BEHALF OF THE BOARD OF NULEGACY GOLD CORPORATION

Patrick De Witt, Chief Executive Officer

Phone: 604-628-1110

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

LEGAL_46818618.1

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.