NUG.V · 2025-10-03 12:00:00

Nulegacy GOLD Announces Proposed Share Consolidation

Corporate Actions

LEGAL_47760067.2

NULEGACY GOLD ANNOUNCES PROPOSED SHARE CONSOLIDATION

VANCOUVER, BC – October 3, 2025 – NuLegacy Gold Corporation (TSXV: NUG) (the “ Company” or

“NuLegacy”) announces that the Company intends to consolidate the common shares in the capital of the

Company (the “ Common Shares”) on the basis of ten (10) pre-consolidation Common Shares for every

one (1) post-consolidation Common Share (the “Consolidation”).

The Company currently has 28,950,959 Common Shares issued and outstanding, and following the

Consolidation, the Company will have approximately 2,895,095 Common Shares issued and outstanding,

prior to rounding for fractional shares.

The Consolidation was approved by the board of directors of the Company (the “ Board”) in accordance

with the Articles of the Company but remains subject to the approval of the TSX Venture Exchange (the

“Exchange”). The Company will issue a further news release announcing the effective date of the

Consolidation upon receiving Exchange approval. The Company will not be changing its name in

conjunction with the Consolidation.

ON BEHALF OF THE BOARD OF NULEGACY GOLD CORPORATION

Patrick De Witt, Chief Executive Officer

Tel: +1 (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.