Edgemont Provides Update to Proposed Acquisition of Laiva Gold Inc.

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - Edgemont Gold Corp. (CSE: EDGM) (the "Company") announces that, further to its news releases dated February 20, 2025 and March 21, 2025 regarding the proposed acquisition by the Company of all the issued and outstanding common shares of Laiva Gold Inc. ("Laiva") from the shareholders of Laiva (the "Transaction"), the Company and Laiva have entered into a second amending agreement whereby the parties have agreed to extend the deadline for execution of a definitive agreement (a "Definitive Agreement") in respect of the Transaction to April 30, 2025. The parties continue to diligently work towards finalizing and executing the Definitive Agreement.

About Laiva

Laiva is a Canadian mining company, incorporated under the Alberta Business Corporations Act, and through a subsidiary company owns its flagship operation, the Laiva mine ("Laiva Mine") in Finland. The Laiva Mine is an open pit operation, fully equipped with one of the largest gold plants in Europe (6,000 tonnes per day capacity) and a sizeable proven resource estimate.

The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Edgemont

Edgemont holds a 100% interest in the Dungate copper/gold porphyry project located just 6 km south of Houston, BC, in a region with a history of successful mining projects including the Equity Silver Mine and Imperial Metals' Huckleberry Mine. The Dungate project is comprised of five mineral tenures covering 1,582.2 hectares that can be explored year-round by all-season roads. For more information, please visit our website at www.edgemontgold.com.

For further information, please contact:

Stuart Rogers
Chief Executive Officer
Tel: [phone]
www.edgemontgold.com

Neither the Canadian Securities Exchange nor its Market Regulator (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.