Lode Gold Appoints David Swetlow as CFO and Strengthens Management Team

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Lode Gold Resources Inc (TSXV: LOD) (the "Company" or "Lode Gold") is pleased to announce it has appointed David Swetlow as Chief Financial Officer ("CFO"). David is CFO of the Company's subsidiary 1475039 B.C. Ltd. ("Gold Orogen"), created to spin off its Yukon and New Brunswick mining property assets to unlock shareholder value, which is nearing the completion of "going public" via a reverse take-over ("RTO") transaction with Great Republic Mining.

The record date (the "Record Date") for determining the Lode Gold shareholders who are entitled to receive shares of Spin Co, Lode Gold's subsidiary 1475039 B.C. Ltd ("Gold Orogen" or "OROG") will be set shortly. For each one common share of Lode Gold held by a Lode Gold shareholder on or before the Record Date, a tax-free distribution of approximately 0.57 shares of Gold Orogen will be received.

David has previously held various senior management, board, and advisory roles. With over 30 years in finance, operations, strategic alliances, public company management, and corporate governance, his past extensive experience includes company formation; financing; go public; uplisting; spin-out; corporate transactions; and restructuring. His focus has been start-up, scale-up, and growth-stage companies, including Canadian and US-listed public firms, driving high value projects and innovative technology. Formally educated as a CPA ( CA), David has served as CFO, Director, Audit & Risk Committee Chair/Member, and Finance Chair for various organizations, and holds iGP governance certification and a SFU Beedie School of Business degree.

Wendy T. Chan, CEO and Director of the Company, "David was brought in a few months ago to help get Gold Orogen's spin out as a public company over the finish line. In a short time, David has demonstrated strong financial acumen, strategic, public markets and governance savvy. His skills and capabilities will nicely complement and strengthen the existing Lode Gold team."

Lode Gold has awarded Mr. Swetlow 322,000 stock options to purchase common shares of the Company at an exercise price of $0.21. The stock options are granted pursuant to the Company's 10% rolling stock option plan with 50% of the options vesting on grant and the remaining 50% vesting on the first anniversary of grant. The options expire five years from the date of issue.