Tiger Gold Corp. Announces Closing of Qualifying Transaction and Anticipated Trading Date

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Tiger Gold Corp. (formerly Badger Capital Corp.) (TSXV: TIGR) (the "Company") is pleased to announce that it has closed its previously announced Qualifying Transaction (as defined in Policy 2.4 of the TSX Venture Exchange (the "Exchange")). The Qualifying Transaction proceeded by way of a three-cornered amalgamation pursuant to which Tiger Gold Corp., a private company, ("Tiger") amalgamated with a wholly-owned subsidiary of the Company. The name of the amalgamated corporation is "Tiger Gold Resources Corp."

Immediately prior to the closing of the Qualifying Transaction, the Company consolidated its issued and outstanding common shares on a two (2) to one (1) basis (each post-consolidation common share, a "Common Share") and changed its name from "Badger Capital Corp." to "Tiger Gold Corp." The Company's new CUSIP number will be 88673A108 and the new ISIN will be CA88673A1084. Shareholders whose shares are represented by a direct registration system statement will automatically receive their post-consolidation shares without any further action. Beneficial shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their own names are encouraged to contact their intermediaries if they have any questions.

Additionally, in connection with closing of the Qualifying Transaction, each subscription receipt issued at $0.50 per subscription receipt in Tiger's $16.3 million concurrent financing (see the joint news release of the Company and Tiger dated November 18, 2025) automatically converted, without payment of any additional consideration, into one unit of Tiger. Each unit was comprised of one common share of Tiger and one-half of one Tiger common share purchase warrant, with each whole warrant being exercisable for a period of three years from the date of issuance at a price of $1.00 per share.

Pursuant to the Qualifying Transaction, the Company issued one post-consolidation Common Share to former Tiger shareholders (including shareholders who participated in Tiger's concurrent financing) in exchange for each common share of Tiger held prior to giving effect to the Qualifying Transaction, representing an aggregate issuance of 97,764,858 Common Shares to former Tiger shareholders.

Additionally, the Company would like to make a correction regarding certain disclosure in the Company's filing statement dated December 10, 2025. The Company has granted an aggregate of 2,540,000 stock options (rather than 2,480,000 as disclosed in the filing statement) to certain directors and officers, each exercisable at $0.50 per share until December 16, 2030.