Another Leading Independent Proxy Advisory Firm Recommends G2 Goldfields’ Shareholders Vote for the Arrangement With G Mining

TORONTO, June 09, 2026 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) is pleased to announce that Glass Lewis & Co., LLC (“Glass Lewis”), a leading independent proxy advisory firm, has recommended that G2 shareholders vote “FOR” the plan of arrangement (the “Arrangement”) with G Mining Ventures Corp. (“GMIN”) to be approved at the upcoming special meeting of shareholders (the “Meeting”) to be held on Tuesday June 16, 2026 at 10:00 a.m. (Toronto Time). As announced by the Company on June 4, 2026, Institutional Shareholder Services Inc. (ISS) has made the same recommendation.

Glass Lewis commented that “the proposed transaction is the result of a lengthy and robust strategic review process commenced in June 2023” and that “the implied value of the consideration represents a substantial premium over the Company’s unaffected stock price and also represents a fifteen-year high for the Company’s shares”.

Board Recommendation

The board of directors of the Company (the “Board”) unanimously recommends that the G2 shareholders vote FOR the Arrangement. The Board also unanimously recommends that the G2 shareholders vote FOR all resolutions pertaining to the spin-out of G3 Goldfields Inc.

YOUR VOTE IS IMPORTANT. CAST YOUR VOTE WELL IN ADVANCE OF THE PROXY VOTING DEADLINE.

G2 shareholders are encouraged to read the management information circular of the Company dated May 12, 2026 (the “Circular”), and vote your G2 shares as soon as possible, in accordance with the instructions accompanying the form of proxy or voting instruction form mailed to G2 shareholders together with the Circular.

The proxy voting deadline is 10:00 a.m. (Toronto time) on Friday, June 12, 2026.

Questions & Voting Assistance

G2 shareholders who have any questions about the Meeting or require assistance with voting may contact Carson Proxy Advisors, G2’s proxy solicitation agent:

Carson Proxy Advisors Ltd.
Toll Free: 1-800-530-5189 (toll-free in North America)
International: [phone] (collect outside North America)
By Email: [e-mail]

About G2 Goldfields Inc.

G2 Goldfields finds and develops gold deposits in Guyana. The founders and principals of the Company have been directly responsible for the discovery of more than 11 million ounces of gold in the prolific and underexplored Guiana Shield. G2 continues this legacy of exploration excellence and success. Total combined open pit and underground resources across all 5 discoveries to date include:

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