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Two Blokes Jun 19 -
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VANCOUVER, BC / T heNewswire / June 1 9 , 2025 – Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) ("Element79", or the "Company”) wishes to clarify its news release dated May 1, 2025, and announces that, in connection with its previously announced proposed arrangement transaction with Synergy Metals Corp. (" Synergy ") pursuant to an arrangement agreement dated January 10, 2025 (the “ Arrangement Agreement ”), it has entered an amending agreement dated effective April 30 , 2025, to extend the proposed deadline for completion of the transactions contemplated by the Arrangement Agreement to October 31, 2025 (and not August 31, 2025). The Company also wishes to clarify its news release dated May 1, 2025, and announces that, in connection with the previously announced amalgamation anticipated to follow such arrangement pursuant to a merger agreement dated January 10, 2025 (the " Merger Agreement "), between Synergy, Synergy's wholly owned subsidiary, 1515041 B.C. Ltd. (“ Synergy SubCo ” ) , and 1425957 B.C. Ltd. (“ 142 ”), it has entered an amending agreement dated effective April 30, 2025, to extend outside date for completion of the transactions contemplated by the Merger Agreement to October 31, 2025 (and not August 31, 2025).