Mako Mining to take 49% stake in Sailfish Royalty via 70,000,000-share subscription at $5.76 each

• Mako Mining signed a non-binding LOI to sell a 240-month corporate-level gold stream to Sailfish Royalty.
• Consideration includes 70,000,000 Sailfish common shares priced at USD 5.76 each, based on a 5-day VWAP.
• Mako would own about 49% of Sailfish post-issuance, creating a minority stake intended to lower cost of capital.
• Stream deliveries start at 650 oz/month, rising to 1,000 oz/month; Sailfish would pay 25% of LBMA PM Fix per ounce.
• Closing requires definitive documentation, minority shareholder approval, TSXV clearance, fairness opinions, and an independent formal valuation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mako Mining Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-004908), on September 14, 2026, and is solely responsible for the information contained therein.