Lahontan Gold agrees to buy Emergent Metals in share deal valuing target at $0.12 per share

• Lahontan Gold to acquire Emergent Metals via a court-approved plan of arrangement, consolidating full ownership of West Santa Fe.
• Emergent shareholders to receive 1 Lahontan share for every 3.21 Emergent shares, implying consideration of $0.115 per share.
• Post-deal ownership expected at 95.3% for existing Lahontan holders, 4.7% for former Emergent holders.
• Transaction removes about $2.39 million in future payments tied to West Santa Fe, eliminating a 1% NSR royalty there.
• Deal adds the New York Canyon project next to Santa Fe Mine, also ending a 1% NSR on 27 York claims.

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. Lahontan Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609160936PRIMZONEFULLFEED9828218) on September 16, 2026, and is solely responsible for the information contained therein.