Element79 Announces Received Final Order Approving Previously Announced Plan of Arrangement with Synergy Metals Corp.

Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) ("Element79", or the "Company") is pleased to announce that, further to its press release dated June 11, 2026, it has been granted the final order (the “ Final Orde r”) from the Supreme Court of British Columbia approving the Company’s previously announced plan of arrangement (the “ Arrangement ”) with Synergy Metals Corp. (" Synergy "). Receipt of the Final Order follows approval of the Arrangement by securityholders of the Company at its special meeting held on July 3, 2026. Completion of the Arrangement remains subject to the satisfaction of other customary closing conditions. Upon closing of the Arrangement, it is expected that the SpinCo Shares will be listed on the Canadian Securities Exchange (the “ CSE ”). Subject to the satisfaction of waiver of all remaining closing conditions, the Arrangement expected to be completed in July 2026. Further information concerning the Company, Synergy and the Arrangement can be found in the Company’s management information circular dated May 28, 2026 available under the Company's SEDAR+ profile at www.sedarplus.ca.