QcX Gold Announces Receipt of Interim Order

Toronto, Ontario--(Newsfile Corp. - July 17, 2026) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) (" QcX " or the " Company ") announces that, further to its press release of June 2, 2026, the Company has obtained the interim order (the " Interim Order ") providing for the calling and holding of the annual general and special meeting of shareholders of the Company (the " Meeting ") and other procedural matters from the Supreme Court of British Columbia regarding an arrangement under the provisions of Division 5 of Part 9 of the Business Corporations Act (British Columbia) (the " Arrangement ") involving, among others, the Company and Sterling Metals Corp. (" Sterling "), in accordance with the arrangement agreement entered into between the Company and Sterling dated June 1, 2026 (the " Arrangement Agreement "). The Interim Order authorizes the Company to proceed with various matters, including the holding of the Meeting to consider and vote on the Arrangement. Subject to the receipt of the requisite approval of the shareholders, the Arrangement is expected to close on or around August 25, 2026. The Meeting will be held on August 18, 2026 at 11:00 a.m. (Eastern time) at the offices of Irwin Lowy LLP at 217 Queen Street West, Suite 401, Toronto, Ontario M5V 0R2. Further details regarding the terms and conditions of the Arrangement are set out in the Arrangement Agreement, which has been filed by the Company and Sterling under their respective SEDAR+ profiles at www.sedarplus.ca . Additional information regarding the terms of the Arrangement Agreement and the background of the Arrangement will be provided in the information circular for the Meeting, which will also be filed on QcX's SEDAR+ profile at www.sedarplus.ca . About QcX QcX Gold is exploring for gold and VMS style mineralization on its highly prospective and well-located properties in Québec, Canada. The Golden Giant Project is located in the James Bay region, only 2.9 km from Azimut Exploration Inc.'s Patwon discovery on their Elmer gold project. The Fernet Project is located in the Abitibi Greenstone Belt and is contiguous with Wallbridge Mining Company Limited's Fenelon/Martinière property. Both properties are in close proximity to major discoveries which bodes well for exploration. About Sterling Sterling Metals Corp. is a mineral exploration company focused on large-scale Canadian copper exploration opportunities. The Company's flagship assets include the Soo Copper Project in Ontario, which hosts past production and multiple breccia and porphyry targets strategically located near robust infrastructure, and the Adeline Project in Labrador, which covers an extensive sediment-hosted copper belt with significant silver credits. Both projects have demonstrated potential for important new copper discoveries, underscoring Sterling's commitment to pioneering exploration in mineral-rich Canada. On behalf of the Board of Directors: Albert Contardi Chief Executive Officer Tel: (416) 361-2832 Email: [email protected] Website: www.qcxgold.com Cautionary Note - Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements", as such terms are defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements can be identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled," "estimates", "forecasts", "intends", "anticipates" or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements herein include, but are not limited to, the expected benefits of the Arrangement, statements with respect to the consummation and timing of the Arrangement; approval by QcX's shareholders; the satisfaction of the conditions precedent of the Arrangement; timing, receipt and anticipated effects of court, regulatory and other consents and approvals and the strengths, characteristics and potential of the Arrangement. These forward-looking statements are based on current expectations and are subject to known and unknown risks, uncertainties and other factors, many of which are beyond Sterling' and QcX's ability to predict or control and could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to Sterling' and QcX's respective most recent annual management discussion and analysis on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements, which include, without limitation, volatility in the prices of gold, changes in debt and equity markets, the uncertainties involved in interpreting geological data, increases in costs, environmental compliance and changes in environm