Canadian GoldCamps Completes Acquisition of Initial 85% Interest in Stealthwall West Gold Project in Northeastern Québec

Canadian GoldCamps Corp. (CSE: CAMP) (OTC: SMATF) (FSE: A68) (“Canadian GoldCamps” or the “Company”) announces that, further to its news release dated August 18, 2026, it has completed the acquisition of an initial 85% undivided interest in the Stealthwall West Project (the “Project”), located in the Caniapiscau district of northeastern Québec. The acquisition was completed pursuant to the definitive property acquisition and option agreement dated August 17, 2026 (the “Agreement”) with the arm’s length vendors of the Project (the “Vendors”).

Pursuant to the Agreement, the Company acquired an initial 85% undivided interest in the Stealthwall West Project (the “Project”), located in the Caniapiscau district of northeastern Québec (the “Transaction”). The Project comprises 50 contiguous mining claims, CDC 2865583 through CDC 2865632, on NTS map sheet 23C10 in the unorganized territory of Rivière-Mouchalagane, MRC de Caniapiscau, Côte-Nord, Québec. The claims cover an aggregate area of approximately 2,612.5 hectares.

At closing, the Company issued 3,600,000 common shares (the “Initial Consideration Shares”) to the Vendors at a deemed price of $0.10 per share, representing aggregate deemed consideration of $360,000. The Vendors are also entitled to aggregate deferred consideration of $75,000. The Company may satisfy the deferred consideration in cash at any time on or before six months after closing. If the amount has not been paid in cash, the Company has not abandoned the Project in accordance with the Agreement, and the Company continues to hold its interest on the first anniversary of closing, the deferred consideration will be satisfied through the issuance of common shares having an aggregate deemed value of $75,000 at the lowest issue price then permitted by the Canadian Securities Exchange (the “CSE”), using the maximum discount then permitted, subject to CSE acceptance, applicable securities laws and resale restrictions.

Accordingly, the aggregate deemed consideration attributable to the initial 85% acquisition is $435,000, consisting of $360,000 in common shares and $75,000 of deferred consideration.

Following closing of the initial acquisition, the remaining 15% undivided interest is held by three arm’s length parties, each holding a 5% interest (collectively, the “Residual Holders”). The Agreement contemplates that the Company may acquire the remaining 15% interest for aggregate consideration of $400,000, consisting of $75,000 in cash and common shares of the Company having an aggregate deemed value of $325,000. The shares issuable in connection with the acquisition would be issued at the lowest price then permitted by the CSE, using the maximum discount then permitted, subject to CSE acceptance, applicable securities laws and resale restrictions.

Closing of the acquisition for the remaining 15% interest would occur within 10 business days after the Company provides notice of its election to acquire that interest and the applicable regulatory conditions are satisfied. At closing of the initial acquisition, the Project became subject to two separate 1.0% net smelter returns royalties in favour of two arm’s length parties. Those royalties are independent of the residual interests and will continue if the Company subsequently acquires the remaining 15% interest. Accordingly, any 100% ownership of the Project by the Company will remain subject to an aggregate 2.0% net smelter returns royalty. If the Company has not previously acquired the remaining 15% interest, contribution rights applicable to the Residual Holders will arise only af