TORONTO, August 28, 2026 – White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (“White Gold” or the “Company”) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) granted the final order in connection with the spin-out of certain critical mineral properties located in Yukon (the “Critical Mineral Assets”) to W2 Critical Minerals Corp. (“W2”) pursuant to a plan of arrangement under the Business Corporations Act (Ontario) (the “Spin-Out”). The Spin-Out remains subject to final regulatory approvals, including final approval of the TSX Venture Exchange (the “TSXV”). In connection with the Spin-Out, W2 is pleased to announce an upsize of its previously announced financing to $10,000,000 (the “Financing”).
“We are pleased to announce the significant progress on the spin-out of White Gold’s most prospective critical mineral assets. These assets have benefited from over a decade of ground-up exploration, and now warrant the dedicated team, strategy and capital that W2 will bring to advance them further. We are also pleased with progress of our exploration program to date, which includes our largest ever diamond drilling program on our flagship project designed to build upon the recently announced strong PEA results and demonstrate the potential to meaningfully further increase our gold resources and continue to make new discoveries, and eagerly await assays,” said David D’Onofrio.
