Early Warning Press Release

  This press release is issued pursuant to Multilateral Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers. Vancouver, BC, Canada – June 24, 2026 – TheNewswire - This press release is being disseminated as required by National Instrument 62-103 –  The Early Warning System and Related Take-Over Bid and Insider Reporting Issues  in connection with the filing of an early warning report by Raymond Van Empel (“ Van Empel ”) regarding the disposition of securities of Lighthouse Gold Inc. (formerly Alerio Gold Corp.) (the “ Issuer ”). On June 23, 2026, Van Empel sold (the “ Sale ”) 16,000,000 common shares (“ Shares ”) of the Issuer at a price of $0.21 per Share through the facilities of the Canadian Securities Exchange.

Prior to the Sale, Van Empel beneficially owned and controlled (i) 16,658,500 Shares, representing approximately 10.3% of the 161,505,827 then issued and outstanding Shares on an undiluted basis, (ii) 7,375,000 Share purchase warrants and (iii) 150 unsecured convertible notes (the “ Notes ”), each Note bearing 5% interest and convertible, at the option of the holder, into units (“ Note Units ”) of the Company at a deemed price of $0.02 per Note Unit, with each Note Unit to be composed of one (1) Share and one-half of one (1/2) Share purchase warrant, with each whole warrant exercisable at $0.05 per Share for a period of two (2) years from issuance. Assuming conversion of all warrants held by Van Empel, all Notes held by Van Empel and all warrants underlying such Notes, Van Empel and Pioneer Garage would have beneficially owned and controlled 35,283,500 Shares, representing 19.6% of the 180,130,827 then issued and outstanding Shares on a partially diluted basis (assuming conversion of all warrants held by Van Empel, all Notes held by Van Empel and all warrants underlying such Notes). Following completion of the Sale, Van Empel now beneficially owns and controls holds 658,500 Shares, 7,375,000 share purchase warrant sand 150 Notes, representing approximately 0.4% of the 161,505,827 now issued and outstanding Shares on an undiluted bases and approximately 10.7% of the 180,130,827 now issued and outstanding Shares on a partially diluted bases (assuming conversion of all warrants held by Van Empel, all notes held by Van Empel and all warrants underlying such Notes).

The purpose of the Sale was to sell securities for cash. A copy of the early warning report is available on www.sedarplus.ca . The name and address of the “Acquiror” filing the report is: Raymond Van Empel Vancouver, BC Copyright (c) 2026 TheNewswire - All rights reserved.

TheNewsWire June 24, 2026 - 5:00 AM PDT News by QuoteMedia www.quotemedia.com