Liberty Gold Reports Annual General Meeting Results and Corporate Update

VANCOUVER, British Columbia, June 17, 2026 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Firm”) pronounces voting outcomes from the Firm’s Annual General Meeting of Shareholders held on June 17, 2026 (the “Meeting”).

Mr. Rob Pease, who has served on the Board of Liberty Gold for roughly 15 years, together with a interval as Chair of the Board, didn’t stand for re-election as a director on the Meeting. Mr. Pease has performed a key position in guiding the Firm via a number of levels of its improvement and will stay engaged with Liberty Gold in an advisory capability as Corporate Advisor, guaranteeing continued entry to his expertise and perspective.

On behalf of the Board and administration workforce, Liberty Gold extends its honest appreciation to Mr. Pease for his longstanding service, management, and significant contribution to the Firm.

A complete of 336,404,012 widespread shares had been voted, representing the votes connected to 63.7% of all excellent widespread shares. Shareholders voted in favour of the election of all director nominees. The proportion of votes forged for every is as follows:

The next had been additionally accepted by the shareholders:

The reappointment of PricewaterhouseCoopers LLP, Chartered Skilled Accountants as auditor of the Firm:

In favour of amendments to, and unallocated entitlements underneath the Inventory Possibility Plan:

In favour of unallocated entitlements underneath the Restricted Share Unit Plan:

In favour of unallocated entitlements underneath the Deferred Share Unit Plan:

Voting outcomes are launched in accordance with Toronto Inventory Alternate necessities. Detailed voting outcomes for the Meeting can be found underneath Liberty Gold’s SEDAR+ profile at www.sedarplus.ca.

CORPORATE UDPATE

Liberty Gold additionally pronounces that Centerra Gold Inc. (“Centerra”) has exercised its top-up proper to take care of a 9.9% fairness curiosity within the Firm as offered underneath the Investor Rights Settlement dated September 29, 2025. In reference to this election, Centerra has subscribed for two,050,287 widespread shares of Liberty Gold at a worth of C$1.70 per widespread share, for mixture proceeds of C$3.5 million.

Centerra’s train of its top-up proper displays its continued help for Liberty Gold because the Firm advances Black Pine, its 100% owned oxide gold improvement venture in Idaho, via feasibility and allowing.

ABOUT LIBERTY GOLD

Liberty Gold is a U.S.-focused gold firm advancing Black Pine, its 100% owned oxide gold venture in Idaho, positioned inside the Nice Basin, one of many world’s best and mining-friendly gold areas. Black Pine is a large-scale, past-producing, run-of-mine heap leachable gold deposit progressing via feasibility and allowing towards a contemporary open-pit mining operation. The Firm’s technique is centered on advancing high-quality, long-life gold property, with a transparent deal with technical simplicity, robust environmental efficiency, venture executability, collaborative allowing processes, and worth creation. This displays Liberty Gold’s dedication to the self-discipline of supply. The Firm is led by an skilled workforce with a monitor document of discovery, improvement, and delivering sustained long-term worth.

For extra info, go to libertygold.ca or contact:

Susie Bell, Vice President, Investor Relations and Corporate Communications
Cellphone: 604-632-4677 or Toll Free 1-877-632-4677
information@libertygold.ca

This information launch comprises “forward-looking info” and “forward-looking statements” inside the that means of relevant securities legal guidelines, together with statements or info regarding future monetary or working efficiency of Liberty Gold and its enterprise, operations, properties and situation; deliberate de-risking actions at Liberty Gold’s mineral properties; federal and state allowing timelines; the development of the Black Pine Undertaking via feasibility and allowing; the completion of Centerra Gold Inc.’s subscription for widespread shares pursuant to its top-up proper; future updates to mineral sources; the potential amount, recoverability and/or grade of minerals; the potential measurement of a mineralized zone or potential enlargement of mineralization; proposed exploration and improvement of Liberty Gold’s mineral property pursuits; future water rights acquisitions; the outcomes of mineral useful resource estimates, mineral reserve estimates, preliminary feasibility research or feasibility research; and the Firm’s anticipated expenditures.

Ahead-looking info is usually, however not all the time, recognized by means of phrases corresponding to “search”, “anticipate”, “plan”, “proceed”, “deliberate”, “anticipate”, “venture”, “predict”, “potential”, “focusing on”, “intends”, “consider”, “aim” and comparable expressions, or variations of such phrases and phrases, or statements that sure actions, occasions or outcomes “might”, “ought to”, “may”, “would”, “would possibly” or “will” be taken, happen or be achieved. Ahead-looking info shouldn’t be a assure of future efficiency and relies upon numerous estimates and assumptions of administration as of the date the statements are made, together with, amongst others, assumptions relating to future costs of gold and different metals, forex alternate charges and rates of interest, beneficial working situations, political stability, well timed receipt of governmental, regulatory and inventory alternate approvals, completion of the issuance of widespread shares to Centerra Gold Inc. pursuant to its top-up proper on the phrases described herein, receipt of financing on time, acquiring renewals for current licences and permits and acquiring required licences and permits, labour stability, stability in market situations, availability of kit, outcomes or timing of any mineral sources, mineral reserves, baseline research, useful resource conversion, pre-feasibility research or feasibility research, the provision of drill rigs, profitable decision of disputes and anticipated prices and expenditures. Many assumptions are based mostly on elements and occasions that aren’t inside the management of Liberty Gold and there is no such thing as a assurance they’ll show to be right.

Such forward-looking info includes identified and unknown dangers, uncertainties and different elements that will trigger precise outcomes to vary materially from any future outcomes expressed or implied by such forward-looking info, together with dangers associated to the interpretation of outcomes and/or reliance on technical info offered by third events as associated to the Firm’s mineral property pursuits; adjustments in venture parameters as plans proceed to be refined; present financial situations; state and federal allowing processes; future costs of commodities; potential variations in grade or restoration charges; the prices and timing of the event of latest deposits; failure of kit or processes to function as anticipated; the failure of contracted events to carry out; the timing and success of exploration actions typically; the timing or outcomes of the publication of any mineral sources, mineral reserves or feasibility research; delays in allowing; potential claims towards the Firm; labour disputes and different dangers of the mining business; delays in acquiring governmental, regulatory or inventory alternate approvals, financing, or finishing the issuance of widespread shares to Centerra Gold Inc. pursuant to its top-up proper; timing of the completion of exploration; and these elements mentioned within the Annual Data Type of the Firm dated March 25, 2026, within the part entitled “Threat Elements”, underneath Liberty Gold’s SEDAR+ profile at www.sedarplus.ca.

Though Liberty Gold has tried to establish essential elements that might trigger precise actions, occasions or outcomes to vary materially from these described in forward-looking info, there could also be different elements that trigger actions, occasions or outcomes to not be as anticipated, estimated or supposed. There will be no assurance that such info will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Liberty Gold disclaims any intention or obligation to replace or revise any forward-looking info, whether or not on account of new info, future occasions or in any other case, apart from materials variations between precise outcomes and beforehand disclosed materials forward-looking info, or as in any other case required by legislation.

Apart from statements of historic truth, info contained herein or included by reference herein constitutes forward-looking statements and forward-looking info. Readers mustn’t place undue reliance on forward-looking info. All forward-looking statements and forward-looking info attributable to Liberty Gold are expressly certified by these cautionary statements.