Newfoundland Discovery closes acquisition of Orenoxe, securing earn-in rights to Angola’s Ganda gold project

• Newfoundland Discovery closed its acquisition of Orenoxe Holdings, securing staged earn-in rights to up to 70% of GOLDANGO, with an option to 90%.
• GOLDANGO holds the 786 sq km Ganda gold concession in Angola’s Benguela Province, positioned as a district-scale exploration entry.
• Consideration includes USD 220,000 cash, USD 140,000 equivalent in kwanza for licence fees, deferred cash of USD 450,000 within 12 months.
• Equity component totals 19,000,000 Newfoundland Discovery common shares, with 9,900,000 issued at close at CAD 0.12.
• Remaining 9,100,000 shares vest upon USD 1 million of qualifying exploration spend within 24 months, subject to staged lock-ups.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newfoundland Discovery Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609220800NEWSFILECNPR____20260922_315373_1) on September 22, 2026, and is solely responsible for the information contained therein.