White Gold wins court approval for W2 Critical Minerals spin-out under Yukon assets reorganization

• White Gold secured Ontario court clearance to spin out Yukon critical mineral properties into W2 Critical Minerals via a plan of arrangement.
• Transaction still needs final regulatory sign-offs, including TSXV clearance; record date and payment date pending closing conditions.
• W2 raised the planned non-brokered subscription receipt financing to CAD 10 million from CAD 5 million at CAD 0.25 each.
• Proceeds will sit in escrow, then fund exploration of the spun-out assets, general corporate needs, working capital once the spin-out closes.

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. White Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608280700NEWSFILECNPR____20260828_311935_1) on August 28, 2026, and is solely responsible for the information contained therein.