Goldsky Resources Closes Barsele Gold Project transaction and consolidates 100% ownership

Press Release

VANCOUVER, BC, June 25, 2026 – Goldsky Resources Corp (TSXV: GSKR) (FNSE: GSKR SDB) (OTCQX: GSKRF) (FRA: HEG0) (“Goldsky Resources” or the “Company”) is pleased to announce today it has closed the previously announced acquisition of the remaining 55% interest in the Barsele Gold Project (“Barsele”) in Sweden (the “Transaction”), resulting in Goldsky consolidating 100% ownership of Barsele.

“We are very pleased to complete this transformational Barsele transaction, marking an exciting new chapter for Goldsky. We now look forward to advancing what is expected to be one of the largest drilling campaigns ever undertaken across the Barsele licence. I would also like to welcome the Sweden-based team joining Goldsky as part of the transaction, whose expertise and knowledge of the extensive exploration and environmental work completed to date will be invaluable as we move forward.”, said Russell Bradford CEO.

The Transaction was completed pursuant to a share purchase agreement dated January 28, 2026 (the “Agreement”) between Goldsky Resources and Agnico Eagle Sweden AB (“Agnico Sweden”), a wholly-owned subsidiary of Agnico Eagle Mines Limited (“Agnico Eagle”), pursuant to which Goldsky Resources acquired Agnico Sweden’s 55% interest in Gunnarn Mining AB (“Gunnarn”).  Consideration for the Transaction included a cash payment of US$20,000,000, the issuance of 75,509,577 common shares of the Company (the “Consideration Shares”) to Agnico Eagle (indirectly through Agnico Sweden) and the grant of a 2%  net smelter return royalty on Barsele to Agnico Sweden. The Company has also assumed Agnico Eagle’s obligations under an existing 2% net smelter return royalty on Barsele in favour of Orex Minerals Inc. Please see the Company’s news release dated January 28, 2026, for further details on the Transaction.

In connection with closing of the Transaction, Goldsky Resources and Agnico Eagle entered into an investor rights agreement providing Agnico Eagle with certain participation, top-up and board nomination rights, as well as demand and piggy-back registration rights, all on customary terms. Agnico Eagle has advised the Company that it does not intend to exercise its board nomination rights at this time. As announced on April 9, 2026, the Company received disinterested shareholder approval for the creation of Agnico Eagle as a Control Person (as such term is defined under the policies of the TSX Venture Exchange (the “TSXV”) of the Company. The Transaction was completed on an arm’s length basis and has received final approval of the TSXV.

Barsele is comprised of certain exploration and exploitation permits, all of which are in good standing. Certain exploration permits are approaching their expiry date, however the permits may be renewed so long as the Company is able to demonstrate that extensive exploration work has been carried out on Barsele and the Company intends to complete a substantial exploration program such that Barsele has advanced to a stage where further exploration work may lead to a mining operation. Such permits are typically renewed in the normal course and Goldsky is confident that the conditions will be met to grant a permit extension and that such permits will be extended.

Goldsky Resources paid Nuvolari Capital Limited, an arm’s length party, a finder’s fee in connection with completion of the Transaction, equal to 3% of the aggregate value of the cash consideration and Consideration Shares paid and issued under the Transaction, with an aggregate value of approximately C$6,797,559. The finder’s fee was satisfied by way of issuance of 2,574,833 common shares of the Company (the “Nuvolari Shares”) based on a deemed price of C$2.64 per Nuvolari Share, which is equal to the 20-day VWAP of the Goldsky Resources shares immediately prior to announcement of the Transaction. In addition, further to the Company’s news release dated September 15, 2025, Goldsky will issue 468,550 common shares of the Company (the “Bradford Shares”) at a deemed price of C$3.20 per Bradford Share to Mr. Bradford, CEO of the Company, in connection with the satisfaction of certain conditions set out in his employment agreement. The Consideration Shares, Nuvolari Shares and Bradford Shares are or will be, as applicable, subject to a four month hold period from their date of issue pursuant to applicable Canadian securities laws and the policies of the TSXV. The issuance of the Bradford Shares remains subject to the approval of the TSXV.

Certified Adviser

Augment Partners AB is the Company’s Certified Adviser on Nasdaq First North Growth Market.
Phone: +46 8-604 22 55
Email: info@augment.se

Qualified Persons

The technical and scientific information in this news release relating to Goldsky Resources’ was reviewed, verified and approved by Benjamin Gelber, a practicing Professional Geologist (P.Geo) registered with Engineers & Geoscientists British Columbia (EGBC, Licence No. 33258), former VP Exploration of Lithium Africa Resources Corporation, and former VP Exploration and Chief Technical Advisor of Goldsky Resources, is a Qualified Person as defined in NI 43-101 and has reviewed and approved the scientific and technical information within this news release. Benjamin Gelber is a consultant of Goldsky Resources and considered independent of Goldsky Resources under NI 43-101.

About Goldsky Resources Corp.

Goldsky Resources is a publicly listed gold exploration company, consolidating assets in Sweden and Finland. The Company’s flagship asset is the 100% owned Barsele gold project in central Sweden. Barsele is host to an Indicated Mineral Resource of 7.88 Mt grading 1.27 g/t Au containing 0.32 oz Moz Au and an Inferred Mineral Resource: 28.75 Mt grading 1.98 g/t Au containing 1.83 Moz Au.

Goldsky Resources owns a district-scale license position surrounding Barsele totalling approximately 80,000 hectares on Sweden’s Gold Line greenstone belt comprised of two additional projects (Paubäcken, Storjuktan).

Additionally, in central Finland, Goldsky Resources is the 100%-owner of a district-scale position covering the entire underexplored Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt. Goldsky Resources is also the 100% -owner of the Rajapalot gold cobalt project situated in northern Finland, which has an Inferred Resource of 9,780kt containing 867 koz Au @ 2.8 g/t Au & 4.3 kt Co @ 441 ppm Co (NI 43-101 Technical Report ON A Preliminary Economic Assessment Of The Rajapalot Gold-Cobalt Project, Finland. Effective Date: 19 December 2023. Prepared for Mawson Finland Ltd by SRK Consulting (UK) LTD. SRK Qualified Person Christopher Bray Beng (Mining), MAusIMM(CP), Ove Klaver, MSc (Geology), Eur.Geol., Eemeli Rantala, MSc (Geology), P.Geo., Craig Brown, B.E. (Chem), GradDipGeosci, FAusIMM, Mathieu Gosselin, Beng (Mining), P.Eng.).

This information was submitted for publication, through the agency of the contact person set out above, on June 25, 2026, at 9:30 a.m. Eastern Time.

ON BEHALF OF THE BOARD OF DIRECTORS

Russell Bradford,
CEO & Director

For further information contact: 
Investor Relations
Neil MacRae
SVP, Corporate Development
ir@goldskyresources.com

Tavistock PR (media contact)
Jos Simson/Saskia Sizen
goldskyresources@tavistock.co.uk

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