NexGold’s Goldboro Project Selected for Inclusion in the Canada Investment Summit Prospectus

TORONTO, Sept. 14, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to announce that its fully permitted Goldboro Gold Project in Nova Scotia has been selected for inclusion in the Canada Investment Summit Prospectus, which will be given to leading global investors at the inaugural Canada Investment Summit, hosted by Prime Minister Mark Carney in partnership with CPP Investments and PSP Investments, in Toronto on September 14-15, 2026.

Kevin Bullock, President, CEO & Director of NexGold, commented: “I am honoured on behalf of NexGold to see the Goldboro Gold Project showcased in the Canada Investment Summit Prospectus, which will be presented to some of the world’s largest long-horizon institutional investors and prominent business leaders. Goldboro’s inclusion in the Summit Prospectus speaks not only to the quality of the Project from an investment standpoint but is also a testament to the hard work of our team in advancing the Project, while building strong relationships with local communities and First Nations. As a Canadian company advancing a portfolio of Canadian projects toward production, we are proud to have the Goldboro Gold Project featured among the projects highlighted at this high-profile global event.”

About the Goldboro Gold Project

NexGold is steadily advancing its fully permitted Goldboro Gold Project in Nova Scotia. The Company is evaluating a potential construction decision for Goldboro, which is currently anticipated in 2026. The Goldboro Gold Project is located in Guysborough County, Nova Scotia, approximately 1.6 km north of the Village of Goldboro. Situated along Route 316, the Project benefits from access to world class infrastructure, services and a skilled workforce, supporting efficient future development activities. Based on the Project’s 2022 Mineral Resource Estimate, Goldboro contains an estimated 2.58 million ounces of gold within 21.6 million tonnes grading 3.72 g/t gold. According to the Goldboro Feasibility Study, the Project is expected to have a mine life of approximately 11 years and average annual gold production of approximately 100,000 ounces during the initial years of operation, with potential opportunities for future expansion.

About the Canada Investment Summit

The inaugural Canada Investment Summit will take place in Toronto on September 14-15, 2026. Hosted by the Prime Minister of Canada in partnership with CPP Investments and PSP Investments, the Summit will convene the world’s largest investors, including top CEOs, entrepreneurs, and prominent global business leaders for a two-day forum focused on long-horizon capital, commercial opportunities and productive assets that strengthen Canada’s growth and economic resilience. The Summit forms part of the Government of Canada’s broader effort to strengthen Canada’s investment environment, diversify trade and attract approximately $1 trillion in total investment in Canada over the next five years.
For additional information on the Canada Investment Summit: Canada Investment Summit 2026.

Qualified Person

Paul McNeill, P.Geo., VP Exploration of NexGold, and a “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About NexGold Mining Corp.
NexGold is a gold-focused company with assets in Canada and Alaska, including the Goldboro Gold Project in Nova Scotia, the Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) in Northwestern Ontario, and additional exploration projects across Canada. NexGold also holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project in southeast Alaska. NexGold is committed to ongoing, meaningful engagement with regional communities and Indigenous Nations to support sustainable development, safe operations, and shared economic and social benefits.

Further details about NexGold, including a Feasibility Study for the Goldboro Gold Project and a Prefeasibility Study for the Goliath Gold Complex, are available under the Company’s issuer profile on www.sedarplus.ca and on NexGold’s website at www.nexgold.com.

Contact:

Kevin Bullock President & CEO (416) 214-4654 kbullock@nexgold.com	Greg DiTomaso Investor Relations (647) 547-5357 gditomaso@nexgold.com

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of applicable U.S. securities laws (collectively, “forward-looking information”). Forward-looking information includes, but is not limited to, statements regarding: the advancement and development of the Goldboro Gold Project; the timing of a potential construction decision; future construction, financing and development activities; the Project’s anticipated mine life and production profile; potential future expansion opportunities; the Company's participation in, and potential benefits arising from, the Canada Investment Summit; and the Company’s plans, objectives and expectations for its projects. All statements, other than statements of historical fact, are forward-looking.

Forward-looking information is often, but not always, identified by the use of words and phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “projects”, “anticipates”, “believes”, “targets”, “potential”, “may”, “could”, “should”, “would”, “will” and similar expressions.

Forward-looking information is based on a number of assumptions, including, among others, assumptions regarding financing availability, commodity prices, operating and capital cost estimates, market conditions, the timing of regulatory, corporate and Board approvals, the continued advancement of the Goldboro Gold Project, and the accuracy of technical studies and Mineral Resource estimates. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, among others: the ability of the Company to obtain financing on acceptable terms or at all; risks associated with the development and construction of mineral projects; changes in commodity prices and market conditions; operating and capital cost increases; environmental, community, Indigenous, permitting and regulatory risks; delays in obtaining approvals or completing development activities; labour shortages; and the other risks described in the Company's public disclosure documents, including its Management's Discussion and Analysis for the year ended December 31, 2025, available under the Company's profile on SEDAR+ at www.sedarplus.ca.

Although the Company believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that such information will prove to be accurate, as actual results and future events may differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained in this news release is provided to assist investors in understanding the Company's current expectations, plans and objectives and may not be appropriate for other purposes. The Company undertakes no obligation to update or revise any forward-looking information, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.