Juggernaut Exploration Ltd. press release

LUNDIN GOLD SHARE CAPITAL AND VOTING RIGHTS UPDATE

2025-10-31

TSXV - TSX Venture Exchange · Gold · Silver · Copper · Zinc · Lead · Canada · Corporate Finance

Canada NewsWire

VANCOUVER, BC, Oct. 31, 2025/CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company")reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF version

As a result of the exercise of stock options under Lundin Gold'sequity compensation plan during the month of October, the Company now has 241,390,763 common shares issued and outstanding with voting rights as at October 31, 2025.

This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world.

The Company's board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Goldis committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact. Furthermore, Lundin Goldis focused on continued exploration on its extensive and highly prospective land package to identify and develop new resource opportunities to ensure long-term sustainability and growth for the Company and its stakeholders.

Additional Information

The information in this release is subject to the disclosure requirements of Lundin Goldunder the Swedish Financial Instruments Trading Act. This information was publicly communicated on October 31, 2025 at 2:00 p.m. Pacific Timethrough the contact persons set out below.

SOURCE Lundin Gold Inc.