**NexGold Mining Corp. Secures US$24 Million Royalty Financing with Appian Capital Advisory** TORONTO, Sept. 29, 2025 - NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) has announced the closing of a US$24 million royalty financing agreement with Appian Capital Advisory Limited. Under the terms, NexGold's subsidiary, Goldboro Gold Mine Inc. $(GGM)$, has granted Appian a 2.9% net smelter returns royalty on its 100%-owned Goldboro Gold Project. The proceeds were used in part to retire a US$12 million credit facility and buy back a 0.6% royalty from Nebari, leaving the company with no material third-party debt. Appian also retains participation and first-offer rights on future financings related to the project for the next three years. NexGold may repurchase a portion of the royalty for US$29 million within three years, or US$30.5 million within four years. The financing is intended to support project development and advance the Goldboro Project towards construction.