• Seabridge Gold shareholders met on May 22, 2026, backing a plan to spin out the Courageous Lake gold project into Valor Gold Corp. via an arrangement.
• The arrangement resolution passed, clearing the way for Seabridge to transfer its interest in the Courageous Lake project to Valor, then distribute 55 million Valor shares to Seabridge shareholders at about 1 Valor share for every 1.957 Seabridge shares.
• Shareholders also adopted Valor’s restricted share unit and deferred share unit plan.
• The transactions have not yet been completed; closing remains subject to a British Columbia Supreme Court final order, with completion targeted for about June 3, 2026.

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. Seabridge Gold Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-002848), on May 22, 2026, and is solely responsible for the information contained therein.