Vancouver, B.C. (December 8, 2025) – Independence Gold Corp. (TSX.V: IGO)(OTCQB: IEGCF) (the “Company”) wishes to announce a proposed non-brokered equity financing (the “Financing”) comprised of flow-through common shares (the “FT Shares”) and units (each a “Unit”). The FT Shares will be offered at $0.11 and the Units will be offered at a price of $0.10 for a maximum aggregate proceeds of up to $5,000,000, and a combined total of a maximum 50,000,000 shares issued. Each Unit will consist of one common share of the Company (a “Share”) and one-half of one common share purchase warrant. Each whole warrant (a “Warrant”) will entitle the holder to purchase one additional Share at an exercise price of $0.15 per common share for a period of 24 months. Subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange, finders’ fees may be payable to eligible arm’s length persons with respect to certain subscriptions accepted by the Company.

The proceeds from the FT Shares will be used by the Company to incur eligible Canadian exploration expenditures that will qualify as “flow-through mining expenditures” as such terms are defined by the Income Tax Act (Canada)(the “Qualifying Expenditures”) related to the 3Ts Project, British Columbia and the Boulevard Project, Yukon. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Shares effective December 31, 2025. A portion of the proceeds from the Units is also intended to be used for general and administrative purposes. The financing is expected to close on or before December 19, 2025.

Closing of the Offering is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. The securities issued will be subject to a four month hold period.

ON BEHALF OF THE BOARD of Independence Gold Corp.

“Randy Turner”

Randy Turner, President and CEO