RPX Gold Provides Corporate Update and Next Steps to Advance the Wawa Gold Project Towards a Pre-Feasibility Study

RPX Gold Provides Corporate Update and Next Steps to Advance the Wawa Gold Project Towards a Pre-Feasibility Study

RPX Gold Inc. (“RPX Gold” or the “Company”) (TSXV: RPX OTCQB: RDEXF) is pleased to provide shareholders with a corporate update outlining the significant progress achieved since January 2026, and our next steps towards preparation of a pre-feasibility study (“PFS”) and the ultimate goal of gold production.

Recent Highlights

Preliminary Economic Assessment (“PEA”) announced on February 18, 2026, which disclosed an after-tax Net Present Value 5% (“NPV5%”) of C$523 million and an after-tax Internal Rate of Return (“IRR”) of 99.7% at a base case gold price of US$3,500/oz, with initial capital of C$51 million and projected sub-one-year payback based on a toll milling scenario

Closed equity financing for gross proceeds of $14.1 million (“M”) on May 13, 2026, providing capital to advance baseline studies, exploration drilling including resource conversion drilling, and progress toward a PFS