BRIEF

on Kalo Gold Corp. (CVE:KALO)

Kalo Gold Corp. Announces Share Consolidation Effective Date

Kalo Gold Corp. has announced a consolidation of its common shares, effective December 23, 2025. The consolidation will occur on a four-to-one basis, whereby four pre-consolidation shares will be combined into one post-consolidation share. The company's name remains unchanged, while the new CUSIP and ISIN numbers for post-consolidation shares are 48344L305 and CA48344L3056, respectively.

After consolidation, the issued and outstanding shares will total approximately 78,611,027. Fractional shares will not be issued; fractions under half will be canceled, and those half or above will be rounded up to a whole share. Adjustments will be made to the exercise or conversion prices of any convertible securities accordingly.

Shareholders with physical certificates will need to contact Odyssey Trust Company to exchange them for new ones. In contrast, those holding shares through intermediaries are not required to take action.

R. E.

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