On December 16, 2025, Tiger Gold Corp. (formerly, Badger Capital Corp.) (the “Company”) announced that it had closed its qualifying transaction (the “Qualifying Transaction”) with Tiger Gold Corp., a private company (“Tiger”). The Qualifying Transaction proceeded by way of a three-cornered amalgamation pursuant to which Tiger amalgamated with a wholly-owned subsidiary of the Company. The name of the amalgamated corporation is “Tiger Gold Resources Corp.”

Immediately prior to the closing of the Qualifying Transaction, the Company consolidated its issued and outstanding common shares on a two (2) to one (1) basis (each post-consolidation common share, a “Common Share“) and changed its name from “Badger Capital Corp.” to “Tiger Gold Corp.”

In connection with the completion of the Qualifying Transaction, the Common Shares recommenced trading on the TSX Venture Exchange (the “Exchange”) under the symbol “TIGR” at the open of the market on or about December 19, 2025.

In connection with the Qualifying Transaction, Tiger closed a private placement financing pursuant to which it raised aggregate gross proceeds of $16,300,000 through the issuance of 32,600,000 subscription receipts (each, a “Subscription Receipt”) at a price of $0.50 per Subscription Receipt. Immediately prior to the closing of the Qualifying Transaction, each Subscription Receipt was automatically converted into one unit of Tiger (each, a “Tiger Unit”). Each Tiger Unit was comprised of one common share of Tiger and one-half of one common share purchase warrant of Tiger (each whole warrant, a “Tiger Warrant”). Each Tiger Warrant entitles the holder thereof to purchase one additional Tiger common share at a price of $1.00 per share for a period of three years from the date of issuance.  On closing of the Qualifying Transaction, each of the Tiger securities were exchanged for securities of the Company on a one-for-one basis.

The Company is a growth-oriented gold exploration and mine development company focused on advancing its flagship asset, the Quinchía Gold Project, a multi-million-ounce gold project in the prolific Mid-Cauca belt of Colombia, over which Tiger holds an option to acquire a 100% interest.

Further details regarding the Company and the Qualifying Transaction can be found on the Company’s website. The Company trades under the symbol “TIGR” on the TSX Venture Exchange.