SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provide its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The firm operationalizes artificial intelligence and machine learning at scale through its end-to-end data analytics platform. It deploys its observe, orient and dominate products to customers throughout the defense, intelligence, and commercial markets. The company was founded in 2020 and is headquartered in McLean, VA.

BigBear.ai Holdings Inc

BigBear.ai is actively discussed following the recent finalization of its Ask Sage acquisition, enhancing its secure generative AI offerings for defense and regulated sectors. This strategic move, coupled with significant debt reduction plans involving new share issuance, has ignited strong community interest comparing it to Palantir and fueling expectations for major contract announcements in critical geopolitical and security domains. The debate around potential dilution from future share authorization balances the widespread anticipation for sustained growth.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

DJT is trending amidst significant geopolitical events tied to Donald Trump's actions in Venezuela, particularly the capture of Nicolas Maduro. The community is sharply divided, with supporters viewing the developments as a decisive move that could benefit the company and lead to a short squeeze, while critics voice concerns over legality and motives, framing it as a distraction. This politically charged environment continues to drive highly speculative sentiment around the stock.

Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.  Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.  Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.  In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.  XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

Ripple

XRP is trending amid strong community anticipation for regulatory clarity, especially regarding the Clarity Act, which is widely seen as a catalyst for increased institutional adoption and XRPL utility. Discussions are highlighting a diminishing supply with significant token lock-ups and rising demand, fueling optimism for its crucial role in global finance. Further excitement stems from developments like the potential Ripple National Trust Bank and integrations with major retail payment systems.

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

The Invesco QQQ Trust is trending as market participants keenly react to the US military operation in Venezuela and the capture of Nicolas Maduro. Community discussion is sharply divided between those anticipating significant market upside from potential lower oil prices and new US economic leverage, and those concerned about escalating geopolitical instability and perceived market manipulation. This event is driving a fervent debate on the future direction of tech-heavy indices amidst these global developments.

Strategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Vienna, VA.

Strategy Inc. - Ordinary Shares - Class A

Strategy

MicroStrategy is actively trending as Bitcoin gains strength, sparking community discussion around the company's valuation as a leveraged proxy for the digital asset. Investors are keenly focused on the upcoming MSCI index reclassification, a decision that could significantly influence institutional investment flows into MSTR.

Memecoin on Injective taken over by the community.

Nonja

Nonja ($NONJA) is trending as a high-leverage play on Injective's ($INJ) robust ecosystem, which is gaining attention for its strong fundamentals, significant developer activity, and institutional interest with staked ETF filings. The community is actively touting $NONJA as a resilient and organically growing top memecoin on the Injective network, positioning it for substantial gains as its parent chain expands.

Chevron Corp. engages in the provision of oil and gas energy solutions. It provides crude oil and natural gas, manufactures transportation fuels, lubricants, petrochemicals, and additives, and develops technologies that enhance business and the industry. It operates through the Upstream and Downstream segments. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded on September 10, 1879 and is headquartered in Houston, TX.

Chevron Corp.

Chevron is trending with significant premarket gains as recent geopolitical developments in Venezuela, a nation with massive oil reserves, position the company uniquely. The community is actively discussing Chevron's strategic advantage as the sole major U.S. oil operator there, driving bullish sentiment amid global supply considerations.

Keeta is a high-performance layer-1 blockchain designed to unify transactions across different blockchains and fiat payment systems, eliminating the need for costly intermediaries, reducing fees, and enabling near-instant settlements. With 400-millisecond transaction finality and the ability to process 10 million transactions per second, Keeta sets a new industry benchmark for speed and scalability.  Founded in 2022 and backed by Eric Schmidt, the former CEO of Google, Keeta has been engineered to meet the stringent regulatory and operational requirements of financial institutions. Its advanced on-chain compliance protocols, including KYC and AML, ensure security and regulatory adherence. Keeta’s architecture natively supports asset tokenization and digital identity, making it an ideal platform for stablecoins and real-world asset transfers.  By facilitating cross-chain transactions and interoperability with existing payment systems, Keeta bridges the gap between cryptocurrencies and fiat, enabling a secure, efficient, and compliant global financial ecosystem.

Keeta

Keeta (KTA CRYPTO) is trending as a high-performance Layer 1 infrastructure, with the community buzzing about its verified 11M+ transactions per second and compliance-first architecture. The recent live integration of Bridge, a Stripe-owned fiat anchor enabling seamless on/off-ramps to regulated banking systems, positions KTA as an undervalued play for global financial plumbing and institutional adoption.

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.   Dogecoin was created by Billy Markus from Portland, Oregon and  Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.  The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.  To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a DOGE currency exchange and deposited some funds, you are ready to start trading.

Dogecoin

Dogecoin is experiencing a notable surge, trending amidst a broader rally in meme coins and Bitcoin's strong market performance, which has ignited widespread community speculation. Investors are actively debating its immediate future, with many anticipating a significant upward movement, fueled by its iconic meme status and persistent hopes for its role in X payments. This renewed enthusiasm positions Doge as a key focus in the current 'meme season' within the evolving crypto landscape.

NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 and is headquartered in Jiading, China.

NIO Inc - ADR

NIO Inc

NIO is trending after announcing record December and Q4 vehicle deliveries, bringing it close to one million cumulative units. Despite this strong operational performance and approaching profitability, the community is actively debating perceived stock manipulation, arguing that institutional short-selling is keeping shares significantly undervalued amidst its technological advancements like battery swapping.

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Zomato Ltd.

Tata Consultancy Services

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Gold Investment Dollars are Flooding into the Safe African Countries amidst Record Prices- Here’s 5 Stocks To Play The Renaissance 

Others

As gold prices soar to historic highs, Africa emerges as a strategic investment destination, offering high returns. Here are five compelling gold stocks to consider for tapping into the continent's golden renaissance.

The Small Cap Gold Market is Breaking Out Aggressively — Here’s What to Do

A decade of underinvestment in mining has led to tight supply, which will benefit small gold mining companies, that are bringing new projects online. Buy now before the market re-rates it and the window of opportunity closes.

5-Minute Deep Dive: Could This Gold Junior’s Strategic Partnership and Strong Fundamentals Fuel a Major Run?

Explore how LVG’s alliance with Barrick Gold and its construction-ready status give it an execution edge.

Here’s the best small, medium, and large gold players to capitalize on record prices, global instability, and out-of-control sovereign debt.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_10_04_49_AM_png_45524310a4.webp" alt="Screenshot 2025-05-19 at 10.04.49 AM.png">Why Gold? Why Now?Gold (NYSE: GLD) recently broke above $3,500/oz to set a new all-time high before pulling back to a more compelling entry point—right at its 50-day exponential moving average (EMA), a critical level of technical support.With global instability on the rise, sovereign debt ballooning to unsustainable levels, and trust in fiat currencies eroding, investors are rushing toward safe-haven assets. Central banks continue quietly accumulating physical gold, even as the metal rallies in tandem with a strong U.S. dollar—a highly unusual dynamic that signals we may be entering uncharted financial territory.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_9_59_11_AM_png_5596b3542b.webp" alt="Screenshot 2025-05-19 at 9.59.11 AM.png">Some experts, including macro strategist Luke Gromen and former hedge fund manager Russell Napier, now suggest that if monetary confidence truly collapses—or if a global reset or gold-backed framework emerges—gold could reach between&nbsp;$10,000 and $25,000 per ounce.Add in Basel III regulations (an upward revaluation of gold), whispers of a return to a gold-backed monetary regime, and geopolitical turmoil, and you have a setup that has historically launched gold into new stratospheres.But for investors looking to&nbsp;multiply their returns, it’s not the metal they should be buying—it’s the miners.Macro Catalysts Are Also Lining Up<ul><li>Central bank buying is at record highs &nbsp;</li><li>Sovereign debt and currency devaluation are accelerating &nbsp;</li><li>Mining supply is tight due to a decade of underinvestment &nbsp;</li></ul>China’s Secretive Gold Buying: A Global Power MoveChina has been quietly stockpiling gold. The PBoC has reported steady increases for 18 consecutive months—<a target="_blank" rel="noopener noreferrer nofollow" href="https://ainsliebullion.com.au/News-Resources/Article/China-Secretly-Buying-10x-More-Gold-Than-Published/ID/7572#:~:text=China%20Buying%20Way%20More%20Gold%20Than%20It%20Admits&amp;text=Most%20surprising%20is%20that%20China,of%20what%20Goldman's%20analysis%20suggests.">but insiders believe they’re underreporting</a>. Much of their gold is likely bought through state-controlled entities or sovereign funds and disclosed later.Analysts estimate they’re buying several hundred tonnes per year beyond official numbers. This isn’t just diversification. It’s a quiet pivot to hard money—and a hedge against Western monetary policy.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_10_00_03_AM_png_01a5a82308.webp" alt="Screenshot 2025-05-19 at 10.00.03 AM.png">Miners Offer More Torque—And They're Still UndervaluedGold stocks offer leverage to the price of gold. In bull markets, producers can return 2–3x the gains of the metal itself.&nbsp;Developers and near-term producers? They can return 5–10x or more. But what’s striking in 2025 is that miners are still cheap—not just in relation to gold, but to their own historical valuations.Major gold mining ETFs like VanEck Gold Miners ETF (NYSE: GDX) and VanEck Junior Gold Miners ETF (NYSE: GDXJ) continue to lag the metal, still trading below 2020 highs—even with gold being 60% higher. This highlights how undervalued mining equities remain.Current Snapshot: Discount of Gold Miners vs Gold Itself<figure class="table" style="float:left;"><table class="ck-table-resized" style="border-width:medium;"><colgroup><col style="width:25%;"><col style="width:25%;"><col style="width:25%;"><col style="width:25%;"></colgroup><tbody><tr><td style="padding:5pt;vertical-align:top;">Category</td><td style="padding:5pt;vertical-align:top;">EV/Oz Gold Eq (2025)</td><td style="padding:5pt;vertical-align:top;">Historical Bull Market Avg</td><td style="padding:5pt;vertical-align:top;">Discount vs Historical Bull Market High</td></tr><tr><td style="padding:5pt;vertical-align:top;">Senior Producers</td><td style="padding:5pt;vertical-align:top;">$300–$500/oz</td><td style="padding:5pt;vertical-align:top;">$400–600/oz</td><td style="padding:5pt;vertical-align:top;">~50%</td></tr><tr><td style="padding:5pt;vertical-align:top;">Mid-Tier Producers</td><td style="padding:5pt;vertical-align:top;">$90–160/oz</td><td style="padding:5pt;vertical-align:top;">$150–250/oz</td><td style="padding:5pt;vertical-align:top;">~64%</td></tr><tr><td style="padding:5pt;vertical-align:top;">Developers (Pre-prod)</td><td style="padding:5pt;vertical-align:top;">$30–80/oz</td><td style="padding:5pt;vertical-align:top;">$80–150/oz</td><td style="padding:5pt;vertical-align:top;">~80%</td></tr></tbody></table></figure>Not only does gold have clear upside potential, but miners provide a multiplier effect—and right now, they’re trading at massive discounts even before that leverage kicks in.During the 1970s gold bull market,&nbsp;gold surged from $35 to over $800 per ounce. Homestake Mining, one of the top gold producers at the time, rose more than 1,600%. That kind of explosive move came not at the start of the rally, but after gold had already begun climbing.&nbsp;<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_10_00_46_AM_png_9c515888d2.webp" alt="Screenshot 2025-05-19 at 10.00.46 AM.png">From Macro Tailwinds to Tactical Execution: Positioning with the Right Gold StocksWith the macro tailwinds firmly in place, the opportunity is clear. But not all gold stocks are created equal.Some are overleveraged. Others are too early. And many are stuck in jurisdictions that won’t attract institutional capital.To truly capitalize on this gold supercycle, investors need to focus on companies that check key strategic boxes.What to Look for in a Gold Stock:<ul><li>Fully permitted or in late-stage development &nbsp;</li><li>High-grade ounces in a stable jurisdiction &nbsp;</li><li>Capable, aligned management with strong insider ownership &nbsp;</li><li>Strategic partners or investors (majors, billionaires, institutions) &nbsp;</li><li>Tight share structure and low dilution risk &nbsp;</li></ul>The Sweet Spot: Between Feasibility and First PourThe real re-rates in gold equities don’t happen when companies are drilling—they happen when they’re building. When juniors cross from exploration into development, institutional capital takes notice. That moment between feasibility study and first pour is where the market realizes it’s not just a science project anymore.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_10_01_22_AM_png_0386414eeb.webp" alt="Screenshot 2025-05-19 at 10.01.22 AM.png">We’ve uncovered a name that’s right there—fully permitted, with funding commitments in place, and construction underway.The Spectrum of OpportunityLarge Cap: Barrick Gold (TSX: ABX) Barrick offers stability, scale, and profitability. It's one of the few companies positioned to benefit directly from a return to a gold-backed regime. But as a mature, fully-valued producer, its upside is naturally capped. A great foundation, but not the big-torque play.Mid Cap: New Gold (TSX: NGD) Smaller than Barrick, NGD has decent leverage to rising gold prices. It’s already producing, so much of the development risk is behind it. That said, it’s also already re-rated. It’s fairly valued in this cycle unless gold soars well beyond $4,000.Small Cap Sweet Spot: Lake Victoria Gold (TSXV: LVG | OTCQB: LVGLF) This is where the asymmetric upside lives.Lake Victoria Gold is a fully permitted, construction-stage gold company based in Tanzania, with first gold expected this year. It’s backed by Barrick ( investor), financed by Tanzania’s richest mining magnate, and trades under $0.20. This is the type of setup that can re-rate several hundred percent.Flagship Project in Construction<ul><li>A&nbsp; JORC-compliant historical resource* with upside &nbsp;</li><li>Mining license granted &nbsp;</li><li>2021-updated feasibility study &nbsp;</li><li>Water tank completed, ball mill deposit paid &nbsp;</li><li>First pour expected ~12 months &nbsp;</li></ul>Strategic BackersThe project’s contract mining is led by one of the most influential names in Tanzanian mining—he’s worked with Barrick, AngloGold, and De Beers. He’s also a major shareholder.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_10_02_01_AM_png_d20d4a385b.webp" alt="Screenshot 2025-05-19 at 10.02.01 AM.png">Barrick Gold Is a ShareholderBarrick, the $32 billion mining behemoth, bought in at $0.27 and is drilling across the property line. Additionally, they’ve already bought land from LVG and now surround them completely.But Here’s The Real Story: Bordering One of Barrack’s Most Prized Assets&nbsp;Lake Victoria Gold’s second project directly borders Barrick’s 13.5Moz** Bulyanhulu gold mine. With over 50,000 meters of drilling already completed—including bonanza-grade intercepts up to 70 g/t—LVG strategically retained what it believes to be the most prospective ground, while Barrick acquired surrounding parcels.<img src="https://news.stocktwits-cdn.com/Screenshot_2025_05_19_at_10_02_41_AM_png_753e129740.webp" alt="Screenshot 2025-05-19 at 10.02.41 AM.png">Tanzania: Africa’s New Gold Epicenter<ul><li>60+ years of democracy &nbsp;</li><li>English common law &nbsp;</li><li>$4B+ invested by Barrick &nbsp;</li></ul>Other juniors like TRX Gold are already producing. LVG could be next.Funding Secured, No Toxic Dilution<ul><li>CAD $11.5M commitment from mining partner (first tranche closed) &nbsp;</li><li>7,000 oz bullion-backed loan term sheet &nbsp;</li><li>No warrants, no cheap paper &nbsp;</li><li>80% in insider/strategic hands &nbsp;</li></ul>End Game: Strategic Setup for a BuyoutThis isn’t just a near-term production story. It’s a potential discovery and M&amp;A play. Barrick is already on the cap table, has bought land, and produces next door.In 2021, LVG sold six non-core licenses to Barrick for $6M + up to $45M in discovery-based payments. But they kept the best ground.Osino’s $368M buyout in 2024—at much lower gold prices—set the precedent. Lake Victoria Gold could be next.Conclusion: The Clock Is TickingGold has broken out. Miners are next. And the best setups are still flying under the radar.Barrick for stability. New Gold for leverage. But Lake Victoria Gold&nbsp;(TSXV: LVG | OTCQB: LVGLF)&nbsp;for the kind of upside that defines bull markets.Do your due diligence—but don’t say you weren’t warned.*Historical Resource Estimate for Lake Victoria GoldThe Historical Resource Estimate is considered relevant for understanding the exploration potential of the Project, but a qualified person has not done sufficient work to classify it as a NI 43-101 Compliant current mineral resource. The Company is not treating the estimate as current and it should not be relied upon. Verification by a qualified person—including data validation, additional drilling, and completion of a new technical report—would be required to upgrade the estimate. There is no assurance that any portion of the historical estimate will be confirmed or be economically viable. Mineral resources are not mineral reserves and do not have demonstrated economic viability.&nbsp;The Project resource comprises 42,000oz Au measured mineral resources at 3.15g/t, 95,700oz Au indicated mineral resources at 1.95g/t and 153,900oz inferred mineral resources at 1.53g/t for a total 291,600oz Au (the “Historical Resource Estimate“)&nbsp;**Resource Estimate for Barrick Gold Bulyanhulu ProjectProven reserves of 0.62 million tonnes grading 7.03g/t representing 0.14 million ounces of gold and probable reserves of 16 million tonnes grading 6.96g/t representing 3.6 million ounces of gold. Measured resources of 2.8 million tonnes grading 7.93g/t representing 0.72 million ounces of gold and indicated resources of 28 million tonnes grading 7.16g/t representing 6.5 million ounces of gold. Inferred resources of 11 million tonnes grading 7.2g/t representing 2.5 million ounces of gold.<h1>Disclaimer</h1>Wealthy VC and its employees are not Registered Investment Advisors, Broker-Dealers or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. WealthyVC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled through their website, news releases, and corporate filings, or is available from public sources and WealthyVC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. Our website and newsletter are for entertainment purposes only. This website is NOT a source of unbiased information. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.Release of Liability: Through the use of this email and/or website advertisement, by viewing or using it, you agree to hold WealthyVC, its operators, owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. WealthyVC-sponsored advertisements do not purport to provide an analysis of any company’s financial position, operations or prospects and this is not to be construed as a recommendation by WealthyVC or an offer or solicitation to buy or sell any security.This report/release/profile is a commercial advertisement and is for general information purposes only. We are engaged in the business of marketing and advertising companies for monetary compensation. Lake Victoria Gold is an investor relations client of WealthyVC’s parent company 1000724287 Ontario Ltd.&nbsp;None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provided herein. Instead, WealthyVC strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. For US-listed companies, readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For Canadian-listed companies please refer to SEDAR.con for filings. For companies listed outside of North America, please consult with the local filing database to conduct your due diligence. WealthyVC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and emerging growth companies is highly speculative and carries an extremely high degree of risk. 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Forward-looking statements in this action may be identified through the use of words such as “projects”, “foresee”, “expects”, “will”, “anticipates”, “estimates”, “believes”, “understands”, or that by statements indicating certain actions “may”, “could”, or “might” occur. Understand there is no guarantee past performance will be indicative of future results. Past Performance is based on the security’s previous day closing price and the high of day price during our promotional coverage.&nbsp;In preparing this publication, WealthyVC has relied upon information supplied by various public sources and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this email and website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. 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Gold is the Money-Making Theme of 2025: Here’s How to Maximize Investment Gains

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("LVG" or the "Company") is pleased to announce that it has formally engaged Nesch Mintech Tanzania Limited to conduct an independent commissioning audit and technical due diligence of the gold processing plant owned by Nyati Resources (T) Limited ("Nyati"). This work supports LVG's evaluation of a proposed joint venture with Nyati, focused on regional gold processing and development in Tanzania.This announcement follows LVG's recent press releases dated <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/GmWaGcV2BQ">April 9, 2025</a>, outlining the successful conversion of the Tembo Project's Prospecting License into four 10-year Mining Licenses, and <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/QO1agSBWNz">May 1, 2025</a>, summarizing the key commercial terms of a proposed joint venture between Lake Victoria Gold, Nyati Resources, and MIPCCL. These milestones reflect the Company's continued progress toward unlocking near-term development potential while leveraging strategic partnerships and existing infrastructure.The proposed joint venture aims to integrate gold-bearing material from Primary Mining Licenses and LVG's Tembo Mining Licenses ("MLs") with Nyati's processing infrastructure. A privately operated 120 tpd carbon-in-pulp plant has recently been commissioned on a Processing License located within one of Tembo's MLs, with a second, larger unit under construction. Once complete, combined capacity is expected to reach 620 tpd. The JV would consolidate these assets under a new special purpose vehicle jointly owned by LVG, Nyati, and the Government of Tanzania (16% free-carried), creating a centralized, scalable hub for near-surface gold processing in the region.Commissioning of the new processing unit is scheduled to take place in June 2025, and Nesch Mintech's audit will coincide with this milestone to provide an independent assessment of the plant's readiness and performance.The scope of work to be undertaken by Nesch Mintech includes:<ul style="list-style-type:disc;"><li>Verification of nameplate production capacity and gold recovery efficiency</li><li>Review of equipment performance and process stability</li><li>Assessment of metallurgical accounting systems and sampling protocols</li><li>Identification of bottlenecks and opportunities for optimization</li><li>Delivery of a detailed audit report with findings and actionable recommendations</li></ul>This technical evaluation is intended to support LVG's assessment of the operational readiness and long-term viability of the plant. The engagement includes both on-site inspection and off-site data analysis, culminating in a final report that will inform LVG's ongoing joint venture discussions."Engaging Nesch Mintech at this stage ensures we bring third-party rigour and transparency to the commissioning process, which is fundamental to assessing the Nyati opportunity," said Marc Cernovitch, President &amp; CEO of Lake Victoria Gold.About Nesch Mintech Tanzania Limited Founded in 2014 and headquartered in Mwanza, Tanzania, Nesch Mintech Tanzania Limited is a privately-owned company specializing in mineral testing, metallurgical analysis, and process engineering. The company was established to address challenges in the mining sector related to the credibility and integrity of mineral test results, which are critical for investment decision-making.Nesch Mintech is accredited by the Southern African Development Community Accreditation Services (SADCAS) under ISO/IEC 17025:2005 for minerals testing, demonstrating technical proficiency and the ability to produce precise and accurate test and analysis of minerals.The company's services include:<ul style="list-style-type:disc;"><li>Process Innovation</li><li>Metallurgical Pilot Plants</li><li>Process Engineering</li><li>Metallurgical Test Works</li><li>Analytical Services</li><li>On-Site Metallurgy Services</li></ul>Nesch Mintech has expanded its services beyond Tanzania to Uganda, Burundi, the DRC, and Kenya, following its ISO/IEC 17025 accreditation in 2017.Simon Benstead, Executive Director of Lake Victoria Gold, added: "This audit is an important milestone as we advance this most compelling near-term gold development opportunity. By combining strategic processing infrastructure with high-potential development targets, the proposed joint venture has the potential to unlock meaningful value for all stakeholders. We look forward to working closely with Nesch Mintech to validate the plant's performance and move confidently toward execution."The audit will commence in parallel with plant commissioning activities and is expected to be completed in early Q3 2025.Cautionary statement regarding preliminary development concepts: The Company cautions that the assessment of potential development opportunities at the Tembo project is at a preliminary stage and is not based on a mineral resource estimate or any economic analysis such as a feasibility study. As such, there are significant technical and economic uncertainties that remain unresolved, including, but not limited to, metallurgical recoveries, grade continuity, mineability, permitting, processing capacity, capital and operating costs, and the availability of financing. Any reference to potential development scenarios is conceptual in nature and should not be construed as an indication that an economic or technical case has been established for mining at the Tembo project.The scientific and technical content of this news release has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a Director and Officer of the Company.About Lake Victoria Gold (LVG): Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick's Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. With historical resource estimates and a 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity.LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/m3YVOUmrZb">Barrick Gold</a> and recent strategic partnership with <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/kOgDES8oWz">Taifa Group</a>.Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil &amp; Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also carry out all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania's largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.On Behalf of the Board of Directors of the Company,Simon Benstead Executive Chairman &amp; CFO Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@tembogold.com">sbenstead@lakevictoriagold.com</a>For more information please contact:Simon Benstead Executive Chairman &amp; CFO Phone:+ 1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@lakevictoriagold.com">sbenstead@lakevictoriagold.com</a>Marc Cernovitch CEO &amp; Director Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:mcernovitch@lakevictoriagold.com">mcernovitch@lakevictoriagold.com</a>NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.Cautionary Statement Regarding Forward-Looking Information This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation, including: future exploration and development plans with respect to the Imwelo Project, contract work on the Imwelo Project by Taifa Mining, securing additional financing for the development costs of the Imwelo project, the closing of the acquisition of the Imwelo Project and the concurrent financing, including the satisfaction of the closing conditions thereunder, and receipt of all regulatory approvals, including the approval of the TSX Venture Exchange for the acquisition and financing. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond LVG's control, including risks associated with or related to: the completion of the acquisition of the Imwelo project, the concurrent financing and related transactions, including receipt of all regulatory approvals and third-party consents, the volatility of metal prices and LVG's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving development or production, cost or other estimates; actual exploration or development plans and costs differing materially from the Company's estimates; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; fluctuations in exchange rates; the availability of financing; financing and debt activities; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Tanzania and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally, including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for LVG's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law; compliance with anti-corruption laws, and sanctions or other similar measures; social media and LVG's reputation; and other risks disclosed in the Company's public filings.LVG's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. LVG does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities LVG will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.SOURCE: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsfilecorp.com/company/2214/Lake-Victoria-Gold-Ltd.">Lake Victoria Gold Ltd.</a>

Lake Victoria Gold Engages Nesch Mintech for Commissioning Audit of Nyati Gold Processing Plant

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("Lake VictoriaGold" or the "Company") is pleased to announce that its wholly-owned subsidiary, Mineral Industry Promotion and Consulting Company Limited ("MIP"), has entered into a non-binding Letter of Intent ("LOI"), dated May 1, 2025, with Nyati Resources (T) Limited ("Nyati") to evaluate a potential small-scale gold development opportunity at the Company's Tembo Project in northern Tanzania.The proposed initiative builds on Lake Victoria Gold's strategy to generate early operational insights and near-term value from within its 100%-owned Tembo Mining Licences, which have seen over USD $28 million in historical exploration. The LOI outlines a framework for MIP and Nyati to negotiate the terms of a new gold-focused joint venture, leveraging Nyati's processing infrastructure alongside potential mineralized material from the Tembo Project and nearby Primary Mining Licences ("PMLs"). A new special purpose vehicle ("SPV") is contemplated as the operating entity, structured to accommodate the Government of Tanzania's 16% free carried interest under current mining regulations. The SPV has not yet been formed and its creation remains subject to further due diligence and the execution of definitive agreements.Highlights of the Proposed Joint Venture:<ul style="list-style-type:disc;"><li>Assets and Infrastructure: Nyati would contribute an existing 120 tonnes per day (tpd) gold processing plant, a 500tpd processing plant currently under construction, and associated infrastructure, including tailings facilities and surface rights.</li><li>Capital Commitment: Nyati is in the process of raising up to USD $5 million in working capital financing to fund resource development activities and initial operational ramp-up.</li><li>Mineralized Material Supply: MIP would supply mineralized material from its Mining Licences ("MLs") and work collaboratively with Nyati to consolidate additional PMLs as appropriate.</li><li>Operations and Management: MIP would be responsible for day-to-day operations, appointment of technical personnel, optimization of plant throughput and recovery rates, and the engagement of qualified operating and mining contractors.</li><li>Profit Sharing: A preliminary net profit-sharing arrangement (after 16% government caried interest) proposing an 85% allocation to MIP and 15% to Nyati is under consideration, subject to completion of due diligence and negotiation of final terms.</li><li>Due Diligence: Nyati will provide MIP with access to all relevant plant documentation, production data, and regulatory approvals to facilitate a complete due diligence review.</li></ul>The parties have agreed to a 60-day exclusivity period to finalize definitive agreements.Marc Cernovitch, President and CEO of Lake Victoria Gold, commented: "We are excited by the potential to leverage existing processing infrastructure and local ore sources to create a scalable gold production platform in Tanzania. This proposed partnership aligns with our strategy of unlocking near-term value while continuing to advance our core exploration assets."This announcement follows the Company's <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/m3Y0JImbER">April 24, 2025</a> press release, which disclosed MIP's evaluation of near-term gold development opportunities using existing regional processing infrastructure from both MLs and PMLs. The proposed joint venture with Nyati represents a potential vehicle to implement that strategy, subject to further due diligence, engineering studies, and the successful negotiation of definitive agreements.Cautionary Statement Regarding Preliminary Development ConceptsThe Company cautions that the assessment of potential development opportunities at the Tembo Project is at a preliminary stage and is not based on a mineral resource estimate or any economic analysis such as a Feasibility Study. As such, there are significant technical and economic uncertainties that remain unresolved, including but not limited to metallurgical recoveries, grade continuity, mineability, permitting, processing capacity, capital and operating costs, and the availability of financing. Any reference to potential development scenarios is conceptual in nature and should not be construed as an indication that an economic or technical case has been established for mining at the Tembo Project.Investor Relations Engagement:Effective May 1, 2025, the Company has engaged 1000724287 Ontario Ltd., an Ontario corporation, to serve as its Investor Relations Advisor (the "IRA") for an initial term of three months. Under the terms of the agreement, the IRA will receive total compensation of CAD$50,000 for the initial term. The Company will also pay approved expenses related to this engagement. Any expenses in excess of CAD$750 must be preapproved.The investor relations campaign will encompass a diverse and strategic mix of marketing initiatives including, owned media, social media and short-form video content, paid advertising strategies, partner/ subcontractor syndication, and targeted outreach across stock-specific platforms.The engagement will be led by Mr. Tyler Troup, Managing Director of the IRA. Mr. Troup brings over 16 years of investor relations experience and has successfully supported several hundred venture-stage public companies across eight stock exchanges in seven countries, helping them broaden their shareholder base and attract growth capital.The scientific and technical content of this news release has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a Director and Officer of the Company.About Lake Victoria Gold (LVG):Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick's Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. With historical resource estimates and a 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity.LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/kOg0jT8ywm">Barrick Gold</a> and recent strategic partnership with <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/BpgmEsrLW0">Taifa Group</a>.Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil &amp; Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also carry out all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania's largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.On Behalf of the Board of Directors of the Company,Simon Benstead Executive Chairman &amp; CFO Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@tembogold.com">sbenstead@lakevictoriagold.com</a>For more information please contact: Simon Benstead Executive Chairman &amp; CFO Phone:+ 1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@lakevictoriagold.com">sbenstead@lakevictoriagold.com</a>Marc Cernovitch CEO &amp; Director Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:mcernovitch@lakevictoriagold.com">mcernovitch@lakevictoriagold.com</a>NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.Cautionary Statement Regarding Forward-Looking InformationThis news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation, including: future exploration and development plans with respect to the Imwelo Project, contract work on the Imwelo Project by Taifa Mining, securing additional financing for the development costs of the Imwelo project, the closing of the acquisition of the Imwelo Project and the concurrent financing, including the satisfaction of the closing conditions thereunder, and receipt of all regulatory approvals, including the approval of the TSX Venture Exchange for the acquisition and financing. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond LVG's control, including risks associated with or related to: the completion of the acquisition of the Imwelo project, the concurrent financing and related transactions, including receipt of all regulatory approvals and third-party consents, the volatility of metal prices and LVG's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving development or production, cost or other estimates; actual exploration or development plans and costs differing materially from the Company's estimates; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; fluctuations in exchange rates; the availability of financing; financing and debt activities; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Tanzania and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally, including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for LVG's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law; compliance with anti-corruption laws, and sanctions or other similar measures; social media and LVG's reputation; and other risks disclosed in the Company's public filings.LVG's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. LVG does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities LVG will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.SOURCE: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsfilecorp.com/company/2214/Lake-Victoria-Gold-Ltd.">Lake Victoria Gold Ltd.</a>

Lake Victoria Gold Ltd. Announces Signing of Letter of Intent for Proposed Small Scale Development at Tembo Project

Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) ("Lake VictoriaGold" or the "Company") is pleased to report that at the Annual and Special Meeting of Shareholders of the Company (the "Meeting") held on May 7, 2025, the shareholders elected Marc Cernovitch, Simon Benstead, David Scott, Frank Högel, Seth Dickinson, Dean Comand and Richard Reynolds as directors of the Company.Shareholders also passed ordinary resolutions to appoint D&amp;H Group LLP, Chartered Professional Accountants, as auditor of the Company, and approve a new 10% rolling omnibus equity incentive plan (the "Equity Incentive Plan"). The Equity Incentive Plan, which is subject to final acceptance by the TSX Venture Exchange, allows for the issuance of incentive stock options, deferred share units, performance share units, restricted share units, stock appreciation rights and stock purchase rights (collectively the "Awards"). The maximum number of shares reserved for issuance on exercise of all the Awards granted under the Equity Incentive Plan shall not exceed 10% of the issued and outstanding common shares as at the date of grant of any Award.Following the Meeting, the directors appointed Marc Cernovitch as Chief Executive Officer of the Company, Simon Benstead as Executive Chairman and Chief Financial Officer, David Scott as Managing Director Tanzania, Seth Dickinson as Chief Operating Officer and Nick DeMare as Corporate Secretary.About Lake Victoria Gold (LVG): Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick's Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. With historical resource estimates and a 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity.LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/55vO2ieZpj">Barrick Gold</a> and recent strategic partnership with <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/LGxvAIwPVX">Taifa Group</a>.Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil &amp; Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also carry out all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania's largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.On Behalf of the Board of Directors of the Company,Simon Benstead Executive Chairman &amp; CFO Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@tembogold.com">sbenstead@lakevictoriagold.com</a>For more information, please contact:Simon Benstead Executive Chairman &amp; CFO Phone:+ 1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@lakevictoriagold.com">sbenstead@lakevictoriagold.com</a>Marc Cernovitch CEO &amp; Director Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:mcernovitch@lakevictoriagold.com">mcernovitch@lakevictoriagold.com</a>NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.SOURCE: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsfilecorp.com/company/2214/Lake-Victoria-Gold-Ltd.">Lake Victoria Gold Ltd.</a>

Lake Victoria Gold Announces Results of the Annual and Special Meeting of Shareholders

Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to provide an update on its wholly owned Tembo Project in northern Tanzania, where the Company is evaluating a small-scale mining and processing opportunity aimed at generating early cash flow to support its broader exploration strategy. The initiative involves assessing the potential to extract and process near-surface material using existing local infrastructure. The Company cautions that this initiative is at a preliminary stage and is not based on a feasibility study of mineral reserves demonstrating economic and technical viability. As such, there is increased uncertainty and a higher risk of economic or technical failure associated with this process.Project Overview and Opportunity:<ul style="list-style-type:disc;"><li>The Tembo Project hosts multiple high-potential targets, with significant near-surface gold intersections already confirmed at Ngula 1, Nyakagwe East, and Nyakagwe Village.</li><li>Extensive artisanal mining historically occurred across the property, including shallow open-pit and underground workings, as well as surface eluvial gold extraction. The Company cautions that such historical work is not NI 43-101 compliant and has not been verified by a Qualified Person.</li><li>A privately operated Carbon-in-Pulp (CIP) plant has recently been commissioned in the area, with a second unit under construction. Once operational, combined capacity is expected to reach up to 620 tonnes per day (~30 tph). This facility is situated on a Processing Licence (PCL) located within one of Tembo's MLs.</li><li>LVG, through its local subsidiary, MIPCCL, holds a Joint Venture interest in 20 Primary Mining Licences (PMLs) adjacent to its MLs, offering multiple potential ore sources.</li><li>The owner of the PCL has expressed an interest in forming a joint venture with MIPCCL to mine and process material from both the MLs and PMLs. A non-binding Letter of Intent is currently being prepared to guide ongoing discussions.</li></ul>Management Commentary"This potential partnership could represent a unique opportunity to establish early, low-capital-cost production from Tembo while continuing to unlock the district's exploration upside," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "We remain committed to advancing Tembo through both strategic exploration and disciplined project development."Simon Benstead, Executive Chairman and CFO, commented: "Tembo has always stood out as a project with the potential to deliver both near-term value and long-term discovery upside. Evaluating this small-scale production opportunity allows us to test the system, generate operational insights, and potentially self-fund ongoing exploration. We believe this approach aligns well with our disciplined strategy and our commitment to responsible, phased development in Tanzania."Cautionary Statement Regarding Preliminary Development ConceptsThe Company cautions that the assessment of potential development opportunities at the Tembo Project is at a preliminary stage and is not based on a mineral resource estimate or any economic analysis such as a Feasibility Study. As such, there are significant technical and economic uncertainties that remain unresolved, including but not limited to metallurgical recoveries, grade continuity, mineability, permitting, processing capacity, capital and operating costs, and the availability of financing. Any reference to potential development scenarios is conceptual in nature and should not be construed as an indication that an economic or technical case has been established for mining at the Tembo Project.The scientific and technical content of this news release has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a Director and Officer of the Company.About Lake Victoria Gold (LVG):Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick's Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. With historical resource estimates and a 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity.LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/NBxxxUxmWM">Barrick Gold</a> and recent strategic partnership with <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/X3XXXuaNpx">Taifa Group</a>.Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil &amp; Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also carry out all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania's largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.On Behalf of the Board of Directors of the Company,Simon Benstead Executive Chairman &amp; CFO Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@tembogold.com">sbenstead@lakevictoriagold.com</a>For more information please contact:Simon Benstead Executive Chairman &amp; CFO Phone:+ 1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@lakevictoriagold.com">sbenstead@lakevictoriagold.com</a>Marc Cernovitch CEO &amp; Director Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:mcernovitch@lakevictoriagold.com">mcernovitch@lakevictoriagold.com</a>NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.Cautionary Statement Regarding Forward-Looking InformationThis news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation, including: future exploration and development plans with respect to the Imwelo Project, contract work on the Imwelo Project by Taifa Mining, securing additional financing for the development costs of the Imwelo project, the closing of the acquisition of the Imwelo Project and the concurrent financing, including the satisfaction of the closing conditions thereunder, and receipt of all regulatory approvals, including the approval of the TSX Venture Exchange for the acquisition and financing. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond LVG's control, including risks associated with or related to: the completion of the acquisition of the Imwelo project, the concurrent financing and related transactions, including receipt of all regulatory approvals and third-party consents, the volatility of metal prices and LVG's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving development or production, cost or other estimates; actual exploration or development plans and costs differing materially from the Company's estimates; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; fluctuations in exchange rates; the availability of financing; financing and debt activities; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Tanzania and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally, including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for LVG's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law; compliance with anti-corruption laws, and sanctions or other similar measures; social media and LVG's reputation; and other risks disclosed in the Company's public filings.LVG's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. LVG does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities LVG will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.<img src="https://api.newsfilecorp.com/newsinfo/249608/157/" alt="info" width="1" height="1">SOURCE: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsfilecorp.com/company/2214/Lake-Victoria-Gold-Ltd.">Lake Victoria Gold Ltd.</a>

Lake Victoria Gold Evaluates Small-Scale Development Concept at Tembo Project

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2025) - Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to announce an important milestone in the advancement of its Tembo Project, located in the Lake Victoria Goldfield of northern Tanzania, following the successful conversion of its Prospecting License into four Mining Licenses (MLs)This milestone marks a significant advancement in LVG's strategy to unlock the potential of Tembo, which has already benefited from over USD $28 million in exploration expenditures, including 50,000 meters of diamond and RC drilling. The conversion from a Prospecting License to four Mining Licenses grants LVG the legal right to develop and produce from the Tembo Project. Key provisions include that each Mining License (ML) is valid for 10 years, with the option of a further 10-year renewal."The approval of our Mining Licenses is a pivotal step forward for the Tembo Project," said Marc Cernovitch, President &amp; CEO. "We have always believed in the district-scale potential of this asset. With tenure now secured for the next 10 years, we can focus on evaluating the most efficient development options to unlock maximum shareholder value. This is a transformational moment for the Company and its stakeholders."Exploration and Development ProgressTo date, over $28 million has been invested in exploration at Tembo, with a primary focus on three high-priority targets:<ul style="list-style-type:disc;"><li>Ngula 1: A 250m-wide zone with multiple subparallel mineralized shear structures, extending at least 600m in strike length, open at depth and along strike. Drill intercepts include;<ul style="list-style-type:circle;"><li>3.13 g/t Au over 25.89m</li><li>8.50 g/t Au over 5.14m</li><li>22.18 g/t Au over 15.00m, and</li><li>8.17 g/t Au over 11.05m.</li></ul></li><li>Nyakagwe Village: Featuring multiple south-dipping mineralized structures over a 600m strike length, with drill results such as:<ul style="list-style-type:circle;"><li>78.1 g/t Au over 1.00m</li><li>24.72 g/t Au over 1.45m</li><li>16.57 g/t Au over 3.55m</li><li>27.88 g/t Au over 3.88m</li><li>and 12.96 g/t Au over 5.54m.</li></ul></li><li>Nyakagwe East: A 300m-wide zone with quartz veining and sulphide mineralization, returning grades including:<ul style="list-style-type:circle;"><li>6.5 g/t Au over 7.46m</li><li>19.1 g/t Au over 3.00m</li><li>10.25 g/t Au over 3.50m</li><li>9 .73 g/t Au over 3.40m and</li><li>8.44 g/t Au over 1.30m.</li></ul></li></ul>The results of historical and recent drilling campaigns confirm the open-pit and underground potential and the presence of high-grade gold mineralization, with structural modeling continuing to enhance resource targeting.With the Mining Licenses secured, LVG is actively evaluating multiple development pathways, including:<ol style="list-style-type:decimal;"><li>Near-Term Production Opportunities<ul style="list-style-type:circle;"><li>Several areas within the four MLs contain shallow high-grade mineralization suitable for potential development.</li><li>Nearby third-party processing facilities offer the opportunity to fast-track production.</li><li>A review is underway to determine the most efficient development plan, including the potential for a further standalone processing facility in the medium term.</li></ul></li><li>Exploration Upside and Resource Growth<ul style="list-style-type:circle;"><li>A new RC drilling program is being planned to convert historical high-grade intersections into resources.</li><li>The GoldSpot study (<a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/QO8rjCYmoQ">see Press Release</a>) identified 38 priority exploration targets, highlighting the district-scale potential of Tembo.</li><li>Future fieldwork, including pitting, trenching, and shallow RAB drilling, will continue to test the anomalies and targets with the potential to host additional gold mineralization.</li></ul></li><li>Strategic Partnerships and Transactional Upside</li></ol>Given the Tembo Project's close proximity to Barrick Gold's Bulyanhulu Mine, LVG continues to evaluate strategic and corporate transactions that could unlock shareholder value and accelerate development. Discussions, including potential joint ventures or funding partnerships, are ongoing and could provide the capital and expertise needed to advance the project more rapidly.A strong foundation for such partnerships was laid in December 2021 (<a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/m3po5fX3q2">See Press Release</a>), when LVG (formerly Tembo Gold Corp.) completed a strategic transaction with Bulyanhulu Gold Mine Limited ("Buly"), a joint venture between Barrick Gold Corporation and the Government of Tanzania. LVG sold six non-core prospecting licenses adjacent to the Bulyanhulu Mine for USD $6 million in cash, plus up to USD $45 million in contingent payments tied to future discoveries of up to 5 million ounces of gold. The terms include $20/oz on the first million ounces discovered, $10/oz on the second million, and $5/oz on subsequent ounces.This transaction not only provided non-dilutive capital to advance the Tembo Project, but also preserved significant upside exposure to exploration success on the divested ground. It further demonstrated the strategic importance of LVG's land position and the strong interest from major operators in the region.Simon Benstead, Executive Chairman of Lake Victoria Gold, commented: "We believe Tembo represents a rare opportunity to define a new gold camp in one of Tanzania's most historically productive districts. With multiple exploration and development levers available to us, and a supportive regulatory environment, we're committed to responsibly unlocking the full value of this high-potential asset."The above information has been prepared under the supervision of David Scott, Pr. Sci. Nat., who is designated as a "Qualified Person" with the ability and authority to verify the authenticity and validity of the data.About Lake Victoria Gold (LVG):Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick's 20Moz Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. With historical resource estimates and a 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity.LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/kOwz5CDpkw">Barrick Gold</a> and recent strategic partnership with <a target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/BpPN2IYNen">Taifa Group</a>.Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil &amp; Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also carry out all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania's largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.On Behalf of the Board of Directors of the Company,Simon Benstead Executive Chairman &amp; CFO Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@tembogold.com">sbenstead@lakevictoriagold.com</a>For more information please contact:Simon Benstead Executive Chairman &amp; CFO Phone:+ 1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:sbenstead@lakevictoriagold.com">sbenstead@lakevictoriagold.com</a>Marc Cernovitch CEO &amp; Director Phone: +1 604-685-9316 Email: <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:mcernovitch@lakevictoriagold.com">mcernovitch@lakevictoriagold.com</a>NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.Cautionary Statement Regarding Forward-Looking InformationThis news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation, including: future exploration and development plans with respect to the Imwelo Project, contract work on the Imwelo Project by Taifa Mining, securing additional financing for the development costs of the Imwelo project, the closing of the acquisition of the Imwelo Project and the concurrent financing, including the satisfaction of the closing conditions thereunder, and receipt of all regulatory approvals, including the approval of the TSX Venture Exchange for the acquisition and financing. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond LVG's control, including risks associated with or related to: the completion of the acquisition of the Imwelo project, the concurrent financing and related transactions, including receipt of all regulatory approvals and third-party consents, the volatility of metal prices and LVG's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving development or production, cost or other estimates; actual exploration or development plans and costs differing materially from the Company's estimates; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; fluctuations in exchange rates; the availability of financing; financing and debt activities; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Tanzania and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally, including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for LVG's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law; compliance with anti-corruption laws, and sanctions or other similar measures; social media and LVG's reputation; and other risks disclosed in the Company's public filings.LVG's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. LVG does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities LVG will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statement.<img src="https://api.newsfilecorp.com/newsinfo/247864/157/" alt="info" width="1" height="1">SOURCE: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsfilecorp.com/company/2214/Lake-Victoria-Gold-Ltd.">Lake Victoria Gold Ltd.</a>

Lake Victoria Gold Provides Update on Tembo Project Following Mining License Conversion

Lake Victoria Gold Ltd. engages in the acquisition, exploration and development of gold properties. Its project focuses on the Tembo Property such as Ngula 1, Nyakagwe East, and Nyakagwe Village. The company was founded on March 3, 1937 and is headquartered in Vancouver, Canada.

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