NewOrigin Gold Corp. has entered into a property sale agreement dated May 16, 2023 with O3 Mining Inc., whereby the Company has agreed to sell a 100% interest in its Kinebik property located in Québec to O3. Pursuant to the Agreement, Elijah Tyshynski and Alex Rodriquez Tovalino have agreed to resign from the board of directors of NewOrigin effective as of the closing date of the Transaction.

Mr. Tyshynski and Mr. Rodriguez serve as Chief Financial Officer and Vice President of Corporate Development of O3, respectively.