Change of Auditor

Veteran Mining Engineer Brings Technical Expertise and Deep Experience in Québec

Toronto, Ontario--(Newsfile Corp. - December 10, 2025) - Exploits Discovery Corp. (OTCQB: NFLDF) (FSE: 634) today announced the appointment of Mr. Guy Bédard to its Board of Directors, effective December 10, 2025, as the Company advances its refocused growth strategy in Québec and Ontario.

"Guy brings exactly the kind of project development experience and Québec insight we want at the board table," said Doug Cater, Chair of the Board. "As we pivot our efforts toward advancing our Québec gold projects, including drilling at Fenton, his experience prioritizing and advancing projects with disciplined capital allocation will be a significant asset for Exploits and its shareholders."

Mr. Bédard is a Québec-based mining engineer with more than 30 years of underground and open-pit experience spanning operations, projects, and senior leadership roles across the Americas. Most recently he was the Mine General Manager at First Majestic Silver Corp. and previously served as Underground Mines Director at Calibre Mining and General Manager with Lundin Gold Inc. at the Fruta del Norte mine in Ecuador, following a period as Principal of GB Consulting.

Mr. Bédard holds a B.Eng. (Mining) from Université Laval and has completed senior leadership studies at the Rotman School of Management (University of Toronto). He brings deep expertise in technical execution, HSE stewardship, and team leadership, with particular strength in Québec and Latin America.

Stock Option Grant

The Company also announces that it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 3,425,000 common shares, exercisable on or before December 10, 2028, at a price of $0.065 per share. The options are fully vested and exercisable as of the date of grant.

About Exploits Discovery Corp.

Exploits Discovery is a Canadian gold exploration company focused on growing ounces in top-tier mining jurisdictions in Québec and Ontario, anchored by approximately 680,000 ounces of historical gold resources across its Fenton, Wilson, Benoist and Hawkins projects. The Company also holds a strategic equity position and royalty exposure to New Found Gold Corp. in Newfoundland following the sale of its Newfoundland claims in 2025. Exploits' strategy is to unlock district-scale potential across its balanced Québec-Ontario portfolio through systematic, data-driven exploration and strategic partnerships, creating shareholder value through discovery and resource growth.

On Behalf of the Board

/s/ "Jeff Swinoga"

President and CEO

+1 (778) 819-2708

investors@exploits.gold

https://exploitsdiscovery.com

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277514

Recent weakness in TTF gas prices--and a widening spread between TTF and Asia's JKM benchmark--could slow LNG flows into Europe as suppliers find it more profitable to redirect cargoes to Asia, analysts say. Europe's gas market has come under renewed pressure amid heavy speculative selling, with benchmark Dutch TTF prices currently trading below 27 euros a megawatt hour and down 45% so far this year. This is despite EU gas storage levels falling below 72%, down from a five-year average of 82% for this time of year. "Europe has navigated the demands of the heating season due to ample supplies of LNG and piped gas from Norway," ANZ analysts say. "However, the recent fall in European prices has seen LNG producers reduce the number of cargoes heading to the region." (giulia.petroni@wsj.com)

By Adriano Marchese

Capital Power plans to boost U.S. capacity by half by 2030, deliver double‑digit shareholder returns and expand its natural gas portfolio through a $3 billion partnership with Apollo Global Management.

The Canadian power generation company on Wednesday laid out its targets through the end of the decade, which include a 50% cumulative increase in U.S. capacity, the equivalent of 3.5 gigawatts of energy.

For shareholders, the company is aiming for 13% to 15% annual total shareholder returns, with adjusted funds from operations in the range of 8% to 10% a year.

Dividend growth is expected to be between 2% and 4% annually.

Additionally, Capital Power has signed a preliminary agreement with Apollo Global Management to form a $3-billion partnership to buy a natural gas power plants in the U.S.

Apollo will provide as much as $2.25 billion, while Capital Power will contribute up to $750 million. Capital Power said it will choose to own between 25% and 50% of the assets, and will run the plants, earning management and performance fees.

Chief Executive Avik Dey said the company has an opportunity to grow the business thanks to the structural growth in power demand driven by the artificial intelligence infrastructure trend and the growing need for energy.

Capital Power has also signed an agreement with a major data centre developer in Alberta to supply electricity for more than 10 years, and said it expects to begin in 2028.

More immediately in 2026, the company said it expects adjusted earnings before interest, taxes, depreciation and amortization of between 1.57 billion Canadian dollars ($1.13 billion) and C$1.77 billion, as well as adjusted funds from operations in the range of C$890 million to C$1.01 billion. Sustaining capital is projected to be between C$290 million and C$330 million.

Dividend growth for the year is pegged at 2%.

Write to Adriano Marchese at adriano.marchese@wsj.com

By Yuhei Matsumoto / Yomiuri Shimbun Staff Writer

Kansai Electric Power Co. plans to build up its power supply to meet future demand, President Nozomu Mori said during an interview with The Yomiuri Shimbun.

Mori discussed the aim of surveys for new reactor construction at the Mihama nuclear power plant in Mihama, Fukui Prefecture, and the direction of the company's next mid-term management plan to be announced next spring. The following is excerpted from the interview.

The Yomiuri Shimbun: Surveys for installing a new reactor at the Mihama plant began last month.

Nozomu Mori: We must prepare for the future. Surveys at the plant had been on pause. But considering how much time is needed before we can start operations, we believe the time has come to restart them.

Yomiuri: Electricity demand has been growing due to a rise in semiconductor factories and data centers.

Mori: There has been a significant shift from expecting flat or slightly declining demand to predicting growth instead. It is extremely important to prepare for increased demand. We will build up supply capacity, including with options other than nuclear power.

Yomiuri: Building a nuclear reactor requires about 1 trillion yen. How will you secure funds?

Mori: First of all, it's not just that we'll need 1 trillion yen to install a new reactor at the Mihama plant. Rather, we need to make substantial, long-term investments, including new investments to replace thermal power generation facilities and in our transmission and distribution business to prepare for increased demand.

With the capital increase announced last year, we have a slightly stronger equity base. We will leverage this equity to prepare for large-scale investments. At this point, we are not considering another capital increase.

Yomiuri: What message will you convey in your mid-term management plan to be announced next spring?

Mori: For us, there are no projects that will conclude in a few years. Some take ten years or more to realize. We must envision what we will look like in the future and outline the path to get there over three or five years. While electricity is our core business, we will also grow our real estate and information and communications businesses from this perspective. We will share the fruits of our growth with our stakeholders.

Various investments will be needed in real estate and information and communications as well. Our basic principle is a cycle of reinvesting profits generated from investments. We will grow through cycles of expansion and contraction, such as periods of building up capital or making large investments. We will set numerical targets to ensure we can think hard about how to allocate capital for significant growth.

Yomiuri: In renewable energy, there are headwinds, as seen in criticism of solar power projects and the withdrawal of operators from offshore wind power projects. How will you boost renewables?

Mori: While some specific projects have faced headwinds, the overarching direction of using renewable energy in this resource-scarce country remains unchanged. Currently, there are concerns about the viability of offshore wind power. But changing approaches or systems could reignite momentum. It has long been said that geothermal power has high potential. It is possible that hydropower will see renewed development. In selecting viable options, we will prioritize challenging projects with high potential and avoid focusing solely on a single approach.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

YDN-M0000164861-1

Cocoa increased to 5847.00 USD/T, the highest since November 2025.

Over the past 4 weeks, Cocoa lost 0.23%, and in the last 12 months, it decreased 43.3%.

Palm oil fell, with the Bursa Malaysia Derivatives contract for February delivery closing 45 ringgit lower at 4,061 ringgit a ton. Malaysia's end-November palm oil stocks rose 13% on month to 2.84 million tons, according to Malaysian Palm Oil Board data. Market sentiment has been weighed by the country's persistently high stock levels, said David Ng, a trader at Kuala Lumpur-based Iceberg X. Ng sees support for crude palm oil futures above 4,000 ringgit a ton and resistance at around 4,180 ringgit a ton. (amanda.lee@wsj.com)