24,800,000 Shares of Stock Cancellation Back to Company Treasury for Expanding Specialty Automotive Dealer with a Strategy to Scale to $200 Million in Annual Sales: Newport Gold Inc. $NWPG

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$NWPG has a 24 Month Strategic Plan Including Uplisting to a Major National Exchange

* Diversified Company Focused on High Growth Opportunities in the Automotive, Data and Digital Technology Sectors.

* Completed Merger with NFI Empire Group of Companies, a Profitable and Rapidly Scaling Automotive Business.

* NFI Empire Generates Over $10 Million Annual Revenue with a Strategy to Scale Beyond $200 Million via Digital Expansion in Varied Automotive Markets.

* The Global Specialty Automotive Sector is Valued Well Over $100 Billion and is Rapidly Expanding.

* Cancellation of up to 24,800,000 Shares of NWPG Common Stock to Strengthen Shareholder Value and Eliminate Dilution Overhang.

* 61,000 Sq. Ft. Automotive Campus Fueling 24-Month Expansion Strategy.

* Three Adjacent Facilities Across 20+ Acres Provide Space and Infrastructure to Scale Sales, Production, Digital Operations and Technical Development.

* Disrupting Legacy Sales Models with a Superior, Stage One Hybrid Approach.

* Plans to Accelerate Digital Revenue Growth, Utilize AI at "Buyer, Seller, Operator" levels, Expand Margins and Strengthen Operational Efficiency.

* Company Objectives Include Uplisting to a Major National Exchange.

* Proprietary Reality-Show Platform for High-Engagement Content with a Demand-Generation and Conversion Engine.

Newport Gold Inc. (Stock Symbol: NWPG) has evolved from its origins in mineral exploration into a diversified company focused on high growth opportunities in the automotive, data, and digital technology sectors. Leveraging its history of identifying and acquiring valuable assets, NWPG now seeks innovative businesses and technologies capable of delivering scalable growth and strong returns. With a mission to "mine" global opportunities in the digital landscape, NWPG aims to drive sustainable value through strategic acquisitions and investments.

NWPG hasannounced a completed a merger with NFI Empire Group of Companies ("NFI Empire"), a profitable and rapidly scaling automotive business. NFI Empire generates more than $10 million in annual revenue and operates with a clearly defined strategy to scale beyond $200 million through digital expansion across the specialty, classic, and exotic automotive markets.

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After evaluating numerous public entities, NFI Empire ultimately selected NWPG based on its long corporate history and exceptionally clean capital structure; a rarity in the microcap public markets. Likewise, NWPG was impressed by NFI Empire's seasoned team of experts and strategic plans for the future. This new structure will provide a strong foundation for institutionalgrade growth, capital formation, and longterm shareholder value.

Cancellation of Common Stock to Strengthen Shareholder Value and Eliminate Dilution Overhang

On June 4th NWPG announced that it is in final processing of the cancellation of a significant block of Common Stock to be returned to treasury.

NWPG has finalized a previous agreement with the stockholder who is now undertaking the necessary steps for the final cancellation process of up to 24,800,000 shares of NWPG Common Stock of the Company back to treasury. This action underscores management's commitment to the long-term interests of NWPG public shareholders and reflects their confidence in the Company's strategic direction.

Highlights and Benefits of Share Cancellation

Reduced Float: The permanent retirement of up to 24,800,000 NWPG shares directly reduces the total number of shares issued and outstanding, increasing each remaining shareholder's proportional ownership in the Company.

Enhanced Per-Share Metrics: With fewer shares in circulation, key per-share measures, including net asset value per share and any future earnings per share, are positively impacted, reflecting the full value of NWPG assets across a smaller share base.

Founder Alignment with Shareholders: The voluntary surrender and cancellation of these shares by insiders, without compensation, demonstrates a clear alignment of interest between the founding team and the NWPG public investor base.

Elimination of Dilution Overhang: The permanent removal of this share block eliminates potential dilution risk associated with insider holdings, providing greater transparency and confidence to current and prospective investors evaluating the NWPG capital structure.

Signal of Long-Term Confidence: In the OTC, voluntary insider share cancellations are a rare and meaningful gesture. This action reflects the founders' belief that the NWPG underlying asset value and potential are best realized by concentrating ownership among committed long-term stakeholders.

61,000 Sq. Ft. Automotive Campus Fueling 24-Month Expansion Strategy

On June 2nd NWPG announcedit completed a three-facility campus expansion that brings its total industrial footprint to more than 61,000 square feet across 20+ acres of commercial property in North East, Pennsylvania. The unified NFI Empire Campus positions NWPG to execute a focused 24-month brick-and-mortar growth strategy while scaling its digital and technical operations in parallel.

The NWPG NFI Empire Campus now comprises three adjacent, purpose-built automotive facilities:

The Clubhouse - 5,000 sq. ft. on 2 acres - serves as the NWPG original North East anchor, where NFI established its foundation in sales and high-performance custom builds after relocating from its founding location in downtown Erie, PA.

Custom Build & Services Facility - 25,000 sq. ft. on 15 acres - functions as the NWPG NFI operational nerve center, housing its full-service custom builds and vehicle restoration teams.

Sales & Technical Development Facility - 31,000 sq. ft. on 4 acres - the newest addition, secured via an option-to-purchase agreement executed April 27, 2026. This facility will house the NFI growing marketing, digital, and technical development teams as NWPG accelerates its online and digital product initiatives.

Beyond providing immediate production capacity, the consolidated campus secures the land and facilities required to support the NWPG NFI broader digital strategy - including the design, development, and launch of new digital products and platforms. The three-facility footprint is designed to accommodate both near-term sales and manufacturing scale-up and the long-term infrastructure demands of an automotive company operating across physical and digital channels.

2026 Letter to Shareholders Highlighting Growth, Strategy and Future Outlook

On April 29th NWPG released its 2026 Letter to Shareholders, offering a comprehensive look at the company's performance, strategic progress, and priorities for the year ahead. In the message, NWPG leadership reflects on key milestones and outlines the initiatives shaping the next phase of growth. Included in the NWPG letter was the following commentary:

NWPG is positioning its recent merger company NFI Empire for rapid expansion and long-term value creation within the multi-billion-dollar global specialty automotive markets.

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A Market Poised for Digital Transformation

The global specialty automotive sector, valued well over $100 billion (Collectible cars: From niche market to growth and innovation engine | McKinsey [https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/collectible-cars-from-niche-market-to-growth-and-innovation-engine]), continues to experience strong demand for highvalue vehicles, offered on a variety of platforms, both physical and digital. Yet despite this size, much of the industry still relies on outdated legacy processes that limit efficiency, reach, transparency, and customer experience. This gap presents a compelling opportunity for innovation, modernization, and scalable disruption.

NWPG and NFI Empire enter this market with a proven, profitable, assetlight operating model. NFI Empire closed 2025 with gross revenue of $10.3M, continued heavy investment in key people, systems, equipment and the development of a proprietary "white glove" auction platform, while still generating a net profit. A continually developing, vertically integrated platform blends physical infrastructure with digital capabilities, enabling efficient scaling without heavy capital requirements.

NWPG now has a strong brick-and-mortar backbone that serves as the launchpad for digital expansion.

Strategic Roadmap and Uplist Plans

NWPG has implemented an aggressive, milestonedriven 24month strategic plan designed to:

Accelerate digital revenue growth.

Effectively utilize AI at the "Buyer, Seller, Operator" levels.

Consistently expand margins.

Strengthen operational efficiency.

Support an uplisting to a major national exchange.

A key pillar of our first-year strategy is Empire Rides, the NWPG proprietary reality-show platform. The goal is to transform authentic, high-engagement content into a demand-generation and conversion engine building audience loyalty, brand credibility and transaction velocity. This approach intends to convert traditional media spend into a direct revenuegenerating asset.

The NWPG NFI Empire's hybrid model intends to bridge the traditional "onsite" and completely "offsite" worlds, delivering:

The trust and quality assurance of physical inspections and operations.

The efficiency and reach of digital marketplaces.

Improved economics for buyers and sellers.

Traditional auction houses and consignors have long dominated highvalue vehicle transactions, often imposing:

High combined fees (frequently exceeding 25%).

Non-refundable charges.

Rigid timelines.

Seller "unfriendly" terms.

At the same time purely digital platforms offer speed and reach but often lack the trust and quality control that physical oversight provides.

With the infrastructure in place, a profitable core business, and a content-driven growth engine, NWPG is exceptionally well-positioned to capture meaningful market share.

Outlook

Looking ahead, the NWPG focus is executing its roadmap with discipline and speed. NWPG is committed to building a market-leading platform that delivers superior experiences for buyers and sellers while consistently building long-term value for NWPG shareholders.

For more information on NWPG Visit: http://www.NewportGoldInvest.com

Email: nwpginfo@gmail.com [mailto:nwpginfo@gmail.com]

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Media Contact
Company Name: Newport Gold Inc. (Stock Symbol: NWPG)
Contact Person: Justin Fried, CEO
Email: Send Email [http://www.universalpressrelease.com/?pr=24800000-shares-of-stock-cancellation-back-to-company-treasury-for-expanding-specialty-automotive-dealer-with-a-strategy-to-scale-to-200-million-in-annual-sales-newport-gold-inc-nwpg]
Phone: +1 705-209-4178
Address:8 Nettleton Court
City: Collingwood
State: ON L9Y 5B9
Country: Canada
Website: http://www.NewportGoldInvest.com

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