Mr. Marc Blythe reports

AU GOLD CORP ANNOUNCES $2 MILLION PRIVATE PLACEMENT

Au Gold Corp. has arranged a non-brokered private placement of $2-million. The placement consists of 13,333,333 units priced 15 cents each. Each unit comprises one share and one-half warrant valid for three years. Each whole warrant may be converted to one share of Au Gold by payment of 30 cents. The securities issued with respect to the private placement will be subject to a hold period of four months and one day in accordance with applicable securities laws. This financing is subject to TSX Venture Exchange approval.

Proceeds of the private placement will be used for general corporate purposes and exploration on the company's mineral exploration properties.

The company recently announced the acquisition of the Havelock gold-antimony project, located in Victoria, Australia. Further details can be found in the Jan. 15, 2026, press release, filed on SEDAR+ and available at Au Gold's website.

We seek Safe Harbor.