Mr. Shaun Heinrichs reports

1911 GOLD ANNOUNCES OUTCOME OF TSX VENTURE EXCHANGE APPEAL

After an appeal process (as announced on Oct. 20, 2025), the TSX Venture Exchange has upheld its original decision to deny approval of 1911 Gold Corp.'s best efforts LIFE offering and private placement, announced on Sept. 19, 2025. As a result, the proposed offering will not proceed to close.

Shaun Heinrichs, president and chief executive officer of 1911 Gold, stated: "The company remains well funded to complete the exploration and development plans currently in place, including advancement to a bulk sample in 2026, supported by a successful $13.2-million financing completed in July of this year, as well as funds received from the ongoing exercise of warrants. While we are disappointed with this outcome for a number of reasons, we continue to make substantial progress on our mine restart strategy and remain confident in the underlying strength of our project portfolio. We have now mobilized a second drill rig underground to Level 16 in the True North mine and expect to mobilize a third drill rig before the end of the year. As previously outlined, the proceeds from the offering were intended to expand and accelerate the underground exploration and development programs. The TSX-V denial does not impact our ability to complete our current development plans."

About 1911 Gold Corp.

1911 Gold is a junior developer with a highly prospective, consolidated land package totalling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, Canada. The company also owns the True North mine and mill complex in Bissett, Man. 1911 Gold believes its land package represents a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex.

In addition, the company holds the Apex project near Snow Lake, Man., and the Denton-Keefer project near Timmins, Ont., and remains focused on advancing organic growth while pursuing accretive acquisition opportunities across North America.

1911 Gold's True North complex and the exploration land package are located within and among the first nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, co-operative and respectful communications with all of the company's local communities and stakeholders to foster mutually beneficial working relationships.

We seek Safe Harbor.