Mr. Shaun Heinrichs reports

1911 GOLD ANNOUNCES FILING OF FINAL SHORT FORM PROSPECTUS IN CONNECTION WITH $31 MILLION BOUGHT DEAL FINANCING

Further to the news releases dated June 16, 2026, and June 17, 2026, 1911 Gold Corp. has filed a final short form prospectus dated July 23, 2026, with the securities commissions in each of the provinces of Canada (other than Quebec) in connection with its bought deal public offering of: (i) 7,812,500 units of the company at a price of 64 cents per unit; (ii) 12,610,400 Canadian development expense flow-through units of the company at a price of 79.3 cents per CDE unit; and (iii) a combination of: (A) Canadian exploration expense flow-through units of the company (the tranche 1 CEE units) at a price of 86.4 cents per tranche 1 CEE unit; (B) Canadian exploration expense flow-through units of the company (the tranche 2 CEE units) at a price of $1.011 per tranche 2 CEE unit; (C) Canadian exploration expense flow-through units of the company (the tranche 3 CEE units) at a price of 75.2 cents per tranche 3 CEE unit; (D) CDE units at the CDE issue price; and (E) units at the issue price, for aggregate gross proceeds to the company from the sale of the offered units of $31-million, as further described in the prospectus. In connection with the offering, the company entered into an underwriting agreement with Haywood Securities Inc., as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters, including BMO Nesbitt Burns Inc., Roth Canada Inc. and Velocity Trade Capital Ltd. The company has granted the underwriters an option to purchase up to an additional 15 per cent of the offering in any combination of units, CDE units, tranche 1 CEE units, tranche 2 CEE units and tranche 3 CEE units at their respective issue prices, on the same terms and conditions as the offering, exercisable at any time, in whole or in part, until the date that is 30 days following the closing of the offering.

Delivery of the prospectus and any amendment will be satisfied in accordance with the access equals delivery provisions of applicable securities legislation. The prospectus is accessible on SEDAR+ under the company's issuer profile. Alternatively, an electronic or paper copy of the prospectus and any amendment may be obtained, without charge, from Haywood Securities by e-mail at ecm@haywood.com by providing Haywood Securities with an e-mail address or address, as applicable. The prospectus contains important, detailed information about the company and the offering. Prospective investors should read the prospectus before making an investment decision.

The offering is subject to certain conditions, including, but not limited to, the final approval of the TSX Venture Exchange. The offering is expected to close on or about July 29, 2026.

The offered units will be offered by way of the prospectus to be filed in all provinces of Canada (other than Quebec). The offered units may also be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended, and applicable state securities laws, and in jurisdictions outside of Canada and the United States as are agreed to by the company and the underwriters on a private placement or equivalent basis, provided that no prospectus filing or comparable obligation arises and the company does not thereafter become subject to continuous disclosure obligations in such jurisdictions.

About 1911 Gold Corp.

1911 Gold is an advanced gold explorer and developer focused on its 100-per-cent-owned True North gold project in the Archean Rice Lake greenstone belt in Manitoba, Canada. The company controls a large approximately 62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to make a decision on restarting operations in the future, highlighting a unique investment opportunity with significant exploration upside. The strategy is to build a district-scale gold mining operation around a centralized infrastructure to support a socially and environmentally responsible, long-term mining operation with a growing mineral resource base.

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 its local communities and stakeholders to foster mutually beneficial working relationships.

We seek Safe Harbor.