Mr. Steve Roebuck reports

AVIDIAN GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO $750,000

Avidian Gold Corp. intends to complete a non-brokered private placement for maximum aggregate gross proceeds of up to approximately $750,000.

The offering will consist of the sale of up to 5,769,231 units of the corporation at a price of 13 cents per unit. Each unit will be composed of one common share of the corporation and one-half of one common share purchase warrant of the corporation, with each warrant entitling the holder thereof to purchase an additional share of the corporation at an exercise price of 25 cents per warrant share for 36 months from the closing of the offering.

The corporation reserves the right to increase the size of the offering by up to approximately 25 per cent of the size of the offering, pursuant to which the corporation may offer for sale up to 1,442,308 additional units for additional gross proceeds of up to approximately $187,500. The upsize option may be exercised in whole or in part in the corporation's sole discretion at any time up to the closing of the offering. If the offering is fully subscribed and the upsize option is exercised in full, the total gross proceeds of the offering are expected to be approximately $937,500, and the total number of units that will be issued is 7,211,539 units.

The corporation intends to use the proceeds of the offering for exploration at the corporation's mineral properties and for general corporate and working capital purposes.

The offering is scheduled to close on or about April 15, 2026, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange. The corporation may pay finders' fees to eligible finders in connection with the offering in accordance with the policies of the exchange. All securities to be issued and issuable pursuant to the offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

It is expected that certain directors and officers of the corporation may participate in the offering. The participation of insiders in the offering will constitute a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The corporation anticipates relying on exemptions from the minority shareholder approval and formal valuation requirements applicable to the related-party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the securities to be acquired by the participating insiders, nor the consideration to be paid by such directors and officers is anticipated to exceed 25 per cent of the corporation's market capitalization.

About Avidian Gold Corp.

Avidian brings a disciplined and veteran team of project managers with a focus on advanced-stage gold exploration. The corporation currently holds a 100-per-cent interest in the Jungo gold-copper property in Nevada and is evaluating other opportunities.

Avidian is a shareholder in High Tide Resources, which is focused on and committed to the development of mineral projects critical to infrastructure development using industry best practices combined with a strong social licence from local communities. Avidian Gold controls approximately 19.88 per cent of High Tide's outstanding shares. High Tide owns a 100-per-cent interest in the Labrador West iron project, which hosts an inferred iron resource of 654.9 million tonnes of 28.84 per cent Fe and is located adjacent to the Iron Ore Company of Canada's Carol Lake mine in Labrador City, Nfld., operated by Rio Tinto PLC. This resource is exposed at surface and was pit constrained for an open-pit mining scenario. The technical report for this resource, from which the foregoing information was drawn, is entitled "National Instrument 43-101 Technical Report Mineral Resource Estimate, Labrador West Iron Project, Newfoundland and Labrador, Canada," was filed on SEDAR+ on April 6, 2023, and was written by Ryan Kressall, MSc, PGeo, Matthew Herrington, MSc, PGeo, Catharine Pelletier, PEng, and Jeffrey Cassoff, PEng. The corporation also owns a 100-per-cent interest in the Lac Pegma copper-nickel-cobalt deposit located 50 kilometres southeast of Fermont, Que.

We seek Safe Harbor.