Mr. Mike Stark reports

ARIZONA GOLD & SILVER ENTERS INTO INVESTOR RELATIONS AGREEMENT

Arizona Gold & Silver Inc. has entered into an investor relations contract dated Oct. 1, 2025, with Rose Athena Allan-McCachen, pursuant to which the consultant has agreed, effective Oct. 1 2025, to provide corporate communications, investor relations, marketing strategy, business development and related duties to the company. The first three months of the term are a probationary period during which either party may terminate the agreement.

Pursuant to the agreement and subject to the approval of the TSX Venture Exchange, the company will issue the consultant 50,000 stock options after the probationary period for a term of five years. The options will vest one-fourth upon the date of grant, one-fourth after six months, one-fourth after 12 months and the remainder after 24 months. The company will also pay the consultant annual cash fee of $60,000, payable in monthly instalments, which the company intends to pay out of its general working capital account.

The company and the consultant act at arm's length, and the consultant has no present interest, directly or indirectly, in the company or its securities, or any right or present intent to acquire such an interest.

The investor relations agreement and the granting of stock options are subject to the approval of the exchange. The consultant has agreed to comply with all applicable securities laws and the policies of the exchange in providing the services to the company.

About Arizona Gold & Silver Inc.

Arizona Gold is a leading exploration company focused on uncovering precious metal resources in Arizona and Nevada. With a commitment to sustainable practices and innovative exploration techniques, the company aims to drive value for stakeholders while prioritizing environmental stewardship.

The flagship asset is the Philadelphia gold-silver property, where the company is drilling off an epithermal gold-silver system ahead of an initial resource calculation.

We seek Safe Harbor.