Mr. Peter Laipnieks reports

BIG BEAR GOLD CORP. ANNOUNCES AGM RESULTS AND ADOPTION OF OMNIBUS LONG-TERM INCENTIVE PLAN

Big Bear Gold Corp. has released the results of its 2026 annual general meeting of shareholders (the 2026 AGM) held on April 6, 2026. Shareholders voted in favour of all matters brought before the meeting, including reappointing Davidson & Company LLP, as the company's auditor and approving the company's new omnibus long-term incentive plan. In addition, Peter Laipnieks, Corey Klassen, Allen Schwabe and Matt Wayrynen were all re-elected as directors of the company.

The omnibus plan provides the company with a variety of security-related mechanisms to attract, retain, and motivate qualified directors, employees and consultants. The omnibus plan replaced the company's prior stock option plan and includes (i) a 10-per-cent rolling option plan, permitting a maximum of 10 per cent of the issued and outstanding common shares of the company as at the date of any option grant to be reserved for option grants; and (ii) a fixed plan permitting 3,279,129 common shares to be reserved for grants of restricted share units, deferred share units, performance share units and other share-based compensation awards. The purpose of the omnibus plan is to align the interests of directors, employees, and consultants with the interests of shareholders and the long-term goals and success of the company, and to enable and encourage the directors, employees and consultants to acquire shares as long-term investments. A summary of the omnibus plan can be found in the 2026 AGM information circular, filed under the company's profile on SEDAR+ on March 11, 2026. The omnibus plan, in its entirety, is attached as Schedule B to the company's 2026 AGM information circular. The omnibus plan is subject to TSX Venture Exchange approval.

The company greatly appreciates the participation of its shareholders and their support.

About Big Bear Gold Corp.

Big Bear Gold is focused on acquiring and developing mineral properties with strong potential to host significant resources in Western Canada. The company is looking for additional projects that are in an established mining district with highly prospective geology that could host significant resources.

We seek Safe Harbor.