Mr. Mark Tommasi reports

CANARY GOLD CORP. ANNOUNCES INSTALLATION OF SECOND CENTRIFUGE AT PORTO VELHO SAMPLING FACILITY

Canary Gold Corp. has installed and commissioned a second centrifuge at its exploration sampling facility in Porto Velho, Rondonia, Brazil.

The addition of a second centrifuge is expected to increase sample processing capacity and support the company's continuing and expanding reconnaissance drilling programs at its Madeira River project.

As previously reported, Canary Gold is advancing a systematic exploration program across its district-scale land package, targeting approximately 80 kilometres of interpreted gold-bearing stratigraphy associated with the Madeira River system. The enhanced processing capability is intended to improve turnaround times and enable more efficient handling of increasing sample volumes as field activities continue to scale.

The Madeira River project remains a central focus of the company's exploration strategy, with continuing programs designed to rapidly evaluate and prioritize targets across the broader project area using a data-driven approach.

"We are pleased to have installed a second centrifuge at our Porto Velho facility, which represents another important step in scaling our exploration activities at the Madeira River project," said Mark Tommasi, president of Canary Gold. "This additional capacity is expected to enhance our ability to process samples efficiently and support the continued advancement of our reconnaissance drilling efforts across the project."

The company will continue to provide updates as results from its continuing exploration programs become available.

Qualified person and technical disclosure

Qualified person statement (National Instrument 43-101)

The scientific and technical information contained in this news release has been reviewed and approved by Andrew Lee Smith, PGeo, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

Mr. Smith has previously visited the company's project areas in Brazil, and is familiar with the regional geology and exploration activities. He is not continuously present on site, and relies on data, geological interpretations and sampling information provided by site-based qualified personnel. He has reviewed the available technical information, and considers it to be reliable and suitable for the purposes of this disclosure.

Mr. Smith is not independent of the company within the meaning of National Instrument 43-101 as he serves as executive chairman of Canary Gold.

About Canary Gold Corp.

Canary Gold is a Canadian public exploration company focused on the acquisition and advancement of gold projects in Brazil. The company holds an option to earn an up-to-70-per-cent undivided interest in the Rio Madeira project through a series of staged exploration expenditures and milestone payments.

In August, 2025, Canary further expanded its regional strategy by entering into a definitive agreement to acquire a 100-per-cent interest in 10 additional mineral tenements totalling approximately 94,700 hectares from Talisman Venture Partners Ltd., a private B.C. corporation. The total consideration of $1.7-million has been satisfied through staged cash and share payments.

Talisman retains a 1.0-per-cent net smelter return royalty on future production from the acquired tenements, one-half of which (reducing the NSR to 0.5 per cent) may be repurchased by the company at any time for $1.0-million.

Together, these interests provide Canary Gold with a dominant and strategically consolidated land position in the Madeira River region of Rondonia state -- one of Brazil's most prospective yet underexplored gold provinces.

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