File: '\\swfile\EmailIn\20250612 164306 Attachment Canagold_ News Release Announcing Voting Results of 2025 AGM.docx'

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LEGAL_46767666.1

LEGAL_46767666.1

LEGAL_46767666.1

CANAGOLD RESOURCES LTD.

ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL MEETING

June 12, 2025 - Vancouver, BC - Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (the "Company") announces that at its annual general meeting of shareholders held on June 12, 2025 (the "Meeting"), all directors listed in the Information Circular dated May 9, 2025 were elected. The detailed results are as follows:

Nominee Director

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Sofia Bianchi

95,792,544

99.81%

186,500

0.19%

Kadri Dagdelen

95,806,964

99.82%

172,080

0.18%

Michael Doyle

95,639,185

99.65%

339,859

0.35%

Carmen Letton

95,802,864

99.82%

176,180

0.18%

Andrew Trow

95,805,264

99.82%

173,780

0.18%

At the Meeting, the Shareholders of the Company also approved:

The appointment of Davidson & Company LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year;

The ordinary resolution to approve the amendments to the Company's Omnibus Incentive Plan and renewal for a three-year period, as described in the Company's Information Circular dated May 9, 2025.

A non-binding advisory ordinary resolution on the Company's approach to executive compensation, as described in the Company's Information Circular dated May 9, 2025.

A detailed report on the voting results is filed on the Company's SEDAR+ profile at www.sedarplus.ca.

About Canagold

Canagold Resources Ltd. is a growth-oriented gold exploration company focused on advancing the New Polaris Project through feasibility and permitting. Canagold is also seeking to grow its assets base through future acquisitions of additional advanced projects. Canagold has access to a team of technical experts that can help unlock significant value for all Canagold shareholders.

For further information, please contact:

Catalin Kilofliski, Chief Executive Officer

Email: Catalin@canagoldresources.com

Tel: (604) 685-9700

Website: www.canagoldresources.com

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.