Mr. Doug Fulcher reports

CENTENARIO GOLD PROVIDES BI-WEEKLY MCTO STATUS UPDATE

Centenario Gold Corp. is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203, Management Cease Trade Orders.

On May 1, 2025, the company announced that it made an application to the British Columbia Securities Commission (BCSC) to approve a temporary management cease trade order (MCTO) on the basis that it would be unable to file its annual consolidated financial statements, accompanying management's discussion and analysis, and related chief executive officer and chief financial officer certifications, for the year ended Dec. 31, 2024, within the extended deadline for filing the same under British Columbia Instrument 51-515, Temporary Exemption from Certain Corporate Finance Requirements. The application was approved by the BCSC on April 30, 2025, and the MCTO was issued by the BCSC on May 1, 2025. The MCTO prohibits the CEO and CFO of the company to trade the company's securities.

The company confirms that there have been no material changes to the information contained in the default announcement or any other changes required to be disclosed under NP 12-203.

The company anticipates that the annual filings will be filed on or before June 30, 2025. The company will continue to provide biweekly updates, as required by NP 12-203, until the annual filings have been filed. The company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in sections 9 and 10 of NP 12-203 so long as it remains in default of the requirement to file the annual filings.

About Centenario Gold Corp.

Centenario Gold is a mineral resource exploration company that was formed to focus on exploring and generating high-quality mineral prospects in Mexico and Canada.

We seek Safe Harbor.