Mr. Greg McCunn reports

GREAT PACIFIC GOLD ANNOUNCES PUBLIC OFFERING TO RAISE UP TO $15 MILLION

Great Pacific Gold Corp. has entered into an agreement with Haywood Securities Inc., on behalf of a syndicate of agents, in connection with a commercially reasonable efforts public offering of up to 32 million units of the company at a price of 47 cents per unit for aggregate gross proceeds to the company of up to $15.04-million.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one common share of the company at a price of 70 cents per share for a period of 24 months following the closing of the offering.

The units issuable under the offering will be offered pursuant to a prospectus supplement to the company's base shelf prospectus dated March 19, 2026. The terms of the offering will be described in the supplement, which will be filed with the securities regulators in each of the provinces of Canada (excluding Quebec), and the units may also be offered by way of private placement in the United States and in offshore jurisdictions in accordance with applicable securities laws.

The agents have been granted an option to purchase up to an additional 15 per cent of the number of units issuable under the offering at the offering price, exercisable in whole or in part, up to 48 hours prior to the closing of the public offering.

The net proceeds from the sale of units under the offering will be used to advance Great Pacific Gold's gold-copper projects in Papua New Guinea, as well as for general working capital and corporate purposes, to be disclosed in the supplement.

The offering is expected to close on or about April 2, 2026. Closing of the offering is subject to certain conditions, including, but not limited to, the approval of the TSX Venture Exchange.

Access to the shelf prospectus, the supplement and any amendments to such documents are provided in accordance with securities legislation relating to procedures for providing access to a base shelf prospectus, a shelf prospectus supplement and any amendment thereto. The shelf prospectus is accessible, and the supplement will be accessible within two business days from the date hereof, on SEDAR+. An electronic or paper copy of the supplement, the shelf prospectus and any amendment to the documents may be obtained, without charge, from Haywood Securities by e-mail at ecm@haywood.com, and by providing the contact with an e-mail address or address, as applicable.

About Great Pacific Gold Corp.

Great Pacific Gold's vision is to become the leading gold-copper development company in Papua New Guinea (PNG). The company has a portfolio of exploration-stage projects in PNG, as follows:

• Wild Dog project: The company's flagship project is located in the East New Britain province of PNG. The project consists of a large-scale epithermal target, the Wild Dog structural corridor, stretching 15 kilometres (km) in strike length, with geophysical data suggesting significant depth extent. The survey also highlighted the Magiabe porphyry target, adjacent to the epithermal target and potentially 1,000 metres (m) in diameter and over 2,000 metres deep. Drilling of the epithermal structure on the Sinivit target has yielded high-grade results, including WDG-08, which intercepted 8.4 metres at 50 grams per tonne (g/t) gold equivalent (AuEq) from 154 metres. The current drilling program will extend into 2026, with the second drill rig now operational.
• Kesar project: Located in the Eastern Highlands province of PNG and contiguous with the mine tenements of K92 Mining Inc., the Kesar project is a greenfield exploration project with several high-priority targets in close proximity to the property boundary with K92. Multiple epithermal veins at Kesar are on strike and have the same orientation as key K92 deposits, such as Kora. Exploration work to date by the company at the Kesar project has shown that these veins have high grades of gold present in outcrop and very elevated gold-in-soil grades, coincident with aeromagnetic highs. The company conducted a diamond drill program on key target areas at the Kesar project from November, 2024, to May, 2025, and has developed a follow-up phase 2 program for 2026.
• Arau project: Also located in the Eastern Highlands province of PNG, the Arau project is south of and contiguous to the mine tenements of K92. Arau contains the highly prospective Mt. Victor exploration target with potential for a high-sulphidation epithermal gold-base metal deposit. A phase 1 reverse circulation drilling program was completed at Mt. Victor in August, 2024, with encouraging results. The Arau project includes the Elandora licence, which also contains various epithermal and copper-gold porphyry targets.

The company also holds the Tinga Valley project in PNG.

We seek Safe Harbor.