Mr. Adrian Hobkirk reports

GOLD PORT ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Further to its news releases of Oct. 27, 2025, and Oct. 31, 2025, Gold Port Corp. has closed its non-brokered private placement, raising gross proceeds of $1.5-million through the issuance of 20 million units at 7.5 cents per unit.

Each unit comprises one common share in the capital of the company and one transferable common share purchase warrant, with each warrant entitling the holder to purchase one additional share of the company at an exercise price of 10 cents per warrant share for a period of three years from the closing of the private placement.

The company paid finders' fees totalling $40,950 cash and 546,000 non-transferable finder warrants to eligible finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Each finder warrant is exercisable at 7.5 cents until the expiry date. PowerOne Capital Markets Ltd. acted as a finder in connection with a portion of the private placement.

All securities issued under the private placement are subject to a four-month hold period pursuant to securities laws in Canada and a company hold period expiring 12 months from the date of closing of the private placement.

Proceeds from the private placement will be directed toward advancing the company's 100-per-cent-owned Groete gold-copper project in Guyana, South America. The Groete project currently hosts a National Instrument 43-101 inferred resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 gram per tonne gold-copper equivalent. A cut-off grade of 0.25 gram per tonne gold equivalent, a gold price of $1,275 (U.S.) per ounce and copper price of $3 (U.S.) per pound was used in the calculation of the inferred mineral resource. The resource was calculated in 2012 and offers the potential for significant expansion. The resource calculation can be relied upon and the qualified person has completed a site visit.

Gold Port remains focused on unlocking the full potential of the Groete gold-copper project and creating long-term value for shareholders through resource growth from responsible exploration.

About Gold Port Corp.

Gold Port is focused on the further exploration and development of the 100-per-cent-owned Groete gold-copper project, located in Guyana, South America. The current focus of the company is to enhance the NI 43-101 inferred gold copper resource defined at the project to a higher resource classification and to potentially expand the total mineral inventory. The project was last explored in 2012, which included a drill program that allowed the calculation of an inferred mineral resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 gram per tonne gold-copper equivalent. A cut-off grade of 0.25 gram per tonne gold equivalent, a gold price of $1,275 (U.S.) per ounce and a copper price of $3 (U.S.) per pound were used in the calculation of the inferred mineral resource. Details of the mineral resource are contained in a National Instrument 43-101 report titled "Technical Report and Updated Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South America" by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR+ and the company's website.

William Feyerabend, CPG, a consulting geologist, a qualified person under NI 43-101 and a director of the company, participated in the writing of this press release and approves the scientific and technical content.

We seek Safe Harbor.