Mr. Nikolaos Cacos reports

GOLDEN ARROW ANNOUNCES FILING OF ITS MEETING MATERIALS IN CONNECTION WITH ITS ANNUAL GENERAL AND SPECIAL MEETING TO APPROVE SALE OF COPPER ASSETS AT SAN PIETRO PROJECT

Golden Arrow Resources Corp. has mailed and filed a management information circular and related materials for its annual general and special meeting of the holders of common shares of the company to be held on Aug. 21, 2026, in connection with, among other things, the proposed sale of the copper assets at the San Pietro copper-gold-iron cobalt project to Capstone Copper Corp. and a wholly owned subsidiary of Capstone, announced on June 23, 2026.

"Management is strongly in favour of the transaction and believes it delivers significant value to Golden Arrow shareholders, while better positioning the company to focus on its highest-potential gold opportunities. We encourage shareholders to vote in favour of the transaction," stated Nikolaos Cacos, Golden Arrow president and chief executive officer.

Information about the meeting

The meeting will be held at 3500, 1133 Melville St., Vancouver, B.C., on Aug. 21, 2026, at 8:30 a.m. (Vancouver time).

The meeting materials contain important information regarding the transaction, how shareholders can participate and vote at the meeting, the background that led to the transaction and the reasons for the unanimous determinations of the board of directors of the company that the transaction is in the best interests of the company and is fair to shareholders. Shareholders should carefully review all of the meeting materials as they contain important information concerning the transaction and the rights and entitlements of shareholders thereunder. The board unanimously recommends that shareholders vote in favour of the transaction.

The meeting materials have been filed by the company on SEDAR+ and are available under the company's profile. The meeting materials are also available on the company's website.

Subject to obtaining approval of the transaction at the meeting, and the satisfaction of the other customary conditions to completion of the transaction contained in the share purchase agreement, dated June 22, 2026, including certain regulatory approvals, all as more particularly described in the meeting materials, the transaction is expected to close in late-August, 2026.

About Golden Arrow Resources Corp.

Golden Arrow is a mineral exploration company with a successful record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits. Golden Arrow is actively exploring a portfolio of projects in Chile and Argentina. The company is an affiliated company of the Grosso Group, a resource-focused management organization that provides operational support to its affiliated companies as they advance quality resource projects.

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