Mr. Andre Douchane reports

HANSTONE CLOSES LOAN TRANSACTION

Hanstone Gold Corp. will conduct a loan transaction, under which it will borrow up to $300,000 from an affiliate of Gurbakhshish (Bob) Hans, a director of Hanstone. The lender previously loaned an aggregate of $2,025,000 to Hanstone in 2023, 2024 and 2025. The new loan was conducted under an amended and restated loan agreement dated as of March 4, 2026, which contemplates total loaned funds of $2,325,000, being the past loan amounts and the principal.

The past loan amounts are repayable on Aug. 1, 2027, and the principal is repayable on the earlier of: (i) written demand by the lender; and (ii) Aug. 1, 2027. The principal and the past loan amounts accrue interest at 15 per cent per annum, such interest calculated and payable annually in arrears. The principal, the past loan amounts and interest thereon are secured by a perfected first priority security interest in all present and after-acquired property of the company. Hanstone will use the loan for general corporate purposes approved by Hanstone's board of directors and by the lender.

As Mr. Hans is an insider of the company, the loan is a related-party transaction as defined under Multilateral Instrument 61-101. The loan is exempt from the formal valuation requirement under MI 61-101 because Hanstone's securities are not listed on any of the markets specified in MI 61-101, and the loan is exempt from the minority shareholder approval requirement under MI 61-101 because the loan is not convertible into or repayable in, directly or indirectly, equity or voting securities of the company and is made on reasonable commercial terms that are no less advantageous to the company than if the loan were made by an arm's-length party. A material change report respecting the loan was not filed at least 21 days before closing, which is reasonable given the exemptions from MI 61-101 described above. Hanstone's independent directors have approved the loan.

About Hanstone Gold Corp.

Hanstone is a precious and base metal explorer with its current focus on the Doc and Snip North projects optimally located in the heart of the prolific mineralized area of British Columbia known as the Golden Triangle. The Golden Triangle is an area which hosts numerous producing and past-producing mines and several large deposits that are approaching potential development. The company holds a 100-per-cent interest in the 1,704-hectare Doc project, and it also owns a 100-per-cent interest in the 3,336-hectare Snip North project, which is subject to an option agreement with Goldrea Resources Corp. as optionee (see Hanstone's news release dated Oct. 2, 2025, for further details). Hanstone has a highly experienced team of industry professionals with a successful record in the discovery of gold deposits and in developing mineral exploration projects through discovery to production.

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