Mr. Steven Sirbovan reports

ICG SILVER & GOLD CLOSES $1.73 MILLION UNIT OFFERING, BRINGING AGGREGATE GROSS PROCEEDS RAISED TO $6.20 MILLION, AND CONFIRMS MARCH 31 TRADING DATE

Further to its news release dated Feb. 26, 2026, ICG Silver & Gold Ltd. has closed a non-brokered unit offering for gross proceeds of $1.73-million. This brings the company's total gross proceeds raised between the unit offering and previously completed subscription receipt offering to approximately $4.5-million, and $6.2-million since inception. The completion of the unit offering was the final step before the company begins trading on the Canadian Securities Exchange at market open tomorrow, March 31, 2026, under the ticker symbol ICG.

The company issued 4,943,369 units at a price of 35 cents per unit for aggregate gross proceeds of $1,730,179.15. Each unit consisted of one common share and one-half of one common share purchase warrant. Each warrant is exercisable at a price of 50 cents per share for a period of 24 months from the listing of the shares on the CSE. Both the shares and warrants are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

In connection with the unit offering, the company paid cash finders' fees of $80,178.70 and issued 229,082 common share purchase warrants to eligible finders. Each compensation warrant is exercisable at a price of 50 cents per share for a period of 24 months from the date of issuance.

The net proceeds of the unit offering will be used for advancing the company's phase 1 exploration program at the Tuscarora district in Nevada, costs of the public listing, marketing and investor relations, and general working capital purposes.

With the closing of the unit financing, ICG is now fully financed to rapidly advance the Tuscarora district through its phase 1 drill program in the summer and toward a first mineral resource estimate.

About ICG Silver & Gold Ltd.

ICG Silver & Gold is a new mineral exploration and development company advancing the Tuscarora district in northern Nevada. The company's strategy is centred on:

• Advancing the Tuscarora district through systematic exploration and technical studies;
• Building a district-scale geological model;
• Progressing the project toward resource definition and future development.

The Tuscarora district is a silver-gold epithermal system located on the Carlin trend, approximately one hour northwest of Elko, Nev. ICG controls 100 per cent of the approximately 10,000-acre land package, which has had extensive rock-chip sampling, thousands of metres of reverse circulation and core drilling, and tens of kilometres of CSAMT (controlled-source audio-frequency magnetotelluric) geophysics completed on the property. ICG fundamentally believes in the long-term value of precious metals exploration, especially silver and gold and is led by a technical and management team with extensive experience in exploration, permitting, capital markets and development of mining projects in the Western United States, including Nevada.

We seek Safe Harbor.