Mr. John Proust reports

JAPAN GOLD RECEIVES OR ROYALTIES OPTION FUNDING

Japan Gold Corp. has received $3-million (U.S.) from OR Royalties Inc., to acquire an additional 0.5-per-cent net smelter return royalty on all Japan gold properties. OR Royalties' royalty interest has increased from 1.5 per cent to a total of 2.0 per cent.

On Sept. 23, 2026, the company announced a strategic alliance with Solidcore Resources, a 50-per-cent premium to market equity financing, debt conversion at a 50-per-cent premium to market and a royalty sale to OR Royalties Inc., resulting in a total $50-million of committed capital.

Proceeds from the royalty sale will be used to advance Japan Gold's portfolio of properties outside the Solidcore Alliance (the pipeline areas), expand drilling capacity and support general working capital requirements.

"OR Royalties' decision to increase its royalty interest reflects growing confidence in the prospectivity and long-term potential of our exploration property portfolio and of the progress we have made in Japan," said John Proust, chairman and chief executive officer of Japan Gold. "The proceeds provide valuable non-dilutive capital that will support the advancement of our pipeline areas, increased drilling activity and position the company to deliver a steady stream of exploration results while preserving shareholder value. We are pleased to further strengthen our balance sheet and our relationship with OR Royalties as we continue to unlock value across the largest portfolio of gold exploration projects in Japan."

About Japan Gold Corp.

Canada-based Japan Gold is the largest mineral exploration company in Japan, with a portfolio of more than 3,000 square kilometres of prospective mineral rights covering regions known for gold mineralization and a history of high-grade epithermal gold production. Japan offers a compelling combination of highly prospective yet underexplored geology, well-developed infrastructure and a stable mining jurisdiction. Over the past decade, Japan Gold's leadership team, including geologists, drillers and technical advisers, have built deep technical capabilities and unmatched in-country expertise. Their extensive experience in exploration and operations, combined with a proven record of discoveries worldwide, positions the company as the leading explorer in the country. As a project generator, Japan Gold focuses on acquiring and advancing high-quality exploration projects, with the goal of generating exploration upside for joint venture partners, providing long-term upside for shareholders while minimizing dilution.

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