Mr. Greg Isenor reports

KO GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS, WELCOMES JOHN ANDERSON TO THE BOARD OF DIRECTORS AND ELIGIBILITY FOR DEPOSITORY TRUST COMPANY (DTC) SERVICES

KO Gold Inc. has released the results of its annual general meeting of shareholders held on May 6, 2026.

At the meeting, shareholders approved all matters put before them. A total of 7,653,783 common shares were represented in person or by proxy at the meeting, representing approximately 17.85 per cent of the company's 42,880,749 issued and outstanding common shares.

Shareholders approved setting the number of directors of the company at five. The following nominees were elected as directors of the company: Gregory Isenor, Paul Teniere, Norman Stacey, Alvin Jackson and John Anderson. Each director nominee received 100 per cent of the votes cast in favour of his election. Shareholders also approved the appointment of Jones & O'Connell LLP as auditor of the company for the ensuing year.

The company is pleased to welcome Mr. Anderson to its board of directors. Mr. Anderson is the chairman of Purplefish Capital Management Ltd., an independent corporate finance advisory firm with offices in Vancouver, Geneva and Beijing. Purplefish works with companies to assist them in achieving strategic and financial objectives, attracting capital, and supporting business development and growth.

Mr. Anderson has over 30 years of capital market experience, primarily in the resource sector. He has founded, financed and advised numerous start-up companies, and has experience with issuers listed on major international exchanges, including the Toronto Stock Exchange, TSX Venture Exchange, New York Stock Exchange, Nasdaq, Alternative Investment Market and Swiss Stock Exchange. Mr. Anderson was a founder of Deep 6 PLC, American Eagle Oil and Gas, and New Found Gold Corp., and was a founding general partner of Aquastone Capital LLC, a New York-based gold fund. He has raised in excess of $500-million for resource companies, and currently serves as chief executive officer of Triumph Gold Corp. and chair of TriplePoint Resources Ltd. and Wildsky Resources Inc.

"We are delighted to welcome John Anderson to our board," said Mr. Isenor, chief executive officer of KO Gold. "John brings more than 30 years of capital markets experience, significant resource-sector expertise, and a strong track record of helping growth-stage companies access capital and execute on strategic opportunities. We look forward to his contributions as KO Gold continues to advance its growth strategy."

The company is also pleased to announce that its common shares are eligible for electronic clearing and settlement in the United States through the Depository Trust Company.

DTC eligibility is expected to simplify the process of trading and enhance liquidity of KO Gold's shares in the United States. The company's shares recently began trading on the OTCQB Venture Market under the ticker symbol KOGDF.

DTC is a subsidiary of the Depository Trust & Clearing Corp., a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

"Achieving DTC eligibility is an important step as we continue to expand our visibility and accessibility to the U.S. investment community," said Greg Isenor, chief executive officer of KO Gold. "This supports our long-term strategy as we advance exploration in the Otago gold district in New Zealand and maintain a steady flow of news."

About KO Gold Inc.

KO Gold is a Canadian junior exploration company listed on the Canadian Securities Exchange under KOG. The company's strategy is to acquire and explore highly prospective gold properties within the Otago gold district in New Zealand. KO Gold currently has four 100-per-cent-owned exploration permits within the Otago gold district for a combined land package of 400 square kilometres (including the Carrick Range exploration permit application). The company's Smylers gold, Hyde and Glenpark EPs are located adjacent to Oceanagold's Macraes gold mine, and the Carrick EP hosts the historic Carrick goldfield, which holds promise as a significant gold deposit near Santana Minerals' Bendigo-Ophir gold project. The company also has a net smelter royalty on three additional permits: Garibaldi, Raggedy Range and Rough Ridge South, totalling 340 square kilometres. KO Gold has spent over $3-million in exploration and drilling on its permits in the Otago gold district over the past five years, including reverse circulation and diamond drilling on its Smylers gold EP.

We seek Safe Harbor.