Mr. Anthony Margarit reports

K2 ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

K2 Gold Corp. has engaged ICP Securities Inc. to provide automated market-making services, including the use of ICP's proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.

ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between K2 and ICP was signed with a start date of Sept. 1, 2025, and is for four months and shall be automatically renewed for subsequent one-month terms (each month called an additional term) unless either party provides at least 30 days written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the company in the future.

ICP is an arm's-length party to the company. ICP's market-making activity will be primarily to correct temporary imbalances in the supply and demand of the company's shares. ICP will be responsible for the costs it incurs in buying and selling the company's shares, and no third party will be providing funds or securities for the market-making activities.

About K2 Gold Corp.

K2 Gold is a member of Discovery Group and is focused on advancing gold exploration projects in mining-friendly jurisdictions across the western United States and Canada. The company's flagship Mojave project covers 5,830 hectares and includes multiple previously drilled oxide gold targets. Since acquiring the project, K2 has advanced exploration through geochemical, geophysical and remote sensing surveys, as well as reverse circulation drilling. Notable past drill highlights include:

• 4.0 grams per tonne gold over 86.9 metres from surface at the Dragonfly zone;
• 1.69 g/t Au over 41.15 m at the Newmont zone.

K2 also holds: the Si2 gold project in Nevada and the Wels project in Yukon, Canada.

K2 Gold is committed to responsible exploration, indigenous and community engagement, and advancing high-quality projects through a collaborative and technically disciplined approach.

We seek Safe Harbor.