Mr. Geoff Balderson reports

LIGHTHOUSE GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS

Lighthouse Gold Inc. (formerly Alerio Gold Corp.) has arranged a non-brokered private placement of up to 10 million units in the capital of the company at a price of seven cents per unit, for the gross proceeds of up to $700,000.

Each unit will comprise one common share in the capital of the company and one-half of one share purchase warrant. Each warrant is exercisable to purchase one additional share for a period of 18 months from the closing date at an exercise price of 13 cents per warrant share.

The company intends to use the proceeds from the offering for exploration and for general working capital purposes. Completion of the offering is subject to customary conditions, including the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange. Pursuant to applicable securities law, securities issued under the offering will be subject to a hold period that will expire four months and one day from the date of closing of the offering.

The company anticipates to close the offering on or about Jan. 29, 2026.

About Lighthouse Gold Inc.

Lighthouse Gold is a mineral exploration and development company in the business of acquiring and exploring gold properties, with a focus in Guyana, South America. The company currently has a 100-per-cent interest in two properties located in Guyana.

We seek Safe Harbor.