Mr. Geoff Balderson reports

LIGHTHOUSE GOLD ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF UNITS

Lighthouse Gold Inc. has closed its non-brokered private placement offering, as previously disclosed in the company's news release dated Jan. 15, 2026, and Jan. 16, 2026. In connection with the offering, the company issued 12.2 million units at a price of seven cents per unit, generating aggregate gross proceeds of approximately $854,000.

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 of its mineral properties and for general working capital.

All securities issued in connection with the offering are subject to a statutory hold period of four months plus one day in accordance with Canadian securities legislation.

A director of the company participated in the offering being related parties as defined in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, participated in the non-brokered offering. Any such related party transaction was exempt from the formal valuation requirement and the shareholder approval requirement of MI 61-101 as the fair market value of any common shares issued to such persons did not exceed 25 per cent of the company's market capitalization.

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 100-per-cent interest in two properties located in Guyana.

We seek Safe Harbor.