Mr. David Grondin reports

TOMAGOLD RECEIVES $1,000,000 CASH PAYMENT

Further to TomaGold Corp.'s news releases dated June 16, July 11, July 18 and Oct. 22, 2025, regarding the disposition of its wholly owned Hazeur, Monster Lake East and Monster Lake West properties to Northern Superior Resources Inc., TomaGold has received a $1-million final cash payment from Iamgold Corp., which recently acquired Northern Superior.

David Grondin, president and chief executive officer of TomaGold, commented, "We are pleased to receive these additional non-dilutive funds, which will enable us to further advance and scale our exploration activities across our Chibougamau projects in 2026."

TomaGold retains a 2.0-per-cent net smelter return (NSR) royalty on all mineral production from the properties. Iamgold has the right to repurchase one-half (1.0 per cent) of the NSR royalty at any time for a one-time cash payment of $1-million.

About TomaGold Corp.

TomaGold is a Canadian junior mining company focused on the acquisition, exploration and development of high-potential precious and base metal projects, with a primary focus on gold and copper in Quebec and Ontario. The company's core assets are located in the Chibougamau mining camp in Northern Quebec, where it owns the Obalski gold-copper-silver project and holds options to acquire 12 additional properties, including the Berrigan mine, Radar, David and Dufault projects. TomaGold also holds a 24.5-per-cent joint venture interest in the Baird gold property near the Red Lake mining camp in Ontario. In addition, the company has lithium and rare earth element (REE) projects in the James Bay region, strategically positioned near significant recent discoveries.

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