Mr. David Grondin reports

TOMAGOLD ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

TomaGold Corp. has closed the second and final tranche of its previously announced non-brokered private placement for total proceeds of $178,650. The second tranche was completed through the issuance of 1,375,000 hard cash (HC) units at a price of six cents per HC unit and of 1,282,000 flow-through (FT) units of the company at a price of 7.5 cents per FT unit. Each HC unit consists of one common share in the capital of the company and one-half of one share purchase warrant, with each warrant entitling the holder thereof to purchase one additional common share at a price of 10 cents for a period of 24 months from the date of issuance. Each FT unit consists of one common share in the capital of the company that will qualify as a flow-through share for the purposes of the Income Tax Act (Canada) and one-half of one warrant.

In connection with the closing of the second tranche, the company paid aggregate cash finders' fees of $4,194 and issued 55,920 compensation warrants to eligible finders. Each compensation warrant entitles the holder thereof to purchase one common share of the company at a price of 10 cents for a period of 24 months from the date of issuance. The company also wishes to update the finders' fees information disclosed in its news release dated April 30, 2026. In connection with the closing of the first tranche of the private placement, the company paid aggregate cash finders' fees of $27,893.35 to eligible finders.

The company intends to use the gross proceeds from the sale of the FT units to incur exploration expenses that are eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures, as such terms are defined in the Income Tax Act (Canada). The net proceeds from the sale of the HC units will be used by the company for general and corporate working capital purposes.

The securities issued under the private placement, including the common shares underlying the warrants and the compensation warrants, are subject to a hold period of four months and one day from the date of issuance. The private placement remains subject to final approval of the TSX Venture Exchange.

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, Brosnan, Radar 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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