Mr. Jeffrey Wilson reports

PRECIPITATE GOLD ANNOUNCES $6.5 MILLION NON-BROKERED PRIVATE PLACEMENT LED BY STRATEGIC DOMINICAN INVESTORS

Precipitate Gold Corp. has arranged a proposed non-brokered private placement of up to 59,090,909 units at a price of 11 cents per unit for aggregate gross proceeds of up to $6.5-million.

Participation in the offering is led by prominent and strategic Dominican investors, including one of the Dominican Republic's largest institutional investors, Guess Investments Ltd., together with several other well-respected leaders from the country's business and investment communities.

Jeffrey Wilson, president and chief executive officer, stated: "This private placement represents a significant strategic milestone for Precipitate. We are welcoming institutional partners with deep sector expertise, strong financial credentials, and decades of experience investing in mining and natural resource projects in the Dominican Republic, led by pioneer institutional investors such as Guess Investment Ltd., a Dominican investor with long-standing experience in the mineral exploration and mining industry.

"In tandem with an important injection of capital, the participation of Dominican institutional investors adds meaningful strategic value to the company's future. Their in-depth understanding of the regulatory framework, operating environment and stakeholder landscape in the Dominican Republic enhances our ability to advance our property assets efficiently and responsibly. The willingness of these investors to voluntarily agree to an extended hold period beyond regulatory requirements evidences a long-term commitment that aligns well with management and existing shareholders. Their involvement reflects strong confidence in Precipitate's mineral exploration projects and materially strengthens the company's positioning as we move forward with ongoing exploration, development and future financing initiatives. Closing this financing will position the company to aggressively advance and drill test multiple high-priority exploration targets throughout the project portfolio as part of our objective to make meaningful new discoveries in the Dominican Republic and unlock value for all stakeholders."

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share of the company at an exercise price of 17 cents per share for a period of 18 months from the date of issuance. All securities issued in connection with the offering will be subject to resale restrictions for a period of six months from the date of issuance, representing an extended hold period beyond applicable requisite securities laws and the policies of the TSX Venture Exchange.

Proceeds from the offering will be used to advance ongoing exploration and project development activities across the company's Dominican mineral property portfolio, including aggressive continuing exploration and drilling at its Juan de Herrera project, as well as for general working capital purposes.

No finders' fees will be paid in connection with the offering. The offering remains subject to the approval of the TSX-V and may close in one or more tranches.

Upon closing of the offering, the company will appoint one new director to its board of directors, as nominated by Guess Investments.

In the event all warrants issued to the Dominican investors are exercised, Guess Investments will be entitled to nominate one additional member to the company's board of directors, subject to the approval of the existing board of directors, compliance with TSX-V policies, such nomination occurring no earlier than 12 months following the closing of the offering. Such Dominican-appointed representation on the company's board shall not, at any time, exceed 30 per cent.

About Precipitate Gold Corp.

Precipitate Gold is a mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic, including its 100-per-cent-owned Juan de Herrera project, located immediately adjacent to Goldquest Mining's Romero project, its 100-per-cent owned Pueblo Grande project, located immediately adjacent to the Pueblo Viejo mine operated by Barrick Mining, and its 100-per-cent-owned Ponton project, located 30 kilometres east of the Pueblo Viejo mine. Precipitate is also actively evaluating additional high-impact property acquisitions (in other favourable jurisdictions) with the potential to expand the company's portfolio and increase shareholder value.

We seek Safe Harbor.