Mr. Jeffrey Wilson reports

PRECIPITATE GOLD STRENGTHENS BOARD WITH APPOINTMENT OF DOMINICAN BUSINESS LEADER PELAYO TRONCOSO AND MINING FINANCE EXECUTIVE JOHN WENGER

Precipitate Gold Corp. has appointed Pelayo Troncoso and John Wenger, CPA, to the company's board of directors, effective immediately.

Mr. Troncoso is a Dominican Republic national and an accomplished investment executive and capital market professional with extensive international experience in investment banking, asset management and corporate governance. He is the co-founder and chief executive officer of Gamma International Bank, Gamma Securities and Gamma Asset Management, where he has led the rapid growth of the firm's investment management and capital market businesses across the Dominican Republic, Puerto Rico and the United States. Prior to co-founding Gamma, he held portfolio management positions with Credit Andorra Asset Management in Miami and currently manages the investment portfolio for a prominent Dominican family business group. Mr. Troncoso also serves on the boards and committees of several leading financial institutions and organizations in the Dominican Republic, including Parralax Valores Puesto de Bolsa and Bunker, and is a founding board member of the Camara de Comercio Dominico-Israeli. He holds a bachelor of science in management with concentrations in finance and economics from Boston College, is a chartered financial analyst, and is licensed as a Financial Industry Regulatory Authority Series 7, 24 and 66 securities professional.

Mr. Wenger is a seasoned mining finance executive and chartered professional accountant with more than two decades of experience in financial reporting, corporate finance, regulatory compliance and strategic transactions within the mining sector. He is currently the chief financial officer of Miata Metals Corp. Prior to that, Mr. Wenger served as vice-president, strategy, and chief financial officer of Contact Gold Corp. from 2017 until its acquisition by Orla Mining Ltd. in April, 2024. Throughout his career, he has held senior executive and board positions with numerous publicly listed exploration and development companies, including Liberty Gold Corp. and Inflection Resources Ltd. His experience includes leading public company financings totalling more than $150-million, overseeing mergers and acquisitions, managing cross-border regulatory matters, and serving as chair of audit committees for multiple public issuers. Prior to his industry roles, Mr. Wenger spent approximately a decade with Ernst & Young LLP, where he focused primarily on publicly listed mining clients in both Canada and the United States.

Jeffrey Wilson, president and chief executive officer of Precipitate, stated: "We are delighted to welcome Pelayo and John to Precipitate's board of directors. Pelayo brings deep Dominican business relationships and in-country perspective and understanding along with exceptional international banking, capital markets and investment management expertise, while John contributes extensive public company financial leadership and mining industry governance experience. Together, they significantly strengthen our board and position Precipitate to advance its Dominican Republic exploration portfolio with a view to creating long-term shareholder value."

The appointments return Precipitate's board to five directors and further strengthen the company's Dominican Republic business experience and in-country relationships while adding significant financial and governance expertise. This supports Precipitate's continued commitment to strengthening its leadership with experienced professionals possessing valuable in-country knowledge and mining sector proficiency as the company advances its wholly owned Dominican Republic mineral exploration projects.

About Precipitate Gold Corp.

Precipitate 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, its 100-per-cent-owned Pueblo Grande project and its 100-per-cent-owned Ponton project. Precipitate is also actively evaluating additional property acquisitions with the potential to expand the company's portfolio and increase shareholder value in other favourable jurisdictions.

We seek Safe Harbor.