Mr. Peter Tagliamonte reports

QGOLD ANNOUNCES ACCELERATION OF WARRANT EXPIRY DATES

Q-Gold Resources Ltd.'s share price has closed at 29.5 cents, after closing at or above 25 cents for the previous 10 consecutive days. In accordance with the terms of the warrant indenture between the company and TSX Trust Company (in its capacity as the warrant agent) dated Oct. 3, 2025, pursuant to which the company issued 38,333,333 common share purchase warrants, this has triggered the company's voluntary expiry acceleration right in respect of the warrants.

In accordance with the acceleration right, the company has elected to accelerate the expiry date of the warrants to the date that falls 30 days following the date of this news release, or May 22, 2026. Any warrants that remain unexercised by 5 p.m. Toronto time on such date will expire and be cancelled.

About Q-Gold Resources Ltd.

Q-Gold Resources is a publicly traded North American-based mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America.

The company's shares are listed on the TSX Venture Exchange under the symbol QGR, the OTCQB market in the United States under QGLDF and the Borse Frankfurt exchange under QX9G.

Q-Gold is committed to progressing its portfolio of gold and silver assets toward production, with its primary focus on its flagship Quartz Mountain gold project in Oregon (United States) and the Mine Centre gold project in Ontario (Canada).

Q-Gold focuses on resource expansion through systematic exploration, disciplined project development backed by rigorous technical work and responsible environmental stewardship in mining-friendly jurisdictions with established infrastructure.

We seek Safe Harbor.