Mr. Anthony Zelen reports

RUSH GOLD CORP. ANNOUNCES CLOSING OF FIRST TRANCHE OF NON-BROKERED FINANCING

Further to Rush Gold Corp.'s news release dated March 11, 2026, it has closed the first tranche of the previously announced non-brokered private placement of common shares at a price of 10 cents per share. Pursuant to the first tranche, the company issued 6.12 million shares for gross proceeds of $612,000. The company may close further tranches in the coming weeks.

The company did not pay any finders' fees in the first tranche.

Proceeds from the offering are intended to be used for general working capital.

The issuance of securities in connection with this offering will be subject to Canadian Securities Exchange (CSE) approval and the shares are subject to a statutory hold period of four months plus one day expiring Aug. 18, 2026, in accordance with applicable Canadian securities laws.

About Rush Gold Corp.

Rush Gold is a Canadian mining exploration company focused on advancing its Skylight gold property, located in the Republic mining district, Nye county, Nevada, in the United States. Rush Gold also holds an option on the Legal Tender property, a historic silver-gold project located 62 kilometres northwest of Tonopah, Nev.

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