An anonymous director reports

ST. AUGUSTINE ANNOUNCES PRIVATE PLACEMENT

St. Augustine Gold and Copper Ltd. has arranged a non-brokered private placement financing of up to 341,038,196 common shares of the company at a price of 7.3 cents per unit for gross proceeds of up to $24,895,379.

The company intends to use net proceeds of the private placement for general corporate purposes, including completion of a feasibility study and organizing financing for the company's King-king copper-gold project. No insiders are expected to participate.

The closing of the placement is expected to occur in two tranches, with the first tranche closing on or about June 20, 2025, and the same is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange.

About St. Augustine Gold and Copper Ltd.

St. Augustine is a mining company focused on the development of the King-king copper-gold project. The project is one of the largest undeveloped copper-gold deposits in the world and is listed as a top-three-priority mining project by the Philippine government.

We seek Safe Harbor.