Ms. Lenna Mae Leopoldo reports

ST. AUGUSTINE CLOSES PRIVATE PLACEMENT

St. Augustine Gold and Copper Ltd.'s previously announced (June 9, 2025) non-brokered private placement financing of 341,038,196 common shares of the company has closed at a price of 7.3 cents per share for gross proceeds of up to $24,895,379.

The company intends to use the 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 participated.

About St. Augustine Gold and Copper Ltd.

St. Augustine is a Toronto Stock Exchange-listed 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.

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