Mr. Peter Mah reports

SPANISH MOUNTAIN ANNOUNCES AGM RESULTS

Spanish Mountain Gold Ltd. has released the results from its annual general meeting (AGM) of shareholders, held on Aug. 21, 2025.

All matters of business as outlined in the company's management information circular were approved by shareholders. The board of directors of the company consists of Brent Bergeron, Peter Mah, Lembit Janes, Richard Orazietti and Garnet Dawson.

The company would like to thank its shareholders for their continuing support.

About Spanish Mountain Gold Ltd.

Spanish Mountain Gold is focused on advancing its 100-per-cent-owned Spanish Mountain gold project toward construction of the next gold mine in the Cariboo gold corridor, British Columbia. On Aug. 18, 2025, the company filed a National Instrument 43-101 technical report on SEDAR+ that sets out the project's derisked and optimized preliminary economic assessment (PEA), with an updated mineral resource estimate (MRE). Spanish Mountain Gold will continue to advance the project to position the company to make a construction decision in or before 2027. The company is striving to be a leader in community and indigenous relations by leveraging technology and innovation to build the greenest gold mine in Canada. The relentless pursuit for better gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities.

We seek Safe Harbor.