Mr. Peter Mah reports

SPANISH MOUNTAIN GOLD ENGAGES LAURA STEIN

Spanish Mountain Gold Ltd. has engaged the services of Laura Stein of New York for shareholder and investor communications. Ms. Stein has been providing communication services to the mining industry for over 30 years. Ms. Stein will communicate directly with existing shareholders, analysts and prospective investors primarily through e-mail, social media and conference participation. Ms. Stein will receive 250,000 options under the company's share option plan. The options are priced at 22 cents for a term of five years and will vest 25 per cent after three months, 25 per cent after six months, 25 per cent after 12 months and 25 per cent after 18 months. In addition, the company will pay a portion of Ms. Stein's expenses for travel, conference fees, office overhead and other third party costs in connection with her activities related to Spanish Mountain Gold.

Ms. Stein and the company are arm's-length parties, and Ms. Stein does not hold any shares in the issued and outstanding capital of the company. The agreement with Ms. Stein is subject to TSX Venture Exchange approval and will not commence until final approval has been received.

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). The company 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.