Mr. Oscar Louzada reports

SRANAN UPDATES STATUS ON LATE FILING OF FINANCIAL STATEMENTS

Further to Sranan Gold Corp.'s news release dated Jan. 21, 2026, the company continues to work toward the filing of its annual audited financial statements, management's discussion and analysis, and CEO (chief executive officer) and CFO (chief financial officer) certifications for the fiscal year ended Sept. 30, 2025 (the required filings).

The company is working with its auditor to address complexities associated with the acquisition structure and has made progress. Sranan is responding to audit requests as information becomes available, with approximately 20 per cent remaining outstanding. Previously outstanding items relating to operations in Suriname have been provided, and the company is addressing additional requests as they arise. Key outstanding items include third party confirmations, review of tax working papers and documentation relating to equipment acquired during the financial year. Sranan remains in continuing communication with its auditor to confirm any remaining documentation requirements and has committed to providing any outstanding materials promptly upon request. Sranan anticipates that the audited financial statements will be completed and filed on or before Feb. 27, 2026.

The required filings were due to be filed by Jan. 28, 2026. In connection with the anticipated delays in making the required filings, the company made an application for a management cease trade order (MCTO) under National Policy 12-203 -- Management Cease Trade Orders (NP 12-203) to the Alberta Securities Commission, as principal regulator for the company, and the MCTO was issued on Jan. 29, 2026. The MCTO restricts all trading by the company's CEO and CFO in securities of the company, whether direct or indirect. The issuance of the MCTO will not affect the ability of persons who are not directors, officers or insiders of the company to trade their securities. The MCTO will remain in effect until the required filings are filed or until it is revoked or varied.

The company currently expects to file its interim first quarter financial statements on or before the applicable filing due date.

Both the company and its auditor are working diligently toward the completion and filing of the required filings, and the company will provide additional updates.

The company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing biweekly default status reports in the form of a news release until it meets the required filings requirement. The company has not taken any steps toward any insolvency proceeding and the company has no material information relating to its affairs that has not been generally disclosed.

About Sranan Gold Corp.

Sranan Gold is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The company's flagship Tapanahony project covers 29,000 hectares in one of Suriname's most prolific artisanal gold mining districts.

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