File: Attachment Transcontinental Gold - news release - private placement and debt settlement June 3 2026.pdf

TRANSCONTINENTAL GOLD CORP.

890-580 Hornby St. Vancouver, BC V6C 3B6

NEWS RELEASE

Transcontinental Gold Corp. Private Placement and Debt Settlement

June 3, 2026 Vancouver, British Columbia. Transcontinental Gold Corp. (TSXV:TCG.P)(the "Company"), a capital pool company, is pleased to announce a non-brokered, private placement (the "Offering") of units (the "Units") of the Company at a price of $0.08 per Unit for gross proceeds of $400,000. Each Unit shall be comprised of one common share (a "Share") and one-half of one share purchase warrant (each whole warrant being a "Warrant"). Each Warrant shall be exercisable into a common share (a "Warrant Share") at a price of $0.16 per Warrant Share at any time up to the close of business on the third anniversary of the date of issuance of the Units. Closing of the Offering is subject to approval of the TSX Venture Exchange.

In addition to the Offering, the Company intends to settle outstanding debt (the "Debt Settlement") in the amount of $52,222.00 through the issuance of Units.

The Units issued in connection with both the Offering and the Debt Settlement shall be subject to a hold period of four months.

The Company intends to use the proceeds from the Offering for general and administrative expenses and to seek out assets for the purpose of undertaking its Qualifying Transaction.

On behalf of the board of

TRANSCONTINENTAL GOLD CORP.

Per: "Wenhong Jin"

Wenhong Jin

President, CFO and Director

For further information, please contact:

Contact Name: Lily Liu Telephone email: Transcontinentalgold@gmail.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.