Mr. Kirill Klip reports

TNR GOLD ANNOUNCES ALTIUS' BOOST OF ITS STRATEGIC STAKE

TNR Gold Corp. investor Altius Minerals Corp. acquired on the public market an additional 7,435,000 shares at 23 cents each on July 17, 2026, increasing its strategic stake in TNR Gold to a total of 30,935,000 shares. This is according to a public filing on SEDI.ca filed on July 21, 2026.

Kirill Klip, executive chairman of TNR Gold, stated: "We are delighted to report another powerful milestone that underscores the strength and credibility of TNR Gold's strategy. We welcome Altius increasing its strategic, non-controlling stake in TNR Gold. The closing of the strategic investment, announced on May 25, 2026, enabled TNR Gold to advance the execution of its strategic plan and reflects strong market recognition of the quality of our assets, and their potential."

Mr. Klip continued: "Our business model provides a unique entry point into the creation of supply chains for critical materials like energy metals, which are powering the Energy rEVolution, and the gold industry that is providing the ultimate hedge during this part of the economic cycle. Our shareholders are participating in the building of The Green Energy Metals Royalty and Gold Company. In our portfolio, we have a unique combination of assets providing exposure to different parts of the mining cycle, starting with the power of blue-sky discovery, and including partnerships with industry leaders like McEwen Inc., Ganfeng Lithium, Lundin Mining and BHP as operators on the projects that could potentially generate royalty cashflows to contribute value for our shareholders. This coalition of industry leaders and aligned stakeholders validates our royalty-focused approach. Sophisticated partners are actively recognizing, advancing and helping safeguard our assets through strategic alignment, operational progress and shared commitment to value creation. My holding of 27,963,000 shares in TNR Gold serves as further evidence of my deep personal commitment to the company, and strong confidence in our experienced team and its strategic development plan. We look forward to working with Altius to maximize value for all our shareholders."

About TNR Gold Corp.

TNR Gold Corp. is working to become the green energy metals royalty and gold company.

We seek Safe Harbor.