Mr. Joseph Ovsenek reports

TUDOR GOLD ANNOUNCES $10 MILLION BROKERED LIFE OFFERING

Tudor Gold Corp. has entered into an agreement with Research Capital Corp. as the lead agent and sole bookrunner, on behalf of a syndicate of agents, including Roth Canada Inc., in connection with a brokered, best effort listed issuer financing exemption private placement offering of units of the company at a price of 80 cents per unit for aggregate gross proceeds to the company of up to $10-million.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant shall entitle the holder thereof to purchase one common share at an exercise price of $1.20 per common share for a period of 24 months following the closing of the offering.

The company will grant the agents an option to increase the size by up to an additional 15 per cent of the number of units sold in the offering, by giving written notice of the exercise of the agent option, or a part thereof, to the company at any time up to two business days prior to closing of the offering.

The net proceeds from the offering will be used for working capital and general corporate purposes.

The units will be offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions), as amended by Canadian Securities Administrators' Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption), in all provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The units offered under the listed issuer financing exemption will be immediately free trading upon closing of the offering under applicable Canadian securities laws.

There is an offering document related to this offering that can be accessed under the company's profile at SEDAR+ and at the company's website. Prospective investors should read this offering document before making an investment decision.

The closing of the offering is expected to occur on or about the week of Dec. 15, 2025, or on such date as the agents and company may agree. Closing is subject to the company receiving all necessary regulatory approvals, including the conditional approval of the TSX Venture Exchange.

The agents will receive a cash commission of 6.0 per cent of the aggregate gross proceeds of the offering and such number of broker warrants as is equal to 6.0 per cent of the number of units sold under the offering (in each case, subject to reduction for certain subscribers on a president's list of purchasers identified by the company). Each broker warrant entitles the holder to purchase one common share at an exercise price equal to $1.20 for a period of 24 months following the closing.

About Tudor Gold Corp.

Tudor Gold is a precious and base metalsexploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913-hectare Treaty Creek project (in which Tudor Gold has an 80-per-cent interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corp.'s Brucejack mine property to the southeast.

We seek Safe Harbor.