Mr. Jean-Marc Lacoste reports

VISIBLE GOLD NAMES JEAN-MARC LACOSTE AS ITS NEW CEO

Visible Gold Mines Inc. has appointed Jean-Marc Lacoste as president, chief executive officer and a director of the company, effective immediately. Mr. Lacoste succeeds Martin Dallaire, who will continue to serve as chairman of the board.

Mr. Lacoste is a seasoned mining executive with more than 20 years of experience in the gold sector, bringing deep expertise in mergers and acquisitions, corporate strategy, and capital markets. Over the course of his career, he has completed more than $250-million in M&A transactions and raised in excess of $100-million in financings.

Mr. Lacoste was instrumental in the $200-million acquisition of Monarch Gold Corp. by Yamana Gold, where he was president and chief executive officer from 2012 to 2021. He subsequently served as president and chief executive officer of Monarch Mining Corp. from 2020 to 2024. Earlier in his career, Mr. Lacoste played a key role in the acquisition of Golden Goose Resources by Kodiak Exploration, acting as president and chief executive officer from 2004 to 2010. Mr. Lacoste began his career in capital markets as a futures trader before joining Northland Power as vice-president of acquisitions. He holds a bachelor of economics from McGill University in Montreal and supports several philanthropic initiatives.

Martin Dallaire, chairman of Visible Gold, commented: "On behalf of the board, we are very pleased that Jean-Marc has agreed to join Visible Gold at this pivotal stage in the company's evolution. His strong track record in executing strategic acquisitions and M&A transactions, combined with his disciplined focus on creating long-term shareholder value, makes him an exceptional addition to our leadership team."

Jean-Marc Lacoste, president and chief executive officer of Visible Gold, added: "I am thrilled to be joining Visible Gold. Martin has taken meaningful strategic steps to position the company for its next phase of growth. We now have a solid platform on which to build, and our focus will be on identifying and advancing additional high-quality gold opportunities. As a long-term believer in gold, I am confident in the opportunities ahead and committed to unlocking the full potential of Visible Gold."

As part of his compensation package, and subject to regulatory approval, the company has granted Mr. Lacoste 300,000 stock options pursuant to its stock option plan, exercisable at a price of 18 cents per share for a period of 10 years.

About Visible Gold Mines Inc.

Visible Gold Mines is a mining exploration company focused on acquiring, exploring and developing gold projects in the prolific Abitibi gold belt and the James Bay region in the province of Quebec.

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