Mr. Andrew Nelson reports

WESTWARD GOLD ANNOUNCES UPSIZING OF NON-BROKERED PRIVATE PLACEMENT FINANCING TO C$12M

Due to demand, Westward Gold Inc. is upsizing its previously announced non-brokered private placement (see press release dated Sept. 9, 2026) and now intends to issue up to 48 million units at a price of 25 cents per unit for aggregate gross proceeds to the company of up to $12-million. Each unit will comprise one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company at a price of 40 cents for a period of 24 months following the closing date of the offering.

Current strategic investors Crescat Capital LLC and Concept Capital Management Ltd. have advised the company that they intend to participate in the offering for combined gross proceeds of $2.8-million. Crescat has advised that it intends to increase its previously disclosed allocation and subscribe for 7.2 million units for gross proceeds of $1.8-million, and Concept Capital has advised that it intends to subscribe for four million units for gross proceeds of $1-million.

The net proceeds from the offering will be used primarily: (i) to finance continuing drilling at the company's flagship Toiyabe Hills property along the Cortez trend in Nevada, in addition to further trenching, detailed geological mapping, rock-chip and soil sampling programs, and geophysical surveys; (ii) to increase cash bonding in relation to Westward's existing plan of operations with the U.S. Bureau of Land Management to allow for expanded ground disturbance; and (iii) for general working capital purposes. Closing of the offering is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange. The common shares and warrants issued in relation to the offering will be subject to a hold period of four months and one day, in accordance with applicable securities laws and the requirements of the CSE. In connection with the offering, the company expects to pay finders' fees up to 7 per cent of the gross proceeds of the offering, which may be paid in cash or in units issued at the offering price, and to issue finder warrants up to 7 per cent of the number of units issued in the offering, which will be exercisable at a price of 30 cents per common share for a period of 24 months.

Certain insiders of the company intend to acquire units in the offering. The participation by such insiders in the offering will constitute a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, based on the fact that neither the anticipated fair market value of the units subscribed for by the insiders nor the consideration for the units to be paid by such insiders will exceed 25 per cent of the company's current market capitalization.

About Westward Gold Inc.

Westward Gold is a mineral exploration company focused on developing the consolidated Toiyabe Hills project located in the Cortez Hills area of Lander county, Nevada, and the Coyote and Rossi projects, located along the Carlin trend in Elko county, Nevada. From time to time, the company may also evaluate the acquisition of other mineral exploration assets and opportunities.

We seek Safe Harbor.