Mr. Chris Drysdale reports

THE ERONGO GOLD PROJECT UPDATE

Antler Gold Inc. has reached a settlement to terminate the definitive asset purchase and sale agreement dated Sept. 18, 2024, as amended on Dec. 5, 2024 among Antler, its subsidiary, Antler Gold Namibia Pty. Ltd., and Fortress Asset Management LLC, as assigned to Fortress Gold Ltd., for the Erongo Central gold project in Namibia. The settlement was made without any admission of liability by any party.

The Erongo project comprises five contiguous licences in highly prospective areas of the Damara Mobile belt covering a total area of 185 square kilometres. This includes 28 kilometres of prospective strike length with the same stratigraphy that hosts Osino Resources' Twin Hills deposit. Antler's EPL 8010 borders with the Twin Hills mining licence (3.1 million ounces).

Antler Namibia now owns the Erongo project and intends to consider next steps for it as part of its continuing internal strategic review process.

About Antler Gold Inc.

Antler Gold is a Canadian-listed mineral exploration company currently focused on the acquisition and exploration of mineral projects in Africa's top-ranked jurisdictions.

We seek Safe Harbor.