Mr. Mike Stark reports

ARIZONA GOLD & SILVER ANNOUNCES OVER-ALLOTMENT TO OVERSUBSCRIBED PRIVATE PLACEMENT

Due to investor demand, the size of Arizona Gold & Silver Inc.'s non-brokered private placement, previously announced on Aug. 28, 2025, has been increased to 6,666,666 units, from 3,333,333 units of the company, at a price of 30 cents, with total proceeds of $2-million. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the company for a period of 36 months from the date of issue at an exercise price of 40 cents per warrant share.

All securities issued under the private placement will be subject to a hold period of four months and one day from the closing date. The company may pay finders' fees in cash or warrants. The private placement and finders' fees are subject to regulatory approval.

Net proceeds of the private placement will be used for project exploration and general working capital purposes.

About Arizona Gold & Silver Inc.

Arizona Gold is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property, where the company is drilling off an epithermal gold-silver system.

We seek Safe Harbor.