Mr. Kyle Stanfield reports

ONGOLD ANNOUNCES CFO TRANSITION

Gregory Duras is no longer serving as chief financial officer and corporate secretary of Ongold Resources Ltd., effective May 7, 2026.

The company has appointed Soo-Whan Kim, previously its corporate controller, as chief financial officer and corporate secretary, effective May 8, 2026. In this role, Mr. Kim will continue to lead the company's financial reporting and accounting functions, ensuring continuity as Ongold advances its strategic initiatives.

Mr. Kim is a chartered professional accountant, has held senior finance roles, including controller and corporate controller positions, and has served as the chief financial officer of other public companies.

About Ongold Resources Ltd.

Ongold Resources owns significant exploration assets in Northern Ontario and Northern Manitoba, including the district-scale Monument Bay gold-tungsten project, the TPK gold project, the Domain gold project and the October gold project. These projects represent a strategic footprint in one of Canada's most prolific gold-producing regions.

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