Further to the TSX Venture Exchange bulletin dated April 4, 2024, regarding two amended and restated mining lease agreements between multiple mining claim owners, a subsidiary of Allegiant Gold Ltd. and a subsidiary of the company, the TSX Venture Exchange has accepted documentation pertaining to the fourth-year lump-sum payments for these two amended lease agreements. The total amount of the fourth-year payment is $99,067 (U.S.) and 112,324 shares at a deemed price of 35.16 Canadian cents.

For further information, please refer to the company's news releases dated March 23, 2022, March 16, 2023, March 18, 2024, and March 19, 2025.