Mr. Robert Sim reports

TAURUS GOLD CLOSES NON-BROKERED PRIVATE PLACEMENT

Further to its news release dated Oct. 1, 2025, Taurus Gold Corp. has closed its non-brokered private placement of units, with each unit consisting of one common share in the capital of the company and one common share purchase warrant, in the principal amount of $6,116,411.

The company issued 122,328,220 units at a price of five cents per unit in connection with the closing of the offering. Additionally, in connection with the offering, the company issued 300,000 shares at a price of five cents per share in connection with a debt settlement of $60,000 with an arm's-length party. In connection with the closing of the offering, eligible finders were paid an aggregate of $489,312 in cash and issued an aggregate of 9,786,257 finders' warrants, with each finder's warrant being exercisable for a period of three years from the date of closing of the offering, at an exercise price of 6.4 cents per common share underlying each finder's warrant.

The offering is subject to the receipt of all required regulatory approval, including acceptance of the Canadian Securities Exchange. All securities issued in connection with the offering (including the shares, warrants and finders' warrants) and the settlement are subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.

In connection with the offering and pursuant to the policies of the CSE, as the company issued securities representing greater than 100 per cent of the previously outstanding common shares of the company, the company received written approval of greater than 50 per cent of the disinterested shareholders of the company to proceed with the offering. No new insiders or control persons (as such terms are defined in applicable securities laws) were created as a result of the offering.

About Taurus Gold Corp.

Taurus Gold is a growth-oriented mineral exploration company with a 51-per-cent interest in the Charlotte gold-silver property in Yukon. The Charlotte property covers approximately 23 square kilometres and is road accessible within the established Dawson Range mining district. The company's focus remains on advancing this flagship property through systematic exploration and development.

We seek Safe Harbor.