On March 18, 2026, Nation Gold Corp. (“Nation Gold”) completed the acquisition (the “Acquisition”) of a 100% interest in the Bonito gold-silver project (the “Bonito Project”) in the Nogal Bonito Mining District of New Mexico, USA through its wholly-owned subsidiary Nation Gold US Corp. (“Nation Gold US”) pursuant to the terms of the mineral property purchase and sale agreement dated February 3, 2026 between Nation Gold, Cannon Bridge Capital Corp. (“Cannon Bridge”), Stream Metals LLC, Nation Gold US and an arm’s length individual.

As consideration for the Acquisition, Nation Gold paid an aggregate of $200,000 in cash to date with the remaining cash consideration of $100,000 payable on the date that is the later of: (i) Nation Gold US receiving an initial drill permit on the Bonito Project; and (ii) 18 months from the closing date. Nation Gold will also issue an aggregate of 13,000,000 common shares of Nation Gold to certain nominees of Cannon Bridge at a deemed issue price of $0.20 per common share.

Concurrently with the Acquisition, Nation Gold completed a non-brokered private placement consisting in the issuance of 7,800,000 units (each, a “Unit”) at a purchase price of $0.20 per Unit for gross proceeds to Nation Gold of $1,560,000. Each Unit consisted of one common share of Nation Gold and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable by the holder thereof to purchase one common share of Nation Gold at an exercise price of $0.25 until March 18, 2028.

Nation Gold is a mining exploration company based in Vancouver, BC with a 100% interest in the Bonito Project.

Further details regarding Nation Gold and the Bonito Project can be found on Nation Gold’s website. Nation Gold trades under the symbol “NATN” on the Canadian Securities Exchange.