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KTO.V ·

K2 Announces New Board Member

Management Changes

K2 Announces New Board Member

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - K2 Gold Corporation (TSXV: KTO)

(OTCQB: KTGDF) (FSE: 23K) ("

K2

" or the "

Company

") today announced that Chase Taylor-Robins

has joined K2 as a Director of the company.

Mr. Taylor-Robins' financial and capital markets expertise further strengthens K2's leadership as it

focuses on advancing Mojave.

He is experienced in evaluating mining projects at all stages to identify

and capitalize on new growth opportunities. Mr. Taylor-Robins currently works in Corporate Development

at Orezone Gold Corporation (TSX: ORE), an established gold producer in West Africa. Prior to his

current role, he was a member of the Corporate Development team at Great Bear Royalties - acquired

by Royal Gold for C$200M in 2022. He holds a Master's of Science in Mineral & Energy Economics

from the Colorado School of Mines and a Master's in Mining Engineering from the University of Arizona.

"I look forward to the addition of Mr. Taylor-Robins as a Director," stated Anthony Margarit, President

and CEO of K2. "Chase's technical ability combined with his insight into corporate development will be a

valuable addition to the strong, experienced Board we have at K2 as we move into the next phases of

development at the Mojave project."

Incentive Stock Option Grant

K2 would also like to announce the granting of 7,100,000 incentive stock options (the "Options") to

certain Directors, Officers, Employees and Advisors of the Company. The Options are exercisable at

$0.36 per share for a period of five years from the date of grant with 25% vesting in 6 months, and 25%

vesting on the anniversary every year thereafter. The Options were granted pursuant to the Company's

shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange

and any applicable regulatory hold periods.

About the Mojave Project

The Mojave Project is a 5,830-hectare oxide gold project with base metal targets located in California.

Multiple previously recognized surface gold targets have been successfully drilled in the past, most

notably by Newmont and BHP. Since acquiring the property, K2 has completed geochemical and

geophysical surveys, geologic mapping, LiDAR, a WorldView 3 alteration survey, and successfully

completed a 17-hole RC drill program focused on the Dragonfly and Newmont Zones. Highlights from

K2's drilling program include 6.68 g/t Au over 45.72m from surface at the Dragonfly Zone, and 1.69 g/t

Au over 41.15m from 44.20m depth at the Newmont Zone.

About K2 Gold

K2 is a proud member of Discovery Group and currently has projects in Southwest USA and the Yukon.

K2 is committed to transparency, accountability, environmental stewardship, safety, and community

engagement.

On behalf of the Board of Directors,

"Anthony Margarit"

President and CEO K2 Gold Corporation.

For further information about K2 Gold Corporation or this news release, please visit our website at

k2gold.com

or contact our Office in Canada at 778-266-1456 or by email at

[email protected]

.

K2 Gold Corporation is a member of Discovery Group based in Vancouver, Canada. For more

information, please visit:

discoverygroup.ca

.

Cautionary Statement on Forward-Looking Statements

This news release contains forward-looking statements that are not historical facts. Forward-looking

statements involve risks, uncertainties and other factors that could cause actual results, performance,

prospects, and opportunities to differ materially from those expressed or implied by such forward-looking

statements, including statements regarding the exploration program at Si2, Wels, and Mojave, including

results of drilling, and future exploration plans at Si2, Wels, and Mojave. Factors that could cause actual

results to differ materially from these forward-looking statements include, but are not limited to, variations

in the nature, quality and quantity of any mineral deposits that may be located, the Company's inability to

obtain any necessary permits, consents or authorizations required for its planned activities, and the

Company's inability to raise the necessary capital or to be fully able to implement its business strategies.

The reader is referred to the Company's public disclosure record which is available on SEDAR+

(

www.sedarplus.ca

). Although the Company believes that the assumptions and factors used in preparing

the forward-looking statements are reasonable, undue reliance should not be placed on these

statements, which only apply as of the date of this news release, and no assurance can be given that

such events will occur in the disclosed time frames or at all. Except as required by securities laws and

the policies of the TSX Venture Exchange, the Company disclaims any intention or obligation to update

or revise any forward-looking statement, whether as a result of new information, future events or

otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be

any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be

unlawful, including any of the securities in the United States of America. No securities of the Company

have been or will, in the foreseeable future, be registered under the United States Securities Act of 1933

(the "1933 Act") or any state securities laws and may not be offered or sold within the United States or

to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless

registered under the 1933 Act and applicable state securities laws, or an exemption from such

registration requirements is available.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT

TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/254885