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Tuesday, September 15, 2026 Admin

VG.V ·

Volcanic Gold grants incentive stock options Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV: VG) (“Volcanic” or “the Company”) announces that it has granted to its directors, officers and employees incentive stock options to purchase

Share Capital & Compensation

March 4, 2026

Volcanic Gold grants incentive stock options

Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV: VG) (“Volcanic” or “the Company”)

announces that it has granted to its directors, officers and employees incentive stock options to purchase

up to an aggregate of 1,250,000 common shares exercisable for up to ten years at a price of $ 0.15 per

share.

About Volcanic Gold Mines Inc.

Volcanic brings together an experienced and successful mining, exploration and capital market team

focused on building multimillion-ounce gold and silver resources in underexplored countries. Through the

strategic acquisition of mineral properties with dem onstrated potential for hosting gold and silver

resources and by undertaking effective exploration and drill programs, Volcanic intends to become a

leading gold-silver company.

For further information, visit our website at www.volgold.com.

Volcanic Gold Mines Inc.

Simon Ridgway, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

Certain statements contained in this news release constitute forward -looking statements within the meaning of

Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-

looking statements and include, without limitation, statements about the Company’s plans for its property interests.

Often, but not always, these forward-looking statements can be identified by the use of words such as “estimate”,

“estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”,

“gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”,

or statements that events, “could” or “should” occur or be achieved and si milar expressions, including negative

variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements of the Company to be materially different from any results,

1111 Melville Street, Suite 1000

Vancouver, BC V6E 3V6, Canada

www.volgold.com

T 604.801.5432

F 604.662.8829

TF 1.888.627.9378

TSX.V: VG

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performance or achievements expressed or implied by forward -looking statements. Such uncertainties and factors

include, among others, the uncertainties inherent in the mineral resource estimates; changes in general economic

conditions and financial markets; the Company or any joint venture partner not having the financial ability to meet

its exploration and development goals; risks associated with the results of exploration and development activities,

estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and

expenses; and such other risks detailed from time to time in the Company’s quarterly and annual filings with

securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca . Although the

Company has attempted to identify important factors that could cause actual actions, events or results to differ

materially from those described in forward -looking statements, there may be other factors that cause actions,

events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of

management, including but not limited to: that the Company’s stated goals and planned exploration and

development activities will be achieved; that there will be no material adverse change affecting the Company or its

properties; and such other assumptions as set out herein. Forward -looking statements are made as of the date

hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of

new information, future events or results or otherwise, except as required by law. There can be no assurance that

forward-looking statements will prove to be accurate, as actual results and future events could differ materially from

those anticipated in such statements. Accordingly, investors should not place undue reliance on forward- looking

statements.