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TGC.V ·

Toogood Gold Corp. Appoints Lee Hess as Vice President, Exploration

Management Changes

Toogood Gold Corp. Appoints Lee Hess as

Vice President, Exploration

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - Toogood Gold Corp. (TSXV: TGC)

(OTCQB: TGGCF) (FSE: D3P) ("

Toogood

" or the "

Company

") today announced the appointment of

Mr. Lee Hess, M.Sc., as Vice President, Exploration.

Mr. Hess will lead exploration strategy, geological modelling and target generation, with a primary focus

on defining high-priority maiden drill targets at the Table Mountain Project in Nevada and advancing

district-scale exploration at the Toogood Gold Project in Newfoundland. He will also support the

evaluation and generation of growth opportunities throughout the Americas. Jo Price will transition from

Vice President, Exploration to an advisory role and will continue to provide strategic guidance in support

of the Company's exploration programs.

Management Commentary

"

I first had the opportunity to work with Lee at SSR's Seabee Gold Operation and can personally attest

to his exceptional technical abilities. He is a highly regarded structural geologist with extensive

experience generating and advancing targets in the Great Basin and other prolific epithermal gold-

silver districts across North and South America

,"

stated Colin Smith, CEO of Toogood Gold Corp

.

"

His deep background in structurally controlled gold systems and project generation will further

strengthen our disciplined approach to portfolio growth, and we are very pleased to welcome him to the

team.

"

"I am excited to join Toogood at this pivotal stage of growth,"

commented Mr. Hess, VP, Exploration

.

"Table Mountain exhibits the hallmarks of a structurally controlled, district-scale low-sulphidation

epithermal gold-silver system in Nevada's Great Basin. I look forward to integrating structural

interpretation with high-impact systematic exploration to rapidly define and prioritize high-quality

maiden drill targets, while continuing to advance district-wide exploration at the Toogood Gold Project

in Newfoundland."

Lee Hess, Vice President, Exploration (M.Sc.)

Mr. Hess brings 15 years of experience focused on structurally controlled gold systems across North and

South America, most recently serving as Senior Geologist, Global Project Generation with SSR Mining

Inc. ("SSR"). In that role, he led generative exploration and technical due diligence initiatives across

Canada, the United States, and Argentina, with particular emphasis on the Great Basin. In Nevada, he

advanced multiple greenfield concessions to drill-ready status and completed multi-year lithologic and

structural mapping campaigns at the Marigold Mine complex (>5 Moz Au produced; approximately 2.9

Moz Au in Mineral Reserves and 2.1 Moz Au in Mineral Resources, based on SSR public disclosures,

as of December 31, 2024), which aimed to delineate sulfide mineralization.

Mr. Hess has also managed brownfield and greenfield exploration for several low- to intermediate-

sulphidation epithermal systems in Argentina, including Chinchillas, Pirquitas and Cortaderas, as well as

orogenic greenstone deposits in Saskatchewan, including Seabee, Santoy, Fisher and Porky.

Mr. Hess holds a Master of Science degree from the University of Nevada, Las Vegas, focused on

structural geology and tectonics of the southern Cordillera.

The Company intends to grant 250,000 stock options exercisable at a price of $0.11 CAD for five years

and 150,000 restricted share units ("RSUs") to Mr. Hess subject to vesting in accordance with its equity

incentive plan. The grant of the options, RSU's and the appointment of Mr. Hess are subject to TSX

Venture Exchange approval.

About Toogood Gold Corp.

Toogood Gold Corp. is a Canadian exploration company focused on the discovery and advancement of

high-grade gold systems in tier-one mining jurisdictions. The Company has two core areas of focus: the

Table Mountain Project in Nevada, a large, undrilled low-sulphidation epithermal system with extensive

surface alteration and multiple mineralized vein exposures; and the 100%-owned, district-scale Toogood

Gold Project (164 km²) in Newfoundland, a highly prospective and underexplored gold district with

multiple target areas and demonstrated gold prospectivity.

On Behalf of the Board of Directors

Colin Smith

Director & CEO

Toogood Gold Corp.

For further information contact:

Colin Smith, Director & CEO

+1 778 726-3356

[email protected]

Additional information about Toogood Gold Corp. can be found at

www.sedarplus.ca

.

Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian

securities legislation. Generally, forward-looking information can be identified by the use of forward-

looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget",

"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or

variations of such words and phrases or state that certain acts, events or results "may", "could", "would",

"might" or "will be taken", "occur" or "be achieved".

Forward-looking statements or information are subject to a variety of known and unknown risks,

uncertainties and other factors that could cause actual events or results to differ from those reflected in

the forward-looking statements or information, including, without limitation, the need for additional capital

by the Company through financings, and the risk that such funds may not be raised; the speculative

nature of exploration and the stages of the Company's properties; the effect of changes in commodity

prices; regulatory risks that development of the Company's material properties will not be acceptable for

social, environmental or other reasons; availability of equipment (including drills) and personnel to carry

out work programs; and that each stage of work will be completed within expected time frames. This list

is not exhaustive of the factors that may affect any of the Company's forward-looking statements or

information. Although the Company has attempted to identify important factors that could cause actual

results to differ materially, there may be other factors that cause results not to be as anticipated,

estimated, described or intended. Accordingly, readers should not place undue reliance on forward-

looking statements or information.

The Company's forward-looking statements and information are based on the assumptions, beliefs,

expectations and opinions of management as of the date of this news release, and other than as

required by applicable securities laws, the

Company

does

not

assume

any

obligation

to

update

forward-

looking

statements

and

information

if circumstances or management's assumptions, beliefs,

expectations or opinions should change, or changes in any other events affecting such statements or

information.

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

the policies of 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/291395