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Austral Gold Announces Filing of 2025 Annual Report

Financials

Austral Gold Announces Filing of 2025 Annual

Report

Sydney, Australia--(Newsfile Corp. - March 27, 2026) -

Established gold producer Austral Gold

Limited

(ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) (Austral or the Company) is pleased to

announce that it has filed its 2025 Annual Report for the year ended 31 December 2025 ("FY25"). The

complete Report is available under the Company's profile at

www.asx.com.au

,

www.sedarplus.ca

and on

the Company's website at

australgold.com

.

FY25 Highlights

Reopening of the Casposo Mine (Argentina)

during FY25, contributing 4,283 GEOs in Q4.

Combined with 11,109 GEOs from the Guanaco Mine Complex (Chile), total FY25 production was

15,392 GEOs.

Profit after tax of US$14.7 million

(FY24: loss of US$27.1 million), representing the first net profit

since FY20.

Net cash generated from operating activities of US$9.3 million

, compared with net cash used

in operating activities of US$6.5 million in FY24.

Average realised price of US$3,576 per GEO

, C1 cash cost of US$2,264 per GEO, and AISC

of US$2,501 per GEO.

Cash and cash equivalents of US$10.5 million

(FY24: US$3.6 million).

Financial debt of US$26.6 million

(FY24: US$26.6 million) and

net financial debt of US$16.0

million

(FY24: US$23.0 million).

Post year-end:

Sold 6,588,761 shares of Unico Silver

for net proceeds of

US$4.7 million

. Of this amount,

US$2.7 million were used

to exercise 15 million options at A$0.26 per share to acquire 15

million Unico shares.

Private placement

raised gross proceeds of

A$8.456

million (approximately US$5.9 million)

with commitments received on 17 February 2026 and closed on 23 February 2026.

About Austral Gold

Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the

Americas based on three strategic pillars: production, exploration and equity investments. Austral

continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing

and exploration assets. Under its equity investments pillar, Austral holds shares in ASX-listed Unico

Silver.

For more information, please visit the Company's website at

www.australgold.com

.

Neither 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.

Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.

For additional information please contact:

David Hwang

Jose Bordogna

Joint Company Secretary

Chief Financial Officer and Joint Company

Secretary

Austral Gold Limited

Austral Gold Limited

[email protected]

[email protected]

+61 433 292 290

+61 466 892 307

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements. Forward-

looking statements are statements that are not historical, and consist primarily of projections and

statements regarding future plans, expectations and developments. Words such as "expects", "intends",

"plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar

expressions are intended to identify forward-looking statements. The forward-looking statements in this

news release and the 2025 Annual Report include, but are not limited to, statements regarding the

Company's expected operational performance, including 2026 production guidance, planned exploration

activities, regarding the Company's ability to deliver meaningful growth in FY26 and beyond, the

outcomes and assumptions reflected in the October 2025 Casposo Technical Report, the expected

benefits of the toll treatment agreement executed with Challenger Gold, which is intended to support

plant utilisation at Casposo over a three year period commencing in 2026, and the timing of the release

of an updated Technical Report for Guanaco.

All of these forward-looking statements 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 expressed or

implied, including, without limitation, uncertainty of exploration programs, development plans and cost

estimates, commodity price fluctuations; political or economic instability and regulatory changes;

currency fluctuations, the state of the capital markets, uncertainty in the measurement of mineral

resources and reserves; and other risks and hazards related to the exploitation and development of

mineral properties, as well as the availability of capital. You are cautioned that the foregoing list is not

exhaustive of all factors and assumptions which may have been used.

Austral cannot assure that actual results, performance or outcomes will be consistent with these forward-

looking statements, and management's assumptions may prove to be incorrect. Forward-looking

statements reflect the Company's current expectations regarding future events and operating

performance and speak only as of the date hereof and Austral does not assume any obligation to update

forward-looking statements if circumstances or management's beliefs, expectations or opinions should

change other than as required by applicable law. For the reasons set forth above, readers should not

place undue reliance on forward-looking statements.

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

https://www.newsfilecorp.com/release/290194