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A2 GOLD Announces Completion of Warrant Exercise Incentive Program Tonopah, NEV. ,

Financings Share Capital & Compensation

A2 GOLD ANNOUNCES COMPLETION OF WARRANT

EXERCISE INCENTIVE PROGRAM

TONOPAH, Nev.

,

Jan. 30, 2026

/CNW/ -

A2Gold Corp. ("A2Gold" or the "Company")

(TSX-V: AUAU) (OTCQX: AUXXF) (FWB:

RR7) is pleased to announce that, further to its news release of

December 29, 2025

, it has completed its previously announced

warrant exercise incentive program (the "

Incentive Program

") receiving

$5,800,480

from the exercise of 8,286,400 previously

issued and outstanding common share purchase warrants (the "

Eligible Warrants

"). The Eligible Warrants were exercisable at

$0.70

per common share and were originally issued in connection with a non-brokered private placement of units completed by the

Company on

September 5, 2025

.

Under the terms of the Incentive Program, each holder who exercised an Eligible Warrant during the Incentive Period received, for

each Eligible Warrant exercised, one third (1/3) of an additional common share purchase warrant (an "

Incentive Warrant

"). Each

whole Incentive Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of

$1.00

per share for a period of 12 months from the date of issuance. On completion of the Incentive Program, the Company issued a

total of 2,762,137 Incentive Warrants.

The Incentive Warrants, and the common shares issued upon exercise thereof, are subject to a statutory hold period of four

months and one day from the date of issuance of the Incentive Warrants expiring on

May 29, 2026

.

The Eligible Warrants that remain unexercised pursuant to the Incentive Program continue to be exercisable on their original terms

until the expiry date of

March 5, 2027

.

The Incentive Program is subject to certain conditions, including the receipt of all necessary regulatory approvals, including the final

approval of the TSX Venture Exchange.

The proceeds from the Incentive Program will be used for increased drilling at Eastside and general corporate purposes.

Certain insiders of the Company exercised their Eligible Warrants and received an aggregate of 11,217 Incentive Warrants

pursuant to the Incentive Program. The participation by such insiders in the Incentive Program constituted a "related party

transaction" as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.

United States Securities Law Disclosure

The securities to be issued pursuant to the Incentive Program have not been, and will not be, registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act"), or any applicable U.S. state securities laws, and may not be

offered or sold within

the United States

or to, or for the account or benefit of, U.S. persons unless registered under the U.S.

Securities Act and applicable state laws or pursuant to available exemptions therefrom. This press release does not constitute an

offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer, solicitation or sale would be

unlawful. 

ABOUT A2GOLD CORP

A2Gold Corp. owns three highly prospective gold projects in

the United States

all of which are in the mining-friendly jurisdiction of

Nevada

. A2Gold's flagship, district-scale Eastside Gold-Silver Project hosts a large and expanding gold and silver resource and is

in an area of excellent infrastructure. Preliminary metallurgical testing indicates that both oxide and sulphide gold mineralization at

Eastside is amenable to heap leaching.

ON BEHALF OF THE BOARD

Peter Gianulis

, CEO

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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.

Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of

applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which

are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995

provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold

exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource

estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including

anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and

expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking

statements are statements and information regarding possible events, conditions or results of operations that are based upon

assumptions about future economic conditions and courses of action. All statements and information other than statements of

historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of

words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict",

"potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting

future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors

and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results,

performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information.

You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known

risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements

are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated

January 24, 2018

, as filed with the TSX

Venture Exchange and available on SEDAR under A2Gold's profile at

www.sedar.com

. Actual results and future events could differ

materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking

statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as

otherwise required by applicable law.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of

1933, as amended, and may not be offered or sold within

the United States

or to, or for the account or benefit of, U.S. persons

absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any

public offering of securities in

the United States

must be made by means of a prospectus containing detailed information about the

company and management, as well as financial statements.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/a2-gold-announces-completion-of-warrant-exercise-incentive-program-302674705.html

SOURCE

A2 Gold Corp

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2026/30/c1256.html

%SEDAR: 00044032E

For further information:

For more information contact: [email protected]

CO: A2 Gold Corp

CNW 09:15e 30-JAN-26