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AZS.V ·

Arizona GOLD & Silver Enters into Investor Relations Agreement

Marketing Announcement

NEWS RELEASE

ARIZONA GOLD & SILVER ENTERS INTO INVESTOR RELATIONS AGREEMENT

Vancouver, British Columbia , October 22 2025, Arizona Gold & Silver Inc.  (TSXV: AZS) 

(OTCQB:AZASF) The Company wishes to announce that it has entered into an investor relations contract

dated October 1, 2025 (the “ Agreement”) with Rose Athena Allan-McCachen (the “Consultant”), pursuant

to which the Consultant has agreed, effective October 1 2025, to provide corporate communications, investor

relations, marketing strategy, business development and related duties to the Company. The first three months

of the term are a probationary period during which either party may terminate the Agreement.

Pursuant to the Agreement and subject to the approval of the TSX Venture Exchange (the “Exchange”), the

Company will issue the Consultant 50,000 stock options after the probationary period for a term of five

years. The options will vest one quarter upon the date of grant, one quarter after six months, one quarter after

12 months and the remainder after 24 months. The Company will also pay the Consultant annual cash fee of

$60,000 payable in monthly installments, which the Company intends to pay out of its general working

capital account.

The Company and the Consultant act at arm’s length, and the Consultant has no present interest, directly or

indirectly, in the Company or its securities, or any right or present intent to acquire such an interest.

The Investor Relations Agreement and the granting of stock options are subject to the approval of the

Exchange. The Consultant has agreed to comply with all applicable securities laws and the policies of the

Exchange in providing the services to the Company.

About Arizona Gold & Silver Inc.

Arizona Gold & Silver Inc. is a leading exploration company focused on uncovering precious metal resources

in Arizona and Nevada. With a commitment to sustainable practices and innovative exploration techniques,

the company aims to drive value for stakehol ders while prioritizing environmental stewardship. The flagship

asset is the Philadelphia gold -silver property where the Company is drilling off an epithermal gold -silver

system ahead of an initial resource calculation.

On behalf of the Board of Directors:

ARIZONA GOLD & SILVER INC.

Mike Stark, President and CEO, Director

Phone: (604) 833-4278

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.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This news release includes certain forward -looking statements or information. All statements other than

statements of historical fact included in this release are forward-looking statements that involve various risks

and uncertainties. Forward-looking statements in this news release include statements in relation to the timing,

cost and other aspects of the 2025 exploration program; the potential for development of the mineral resources;

the potential mineralization and geological merits of the exploration properties; and other future plans,

objectives or expectations of the Company. There can be no assurance that such statements will prove to be

accurate and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from the Company's plans or expectations

include the risk that actual results of current and planned exploration activities, including the results of the

Company's 2025 drilling program(s) on its properties, will not be consistent with the Company's expectations;

the geology, grade and continuity of any mineral deposits and the risk of unexpected variations in mineral

resources, grade and/or recovery rates; fluctuating m etals prices; possibility of accidents, equipment

breakdowns and delays during exploration; exploration cost overruns or unan ticipated costs and expenses;

uncertainties involved in the interpretation of drilling results and geological tests; availability of capital and

financing required to continue the Company's future exploration programs and preparation of geological

reports and studies; delays in the preparation of geological reports and studies; the metallurgical characteristics

of mineralization contained within the exploration properties are yet to be fully determined; general economic,

market or business conditions; compe tition and loss of key employees; regulatory changes and restrictions

including in relation to required permits for exploration activities (including drilling permits) and

environmental liability; timeliness of government or regulatory approvals; and other risks detailed herein and

from time to time in the filings made by the Company with securities regulators. In connection with the

forward-looking information contained in this news release, the Company has made numerous assumptions,

including that the Com pany's 2025 programs would proceed as planned and within budget. The Company

expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as

a result of new information, future events or otherwise, except as otherwise requ ired by applicable securities

legislation.