Arizona Gold & Silver Inc. Announces Option Grants

Arizona Gold & Silver Inc. Announces Option Grants

Vancouver, British Columbia / January 14, 2026 – Arizona Gold & Silver Inc. (the "Company"

or “Arizona Gold”) (TSX-V: AZS) (OTCQB: AZASF) The Company wishes to announce that, subject

to the approval of the TSX Venture Exchange, it has granted incentive stock options to purchase a total of

500,000 common shares at price of $1.05 for a period of five years to an officer of the Company in accordance

with the provisions of its stock option plan. The stock options will vest immediately and are subject to a four

month hold period.

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.