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Batero Gold Adopts Advance Notice Policy for Director Elections

Shareholder Meetings

Batero Gold Adopts Advance Notice Policy for Director Elections

Vancouver, British Columbia – July 17, 2026 – Batero Gold Corp. (TSXV: BAT) (FSE: 68B)

(OTC Pink: BELDF ) (the “Company” or “Batero”) is pleased to announce the adoption by its

board of directors of an advance notice policy (the “Advance Notice Policy”) regarding director

elections.

The purpose of the Advance Notice Policy is to provide shareholders, directors, the chief

executive officer, the president, the chief financial officer, vice presidents and any other officers

of the Company with a clear framework for nominating directors of the Company. The Advance

Notice Policy fixes a deadline by which director nominations must be submitted to the Company

prior to any annual or special meeting of shareholders and sets forth the information that must be

included in the notice to the Company for the notice to be in proper written form in order for any

director nominee to be eligible for election at any annual or special meeting of shareholders.

In the case of an annual meeting of shareholders, notice to the Company must be made not less

than 30 days and not more than 65 days prior to the date of the annual general meeting. If the

annual general meeting is being held on a date that is less than 50 days after the first public

announcement of the meeting date, notice may be made not later than the close of business on

the tenth day following such public announcement.

In the case of a special meeting of shareholders called for the purpose of electing directors

(whether or not called for other purposes), notice to the Company must be made not later than

the close of business on the 15th day following the day on which the first public announcement of

the meeting date was made.

The Advance Notice Policy is now in effect and will apply in connection with the Company’s next

annual general meeting (the “Shareholders’ Meeting”) scheduled to be held on August 28, 2026.

The Company intends to seek shareholder approval and ratification of the Advance Notice Policy

at the Shareholders’ Meeting. If the Advance Notice Policy is not approved and ratified by ordinary

resolution of the Company’s shareholders at the Shareholders’ Meeting, then it will terminate and

be void and of no force or effect following the termination of the Shareholders’ Meeting.

A full description of the Advance Notice Policy will be contained in the information circular to be

prepared for the Shareholders’ Meeting and mailed to the Company’s shareholders. A copy of the

Advance Notice Policy is available on SEDAR+ under the Company’s profile at www.sedarplus.ca

and on the Company’s website at www.baterogold.net.

About Batero Gold Corp.

Batero is a precious and base metals exploration Company. The Company’s objective is to

develop the La Cumbre Gold Project in Risaralda, Colombia. La Cumbre is located within the

Company’s 100% owned Batero-Quinchia Gold Project, which sits within Colombia’s emerging

and prolific Mid Cauca gold and copper belt.

For further information please contact:

Diego Lasso Orjuela

Email: [email protected]

Tel: + 57 6046041948

Website: www.baterogold.net

ON BEHALF OF THE BOARD

Diego Heilbrunn Navarro-Grau

Director and Chief Executive Officer

Batero Gold Corp.

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 press release.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release contains certain forward-looking information and forward-looking statements

as defined in applicable securities laws (collectively referred to as “forward-looking statements”).

These statements relate to future events or the Company’s future plans, objectives and

expectations. All statements other than statements of historical fact are forward-looking

statements. These statements involve known and unknown risks, uncertainties and other factors

that may cause actual results or events to differ materially from those anticipated in such forward-

looking statements. Forward-looking statements in this news release include, without limitation,

statements regarding the application of the Advance Notice Policy in connection with future

meetings of shareholders, the Company’s intention to seek shareholder approval and ratification

of the Advance Notice Policy at its next annual general meeting, and the effectiveness of the

Advance Notice Policy, including following shareholder approval and ratification.

By their nature, forward-looking statements and information involve assumptions, inherent risks

and uncertainties, many of which are difficult to predict and are usually beyond the control of

management, that could cause actual results to be materially different from those expressed by

these forward-looking statements and information. Forward-looking information and statements

are based on various assumptions, including, without limitation, assumptions that the Company

will hold its next annual general meeting as anticipated and that shareholders will approve and

ratify the Advance Notice Policy. Such assumptions, although considered reasonable by

management, are inherently subject to significant business, economic and competitive

uncertainties and contingencies. The Company believes that the expectations reflected in this

forward-looking information are reasonable, but no assurance can be given that these

expectations will prove to be correct. Readers and investors should not place undue reliance on

such statements.

Certain risks which could impact the Company are discussed under the heading “Risks and

Uncertainties” in the Company’s most recent MD&A available at SEDAR+ at www.sedarplus.ca.

Forward-looking information and statements contained in this news release are made as of the

date of this news release and accordingly are subject to change after such date. Except as

required by law, the Company disclaims any obligation to revise any forward-looking information

and statements to reflect events or circumstances after the date of such information and

statements. All forward-looking information and statements contained or incorporated by

reference in this news release are qualified by the foregoing cautionary statements.