Options Granted

12 Mitchell Road

Flin Flon, Manitoba R8A 1N1

Tel: 204-687-3500

Email: [email protected]

Website: BorealGold.ca

BGLD (CSE)

BOREAL GOLD INC. GRANTS INCENTIVE STOCK OPTIONS

Flin Flon, Manitoba, March 19, 2026 –Boreal Gold Inc (CSE:BGLD) (“Boreal” or the “Company”)

announces that it has granted an aggregate of 1,300,000 stock options to its directors, officers

and consultants for the purchase of up to 1,300,000 common shares of the Company pursuant

to its Stock Option Plan approved by the company’s shareholders at the Annual General

Meeting held on February 6, 2026. Each option is exercisable for a period of 5 years from the

date of grant at a price of $0.23 per common share. The options vest immediately and are

subject to a statutory hold period of four months and one day.

About Boreal Gold Inc

Boreal Gold Inc is a Canadian junior mineral exploration company with a specific focus on

mineral properties in northwest Manitoba and northeast Saskatchewan, Canada. All of the

Issuer’s properties are currently at the exploration stage. The Issuer has assembled a portfolio of

base metal and precious metal prospects in strategic locations in the Provinces of Manitoba and

Saskatchewan.

Boreal Gold Inc

“signed”

Richard Masson

President & CEO

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for

the adequacy or accuracy of this release. Some of the statements contained in this release are

forward-looking statements, such as estimates and statements that describe the Issuer's future

plans, objectives or goals, including words to the effect that the Issuer or management expects

a stated condition or result to occur. Since forward-looking statements address future events

and conditions, by their very nature, they involve inherent risks and uncertainties.