CCM.TO · 2025-10-15 12:00:00

Canagold Appoints Vice President Permitting and Compliance

Management Changes

Vancouver, B.C. –October 15, 2025 - Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt:

CANA) (“Canagold” or the “Company”) is pleased to announce the appointment of Mr. Collen

Middleton, as Vice President Permitting and Compliance.

“I am very pleased to welcome Collen to the Canagold team,” said Catalin Kilofliski, CEO of Canagold.

“He brings a strong track record in navigating complex regulatory processes and a deep commitment to

responsible resource development. The addition of a second senior permitting officer to support Mr.

Chris Pharness, Senior Vice President of Sustainability and Permitting, further strengthens our

permitting expertise and overall team permitting capacity. We remain fully committed to advancing the

New Polaris permitting process efficiently and through meaningful stakeholder engagement.”

Collen Middleton is a Registered Professional Biologist with over 20 years of experience in

environmental consulting and regulatory permitting across western Canada. His work spans metals and

coal mining, major infrastructure, and energy projects. Specializing in pre-development permitting and

consultation, he has supported both industry and Indigenous governments. With a background in soil

and water science, reclamation, and wetlands, Collen has shared his expertise widely through

conferences and served four years on the Board of the Alberta Society of Professional Biologists.

About Canagold

Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris

Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its

asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team

of technical experts, the Company is poised to unlock substantial value for its shareholders.

“Catalin Kilofliski”

_____________________

Catalin Kilofliski, Chief Executive Officer

CANAGOLD RESOURCES LTD

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.