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EnGold Announces Adoption of Semi-Annual Financial Reporting

Corporate Actions

EnGold Announces Adoption of Semi-Annual

Financial Reporting

Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - EnGold Mines Ltd. (TSXV: EGM)

("

EnGold

" or the "

Company

") announces that it has elected to participate in the Semi-Annual Financial

Reporting Pilot (the "

SAR Pilot

") program. The SAR Pilot was introduced by the Canadian Securities

Administrators under Coordinated Blanket Order 51-933 -

Exemptions to Permit Semi-Annual

Reporting for Certain Venture Issuers

(the "

Blanket Order

"). This news release is being filed pursuant

to the Blanket Order.

The SAR Pilot permits eligible venture issuers to transition from quarterly to semi-annual financial

reporting. The Company has determined that it meets the eligibility criteria to participate in the SAR

Pilot, including that it is a venture issuer, has annual revenues of less than $10 million, has a disclosure

record of at least 12 months, and has filed all required periodic and timely disclosure documents.

As a result of this election, the Company will file interim financial reports and related management's

discussion and analysis ("

MD&A

") on a semi-annual basis, rather than quarterly. Under the Blanket

Order, the Company will be exempt from filing interim financial reports and related MD&A for its first and

third quarters. The Company's financial year-end is September 30. The initial period for which the

Company will not file a quarterly interim financial report and related MD&A will be for the nine-month

period ended June 30, 2026.

The Company will continue to file audited annual financial statements and unaudited six-month interim

financial reports and will continue to provide timely disclosure in accordance with applicable securities

laws.

About EnGold

EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company focused solely

on its 100% owned Lac La Hache property in the Cariboo region of BC which hosts the Spout Copper

Deposit, the Aurizon Gold Deposit, and the G1 Copper Deposit and other targets within a large porphyry

mineralizing system. With world-class infrastructure at its doorstep, Lac La Hache is a great location to

be exploring.

EnGold Mines Ltd.

Dale Reimer

CFO

Contact: John Brown

Email:

[email protected]

Phone: (780) 909-6630

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/311228