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EVER.V ·

Evergold Appoints Brian Butterworth to the Board of Directors

Management Changes

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NEWS RELEASE

Evergold Appoints Brian Butterworth to the Board of Directors

Toronto, Ontario – Thursday, February 19, 2026 - Evergold Corp. (TSX-V: EVER, WKN:A2PTHZ) (“Evergold” or

the “Company”) is pleased to announce that, effective immediately, Brian P. Butterworth has joined the board of

directors.

Mr. Butterworth is a senior mining executive with over 40 years of experience in mineral exploration, project development,

and capital markets. From 2014 to 2025, he served as President of H y-Tech Drilling Ltd., where he provided strategic

leadership and strengthened the company’s market position. His background also includes senior roles in mining

investment banking, where he led and co-managed equity financings and advised on mergers and acquisitions across the

sector. Throughout his career, Mr. Butterworth has been an active member of the Vancouver exploration and mining

community and has chaired a variety of committees for organizations such as Association for Mineral Exploration BC,

Engineers and Geoscientists BC and the Vancouver Mining Exploration Group.

About Evergold

Evergold Corp. is focused on advancing the Golden Lion project, its 100% -owned, gold-silver project in northern British

Columbia’s prolific Toodoggone mining district. At the southern end of the Golden Lion property, at the GL1 Main Zone,

previous drilling by the Company, along with historical work, has outlined a near-surface, epithermal-style gold and silver

bearing system with excellent potential for expansion along trend and down dip. The property was last explored by the

Company in 2021, when the final three holes yielded some of the most significant gold-silver intercepts ever drilled on the

property (see News January 17, 2022). To the north of the GL1 Main Zone, the property also has copper potential that is

clearly evident in historical data, and which has been realized recently elsewhere in the district.

For additional information, please contact:

Alex Walcott, P.Geo

President, CEO & Director

Tel 604.891.6200

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain “forward -looking statements” which are not comprised of historical facts. Forward - looking

statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the

effect that the Company or management expects a stated condition or result to occur. Forward -looking statements may be identified

by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking

statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risk s and

uncertainties. Although these statements are based on information currently available to the Company, the Company pro vides no

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assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forwa rd-

looking information could cause actual events, results, performance, prospects and opportunities to differ materially from th ose

expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-

looking information include, but are not limited to failure to complete the offering of convertible debentures on the terms as announced

or at all, failure to identify mineral resources, delays in obtaining or failures to obtain required governmental, environmental or othe r

project approvals, political risks, inability to fulfill the duty to accommodate First Nations, uncertainties relating to the availability and

costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in com modity

prices, delays in the development of projects, capital and operating costs varyi ng significantly from estimates and the other risks

involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on

SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward -looking information in this

news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news

release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any

intention or obligation to update or revise any forward -looking information, whether as a result of new information, future events or

otherwise, other than as required by law.