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FFOX.V ·

Firefox GOLD Welcomes Mr. Martin Rip to Its Board of Directors

Management Changes

FIREFOX GOLD WELCOMES MR. MARTIN RIP TO ITS BOARD OF DIRECTORS

VANCOUVER, BC – (March 12, 2026) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF) (“FireFox” or the

“Company”) is pleased to announce the appointment of Mr. Martin Rip, CPA, CA, to its board of directors.

Mr. Rip is a Chartered Professional Accountant (CPA, CA) with over 25 years’ experience in industry and

public practice providing business advice to a variety of clients, primarily in the mining sector. Most recently,

Mr. Rip served as CFO of Lumina Metals Corp., Fuerte Metals Corp. and Lumina Gold Corp. (sold to CMOC in

June 2025). He is also the former CFO of Anfield Gold Corp, Lumina Copper Corp., Lumina Royalty Corp. and

Luminex Resources Corp. In public practice, Mr . Rip worked at Grant Thornton LLP where he served as a

Senior Manager in the Assurance and Business Advisory practice. He holds a law degree from the University

of Birmingham and is a member of the Chartered Professional Accountants of British Columbia and The

Institute of Chartered Accounta nts in England and Wales. Mr. Rip has extensive experience in financial

reporting, corporate governance and internal controls compliance for public companies, as well as corporate

transactions, such as mergers and acquisitions, public listings (directly or via reverse takeover), and spin -

outs.

Patrick Highsmith, Chairman and Co -Founder of FireFox, commented on the addition to the team , “We are

very excited that Martin has accepted our invitation to join FireFox’s board. As a key leader in the Lumina group

of companies, he was surrounded by discovery and transactional success. His expertise in matters of finance and

the capital market is self -evident. In addition to his role as director, Martin will serve as chair of our audit

committee. We look forward to the benefits of Martin’s experience in our financial reporting, internal controls,

and governance as we grow and develop our portfolio of assets.”

Corporate Update

In association with additions to the team, FireFox also announces that it has granted 300,000 stock options

at an exercise price of $0.85 to certain consultants, directors, and employees of the Company. The options

were issued at a premium to the closing share price on the trading day preceding the stock option grant

($0.84). These stock options have been granted pursuant to the Company’s stock option plan and will expire

five years from the date of grant.

About FireFox Gold

FireFox Gold Corp is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also

trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has

been exploring for gold in Finland since 2017 on a large portfolio of ground prospective for high-grade gold

deposits. The delineation of multiple gold zones at the Company’s 100% -held Mustaja rvi Project is paving

the way for the discovery of Finland’s next major gold deposit.

Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent

exploration results in the country have highlighted its prospectivity, and FireFox maintains a portfolio of

several 100%-owned gold exploration projects and one project that is the subject of an earn -in agreement

with Agnico Eagle Mines Ltd. FireFox is also proud to have a Finland based CEO and technical team.

For more information, please refer to the Company’s website and profile on the SEDAR+ website at

www.sedarplus.ca.

On behalf of the Board of Directors,

“Carl Löfberg”

Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: [email protected]

Telephone: +1-778-938-1994

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept

responsibility for the adequacy or accuracy of the content of this release.

Forward Looking Statements

The information herein contains forward looking statements that are subject to a number of known and unknown

risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in

our forward-looking statements. Factors that could cause such differences include changes in world commodity

markets, equity markets, the extent of work stoppage and economic impacts that may result from illness, extreme

weather, changes in government and changes to regulations affecting the mining industry. Although we believe the

expectations reflected in our forward-looking statements are reasonable, results may vary.

The forward -looking statements contained herein represent the expectations of FireFox as of the date of

dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance

on forward-looking statements and should not rely upon this information as of any other date. FireFox does not

undertake to update this information at any particular time except as required in accordance with applicable laws.