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FNAU.CN ·

Four Nines GOLD Announces $4.25 Million Non-Brokered Private Placement

Financings

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FOUR NINES GOLD ANNOUNCES $4.25 MILLION NON-BROKERED PRIVATE

PLACEMENT

VANCOUVER, BRITISH COLUMBIA, MAY 20, 2026, Four Nines Gold Inc. ( “Four Nines” or the “Company”)

(CSE: FNAU, OTCID: FNAUF) is pleased to announce that it intends to undertake a non -brokered private

placement (the “Private Placement”) of units of the Company (each, a “Unit”) to raise gross proceeds of up

to CAD $4.25 million.

Each Unit is priced at CAD $0. 35 per Unit, with each Unit consisting of one common share in the capital of

the Company (each, a “Share”) and one-half of one transferable share purchase warrant (each whole warrant,

a “Warrant”). Each Warrant is exercisable into one Share (each, a “ Warrant Share”) at a price of $0. 60 per

Warrant Share for a period of two (2) years from the issuance date. The Warrants will be subject to an

acceleration right in favor of the Company whereby, in the event that the Shares trade at a price on the

Canadian Securities Exchange (the “CSE”) (or such other exchange on which the Shares may be traded at such

time) of $1.00 or greater per Share for a minimum period of 10 consecutive trading days after four months

and one day from the closing of the Private Placement, the Company may accelerate the expiry of the

Warrants by giving notice to the holders thereof (by public news release and email to registered holders

advising of the acceleration of the expiry date of the Warrants) and, in such case, the Warrants will expire on

the tenth (10th) business day after the date of such notice.

The gross proceeds from the sale of the Units will be used for general working capital purposes, as well as

mineral exploration and advancement of the Company’s Hayden Hill gold-silver project.

The Private Placement is subject to certain conditions including, but not limited to, clearing any comments

that may be received during the standard prescribed period as required by CSE policies. Finder’s fees may be

payable in connection with the Private Placement.

About Four Nines Gold Inc.

Four Nines Gold Inc. has an experienced exploration team and the right to acquire 100% of the Hayden Hill

Mine from a Kinross Gold U.S.A., Inc. subsidiary. The Company is exploring and developing a project in mining-

friendly Northern California. Hayden Hill is a former producing gold mine that was explored through 99,862

meters of drilling in 742 holes and for which there has been no systematic exploration since the mine closed

in 1997. The Hayden Hill project is located on private land, and drill permits for the initial exploration

program have been received from Lassen County. For more information, please contact the Company at

[email protected] or visit our website at www.fourninesgold.ca for project updates and related

background information.

ON BEHALF OF THE BOARD OF DIRECTORS

FOUR NINES GOLD INC.

Charles Ross

President

1600 - 409 Granville Street

Vancouver, BC, V6C 1T2

Tel: 604.602.0001

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Forward-looking statements

This press release contains forward-looking statements and forward-looking information within the meaning

of Canadian securities laws (collectively, “forward -looking statements”). Statements and information that

are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not

always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”,

“possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or

“should” occur or be achieved. Forward -looking statements and the assumptions made in respect thereof

involve known and unknown risks, uncertainties, and other factors beyond the Company’s control. Forward-

looking statements in this press release include statements regarding the private placement, including the

ability of the Company to close the financing, raise funds as expected, and to utilize those funds on a post -

closing basis. Mineral exploration is highly speculative and characterized by several significant risks, which

even a combination of careful evaluation, experience and knowledge may not eliminate. Forward -looking

statements in this press release are made as of the date herein. Although the Company believes that the

assumptions and factors used in preparing the forward -looking statements in this press release are

reasonable, undue reliance should not be placed on such statements. The Company undertakes no obligation

to update publicly or otherwise revise any forward -looking statements, whether as a result of new

information or future events or otherwise, except as may be required by law.