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JZR.V ·

JZR GOLD Announces Extension to Previously Granted Options

Share Capital & Compensation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,

DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO

THE UNITED STATES.

JZR GOLD INC.

February 10, 2026 TSXV: JZR

JZR GOLD ANNOUNCES EXTENSION TO PREVIOUSLY GRANTED OPTIONS

Vancouver, British Columbia, Canada – JZR Gold Inc. (the “ Company” or “ JZR”) (TSX-V: JZR ) today

announces that subject to applicable shareholder and TSX Venture Exchange approvals, the Board of Directors

of the Company has approved the amendment of an aggregate of 725,000 incentive stock options (the “Amended

Options”) previously granted to certain directors, officers, employees and consultants of the Company under the

Company’s Equity Incentive Plan (the “Option Amendments”). Pursuant to the Option Amendments, the expiry

date has been extended to February 12, 2031, with no change to the exercise price.

For further information, please contact:

Robert Klenk

Chief Executive Officer

E: [email protected]

T: 604.329.9092

Forward-Looking Statements

This news release contains forward-looking statements, which includes any information about activities, events or developments that

the Company believes, expects or anticipates will or may occur in the future. Forward-looking statements in this news release include

statements with respect to the anticipated use of proceeds from the exercise of the Warrants. Forward-looking information reflects the

expectations or beliefs of management of the Company based on information currently available to it. Forward-looking information is

subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or

achievements of the Company to be materially different from those expressed or implied by such forward-looking information. These

factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the

mineral exploration industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes

in interest and currency exchange rates; risks related to inaccurate geological and engineering assumptions; risks relating to unanticipated

operational difficulties (including failure of equipment or processes to operate in accordance with the specifications or expectations,

unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances

or other job action and unanticipated events related to health, safety and environmental matters); risks related to adverse weather

conditions; geopolitical risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other

risk factors as detailed from time to time in the Company’s continuous disclosure documents filed with the Canadian securities

regulators. The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary

statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities

laws.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture

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

None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or

any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the

United States or “U.S. persons” (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an

exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer

to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be

unlawful.