Kestrel Grants Options to its Directors and Officer

NEWS RELEASE

Kestrel Grants Options to its Directors and Officer

Calgary, AB, September 4, 2025: Kestrel Gold Inc. (“Kestrel” or the “Corporation”, TSX-V: KGC)

announces that it has granted to its directors and officer options to purchase in the aggregate

4,000,000 Common Shares at an exercise price of $0.065 per share, which options will expire on

September 15, 2030.

About Kestrel Gold

Kestrel Gold Inc. is an exploration company headquartered in western Canada and focused on

the Canadian Cordillera. Kestrel has earned a 100% interest, subject to a 2% NSR royalty with

buydown provisions, in the QCM Property which is an orogenic gold target located in the Manson-

Germanson placer district. Kestrel has also earned a 100% interest, subject to a 2.5% NSR royalty

with buydown provisions, in the KSD Property which is an orogenic gold target located in the

Yukon portion of the Tintina Gold Belt. Kestrel is listed on the TSX Venture exchange under the

symbol KGC. Readers are encouraged to refer to the Corporation’s website

“www.kestrelgold.com” for further information.

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 RELEASE.

For further information contact:

Pat Lynch, President and CEO

Office: (403) 660-3329

Email: [email protected]