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LOT.V ·

TomaGold Announces Proposed Private Placement

Financings

TSXV: LOT OTCPK: TOGOF PRESS RELEASE

TomaGold Announces Proposed Private Placement

Montreal, Québec, April 15, 2026 ‒ TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF)

(“TomaGold” or the “Company”) announces that, subject to the receipt of all required filings with and

approvals from the TSX Venture Exchange (the “TSXV”), it intends to complete a non-brokered private

placement for gross proceeds of up to $1,500,000 (the “ONering”). The OLering will consist of up to

10,000,000 flow-through units of the Company (“FT Units”) at a price of $0.075 per FT Unit, and up to

12,500,000 hard cash units (the “HC Units”) at a price of $0.06 per HC Unit.

Each HC Unit will consist of one common share in the capital of the Company and one-half of one share

purchase warrant (each whole warrant, a “Warrant”), with each Warrant entitling the holder thereof to

purchase one additional common share at a price of $0.10 for a period of 24 months from the date of

issuance. Each FT Unit will consist of one common share in the capital of the Company that will qualify as

a “flow-through share” for the purposes of the Income Tax Act (Canada) (each, a “FT Share”) and one-half

of one Warrant.

The Company intends to use the gross proceeds from the sale of the FT Units to incur exploration expenses

that are eligible “Canadian exploration expenses” that qualify as “flow-through critical mineral mining

expenditures”, as such terms are defined in the Income Tax Act (Canada). The net proceeds from the sale

of the HC Units will be used by the Company for general and corporate working capital purposes.

The Company will pay a finder’s fee in cash and issue broker warrants in connection with the OLering

equal to 6% of the gross proceeds received from subscribers introduced to the Company by arm’s-length

finders.

The securities issued under the OLering, including the common shares underlying the Warrants, will be

subject to a hold period of four months and one day, under applicable Canadian securities laws and the

concurrent TSXV hold period pursuant to the policies of the TSXV, if applicable. The OLering is subject to

the approval of the TSXV.

This news release does not constitute an o5er to sell or a solicitation of an o5er to buy any of the securities

in the United States. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not

be o5ered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined

in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and

applicable state securities laws or an exemption from such registration is available.

About TomaGold

TomaGold Corp. (TSXV: LOT, OTCPK: TOGOF) is a Canadian junior mining company focused on the

acquisition, exploration, and development of high-potential precious and base metal projects, with a

primary focus on gold and copper in Québec and Ontario. The Company’s core assets are located in the

Chibougamau Mining Camp in northern Québec, where it owns the Obalski gold-copper-silver project and

holds options to acquire 12 additional properties, including the Berrigan Mine, Brosnan, Radar and Dufault

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projects. TomaGold also holds a 24.5% joint venture interest in the Baird gold property near the Red Lake

Mining Camp in Ontario. In addition, the Company has lithium and rare earth element (REE) projects in the

James Bay region, strategically positioned near significant recent discoveries.

Contact:

David Grondin

President and Chief Executive Officer

(514) 583-3490

www.tomagoldcorp.com

Follow TomaGold:

WhatsApp: https://www.whatsapp.com/channel/0029Vb79qG6LdQeiiErI1e27

LinkedIn: https://www.linkedin.com/company/tomagold-corporation

Facebook: https://www.facebook.com/TomaGoldCorporation

Instagram: https://www.instagram.com/tomagoldcorp

X: https://x.com/tomagoldcorp

Cautionary Statement on Forward-Looking Information

This news release includes certain statements that may be deemed “forward -looking statements” . All

statements in this news release, other than statements of historical facts, that address events or

developments that the Company expects to occur, are forwar d-looking statements. Forward-looking

statements are statements that are not historical facts and are generally, but not always, identified by the

words “expects” , “plans” , “anticipates” , “believes” , “intends” , “estimates” , “projects” , “potential” and

similar expressions, or that events or conditions “will” , “would” , “may” , “could” or “should” occur. Although

the Company believes the expectations expressed in such forward -looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance and actual results

may di5er materially from those in the forward-looking statements. Factors that could cause the actual

results to di5er materially from those in forward-looking statements include the failure to obtain TSXV

approval for the O5ering, the inability to complete the O5ering in whole or in part, the Company's ability to

incur eligible expenditures and renounce qualifying Canadian exploration expenses in respect of the FT

Units, continued availability of capital and financing, market prices, and general economic, market or

business conditions. Investors are cautioned that any such statements are not guarantees of future

performance and actual results or developments may di5er materially from those projected in the forward-

looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the

Company's management on the date the statements are made. Except as required by applicable securities

laws, the Company undertakes no obligation to update these forward-looking statements in the event that

management’s beliefs, estimates, opinions, or other factors should change.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies

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