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TomaGold Signs Definitive Asset Purchase Agreement for Sale of Hazeur, Monster Lake East and Monster Lake West Properties

Mergers & Acquisitions

TSXV: LOT PRESS RELEASE

TomaGold Signs Definitive Asset Purchase Agreement for Sale

of Hazeur, Monster Lake East and Monster Lake West Properties

Montreal, Québec, July 11, 2025 ‒ TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the

“Company”) is pleased to announce that it has signed a definitive asset purchase agreement with

Northern Superior Resources Inc. (TSXV: SUP; OTCQX: NSUPF; GR: D9M1) for the sale of its wholly-owned

Hazeur, Monster Lake East and Monster Lake West properties, as previously disclosed in the press release

dated June 16, 2025.

The transaction is expected to close next week.

About TomaGold

TomaGold Corporation (TSXV: LOT) is a Canadian mineral exploration company engaged in the acquisition,

assessment, exploration and development of gold, copper, rare earth elements and lithium projects. Its

primary goal is to consolidate the Chibougamau Mining Camp in northern Quebec. In addition to the

agreements to acquire 13 properties in the camp, the Company holds interests in two gold properties in

the vicinity of the camp: Obalski and Doda Lake. TomaGold also owns a 100% interest in a lithium property

and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a

24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario throu gh a joint

venture with Evolution Mining Ltd. and New Gold Inc.

Contact:

David Grondin

President and Chief Executive Officer

(514) 583-3490

www.tomagoldcorp.com

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

results to diDer materially from those in forward-looking statements include the realization of the transaction under

the terms set out in this press release, market prices, continued availability of capital and financing, 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 diDer 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 the 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.