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QGR.V ·

Q-Gold Announces Appointment of Stan Bharti as Executive Chairman

Management Changes

Q-Gold Announces Appointment of Stan Bharti as Executive Chairman

TORONTO, April 07, 2025 -- Q-Gold Resources Ltd. (TSXV: QGR, OTC: QGLDF) (“ Q-Gold” or the “Company”) announces

today the appointment of Stan Bharti as its Executive Chairman, effective immediately.

Mr. Bharti is a professional engineer, international financier, and seasoned entrepreneur. He has more than 35 years of

experience in business, finance, markets, and operations. He has amassed over $3 billion worth of investment capital for the

companies that he has worked with. Mr. Bharti has been pivotal in acquiring, financing, restructuring and building dozens of

established companies and bright start-ups throughout North America, South America, Africa and Australia.

Dr. Andreas Rompel, the Company’s Chief Executive Officer, commented, "We are delighted to welcome Mr. Bharti as our

new Executive Chairman. With his extensive experience and proven leadership in the mining industry, we expect Mr. Bharti

will be instrumental in guiding our strategic growth and strengthening our position in the market. We look forward to working

closely with him as we continue to create value for our stakeholders."

Mr. R Bryce will step down as chairman, but remain on the board as an independent director.

About Q-Gold

Q-Gold (TSXV: QGR, OTC: QGLDF) is a publicly traded Canadian-based mineral exploration company targeting high-grade

gold and silver discoveries in multiple jurisdictions. Q-Gold is currently exploring for gold at the past-producing Foley Gold

Mine in Mine Centre, Ontario.

For further information, contact:

Dr. Andreas Rompel

Chief Executive Officer

[email protected]

Cell: +1 778 987 9114

Cautionary Notes

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.