Sylla GOLD Announces Non-Brokered Private Placement of Units FOR up to $2,300,000

Sylla Gold Corp

1550 Bedford Highway, Suite 802

Bedford, Nova Scotia, Canada B4A 1E6

(902) 233-4381

SYLLA GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

OF UNITS FOR UP TO $2,300,000

January 28, 2026 – Bedford, Nova Scotia – Sylla Gold Corp. ( "Sylla" or the "Company") (TSXV:

SYG) (OTCQB:SYGCF) is pleased to announce its intention to complete a non- brokered private

placement of up to $2,300,000 through the issuance of up to 46,000,000 units in the capital of the Company

(the "Units") at a price of $0.05 per Unit (the "Offering"). Gross proceeds of the Offering are expected to

be used to advance exploration and permitting objectives for the Company’s Niaouleni Gold Project and

for working capital and general corporate purposes, including, as applicable, the payment of accounts

payable and the repayment of loans.

Each Unit consists of one common share in the capital of the Company (each, a " Common Share") and

one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to

acquire one Common Share at a price of $ 0.05 per Common Share for a period of two (2) years from the

date of issuance.

The net proceeds of the Offering are intended to position the Company to proceed with the renewal of its

flagship Deguefarakole licence including approval of associated work programs as well as facilitating the

exercise of option agreements on the remaining three licences within the Company’s highly prospective

Niaouleni land package. Such consolidation of these licences represents a significant step toward unlocking

the district- scale potential of Niaouleni, which is strategically located within the Koulikoro Region of

southwest Mali, a well-endowed gold belt, proximal to several advanced-stage deposits and development

projects.

In connection with the Offering, the Company may pay certain eligible finders a cash commission equal to

7% of the gross proceeds of the Offering and may issue such number of finder’s warrants (each, a “Finder

Warrant”) as is equal to 7% of the Units sold pursuant to the Offering. Each Finder Warrant will entitle

the holder thereof to acquire one Common Share at a price of $0.05 per Common Share until the date that

is two (2) years from the date of issuance.

Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including

the approval of the TSXV. All securities issued in connection with the Offering will be subject to a hold

period of four months plus a day from the date of issuance and the resale rules of applicable securities

legislation.

For more information, please contact:

Regan Isenor

President and Chief Executive Officer

Tel: (902) 233-4381

Email: [email protected]

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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.

This news release contains certain “forward -looking information” within the meaning of applicable

securities laws. Forward looking information is frequently characterized by words such as “plan”,

“expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”,

“proposed” and other similar words, or statements that certain events or conditions “may” or “will”

occur. These statements are only predictions. Forward- looking information is based on the opinions and

estimates of management at the date the information is provided, and is subject to a variety of risks and

uncertainties and other factors that could cause actual events or results to differ materially from those

projected in the forward -looking information. For a description of the risks and uncertainties facing the

Company and its business and affairs, readers should refer to the Company’s Management’s Discussion

and Analysis. The Company undertakes no obligation to update forward -looking information if

circumstances or management’s estimates or opinions should change, unless required by law. The reader

is cautioned not to place undue reliance on forward-looking information.