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ZAU.V ·

Zodiac Gold Grants Stock Options

Share Capital & Compensation

Zodiac Gold Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Zodiac Gold Inc.

(TSXV: ZAU) ("

Zodiac

Gold

" or the "

Company

"), a West- African gold exploration company, announces that, effective May 9,

2025, it has granted to its directors and

officers an aggregate of 4,500,000 stock options ("Options") of

the Company, pursuant to the Company's Omnibus equity incentive plan. The Options have an exercise

price of C$0.10 per Option, vest immediately and have a ten-year term from the grant date.

About Zodiac Gold

Zodiac Gold Inc. (TSXV: ZAU) is a West-African gold exploration company focused on its flagship Todi

Project situated in Liberia-an underexplored, politically stable, mining friendly jurisdiction hosting several

large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi Shear Zone, Zodiac

Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast

2,316 km2 land package. The Todi gold project has undergone de-risking, showcasing proven gold

occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and

high-grade gold intercepts.

For further information, please visit the Zodiac Gold website at

www.zodiac-gold.com

or contact:

David Kol

President & CEO

[email protected]

Forward Looking Information

This news release includes certain "forward-looking statements" within the meaning of Canadian

securities legislation.

Forward-looking statements include predictions, projections, and forecasts and are often, but not always,

identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast",

"expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event

or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions

and includes the negatives thereof. All statements other than statements of historical fact included in this

release, including, without limitation, statements regarding the Company's planned exploration programs

and drill programs and potential significance of results are forward-looking statements that involve

various risks and uncertainties. There can be no assurance that such statements will prove to be

accurate and actual results and future events could differ materially from those anticipated in such

statements. Forward-looking statements are based on a number of material factors and assumptions.

Important factors that could cause actual results to differ materially from Company's expectations include

actual exploration results, changes in project parameters as plans continue to be refined, results of future

resource estimates, future metal prices, availability of capital, and financing on acceptable terms,

general economic, market or business conditions, uninsured risks, regulatory changes, defects in title,

availability of personnel, materials, and equipment on a timely basis, accidents or equipment

breakdowns, delays in receiving government approvals, unanticipated environmental impacts on

operations and costs to remedy same, and other exploration or other risks detailed herein and from time

to time in the filings made by the Company with securities regulators. Although the Company has

attempted to identify important factors that could cause actual actions, events, or results to differ from

those described in forward-looking statements, there may be other factors that cause such actions,

events, or results to differ materially from those anticipated. There can be no assurance that forward-

looking statements will prove to be accurate, and accordingly readers are cautioned not to place undue

reliance on forward-looking statements.

The securities described herein have not been, and will not be, registered under the United States

Securities Act, or any state securities laws, and accordingly may not be offered or sold within the

United States except in compliance with the registration requirements of the U.S. Securities Act and

applicable state securities requirements or pursuant to exemptions therefrom. This news release does

not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

Neither 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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/251744