Vancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Alma Gold Inc. (CSE: ALMA) ("Alma Gold" or the "Company") announces that Jean-Marc Gagnon has retired from the Company's board of directors and as Vice President, Exploration, effective January 12, 2026.

Mr. Gagnon has had a long career in the mineral industry, with a particular focus on gold exploration in West Africa. His contributions to Alma Gold and to the broader exploration sector have been invaluable. The Company wishes to thank Mr. Gagnon for his contributions and dedication during his tenure with Alma Gold and wishes him the very best in his retirement. Mr. Gagnon has agreed to remain with the Company as a consultant to support an orderly transition.

The Company is in the process of evaluating candidates to fill the vacancy and will provide an update in due course.

Gregory Isenor, President and CEO of Alma Gold, stated, "I have worked with Jean-Marc for 25 years in West Africa, and he played a key role in the gold discoveries we made with Jilbey Gold, Merrex Gold, Roscan Gold and Sylla Gold. He has helped position Alma Gold with an excellent land package in Guinea that is ready to drill."

About Alma Gold Inc.

Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia. Alma Gold Inc. through its subsidiary Karita Gold Corp. is exploring the Karita West Project in northern Guinea, the Dialakoro project permits under application in the Siguiri Basin of Guinea..

For more information on Alma Gold Inc., please visit our website at: https://www.almagoldinc.ca.

On Behalf of the Board of Directors

"Gregory Isenor"

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities laws. Forward-looking statements in this news release may include, but are not limited to, statements regarding the Company's plans to identify and appoint a replacement Vice President, Exploration, and the timing thereof. Forward-looking statements are based on management's expectations, assumptions and beliefs as of the date hereof and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any forward-looking statements except as required by applicable law.

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