Mr. Mark Tommasi reports

CANARY GOLD CORP. ANNOUNCES BOARD TRANSITION

Canary Gold Corp.'s Al Kanji has resigned from the company's board of directors, effective immediately. Mr. Kanji also served as chair of the company's audit committee.

Mr. Kanji's resignation reflects his increasing professional commitments and is not the result of any disagreement with the company, its management or its operations.

Andrew Lee Smith, chairman and chief executive officer of Canary Gold, will assume the duties of chair of the audit committee.

Mr. Kanji will continue his association with Canary in an advisory capacity, providing strategic guidance and assisting with corporate development initiatives and the evaluation of potential business opportunities.

Mr. Smith commented: "On behalf of the board, I would like to thank Al for his contributions and counsel during his tenure as a director and chair of the audit committee. We appreciate his continued interest in Canary and look forward to benefiting from his experience and industry relationships in his new advisory role."

About Canary Gold Corp.

Canary Gold is a Canadian public exploration company focused on the acquisition and advancement of gold projects in Brazil. The company holds an option to earn up to a 70-per-cent undivided interest in the Rio Madeira project through a series of staged exploration expenditures and milestone payments.

In August, 2025, Canary further expanded its regional strategy by entering into a definitive agreement to acquire a 100-per-cent interest in 10 additional mineral tenements totalling approximately 94,700 hectares from Talisman Venture Partners Ltd., a private British Columbia corporation. The total consideration of $1.7-million has been satisfied through staged cash and share payments.

Talisman retains a 1.0-per-cent net smelter return (NSR) royalty on future production from the acquired tenements, one-half of which (reducing the NSR to 0.5 per cent) may be repurchased by the company at any time for $1.0-million.

These interests support Canary Gold's regional exploration strategy in the Madeira River region of Rondonia state, Brazil.