Mr. John Proust reports

JAPAN GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Japan Gold Corp. has released the results of its annual general meeting of shareholders, held on Oct. 22, 2026, in Vancouver, B.C.

All resolutions set out by the company's board of directors and management in the company's information circular dated Sept. 11, 2026, were approved by shareholders, including:

1. To receive the annual financial statements of the company for its fiscal year ended Dec. 31, 2025, together with the report of the auditor thereon;
2. To appoint Davidson & Company LLP, chartered professional accountants, as the company's auditor for the ensuing year and to authorize the directors to fix the auditor's remuneration;
3. To fix the number of directors at seven;
4. To elect directors for the ensuing year;
5. To approve the continuation of the company's 2023 omnibus equity incentive plan, as set out in the company's information circular, in accordance with the requirements of the TSX Venture Exchange.

The following seven directors were re-elected for the ensuing year: John Proust and Takashi Kuriyama, and Murray Flanigan, Ian Burney, Michael Carrick, Tanneke Heersche and Dr. Keiko Hattori as independent directors. Following the AGM, the board reappointed Victor Flores and Tania Tchedaeva, who had initially joined the board upon the closing of the Solidcore alliance on Sept. 22, 2026 (refer to news releases dated Sept. 23 and Oct. 9, 2026). As Mr. Flores and Ms. Tchedaeva were appointed after the AGM materials had been published and distributed, their names did not appear on the proxy voting materials for the AGM. Their reappointment increased the board from seven to nine members.

The board also reappointed the following officers of the company: Mr. Proust as chairman and chief executive officer; Mr. Kuriyama as chief operating officer; Vince Boon as chief financial officer; Eileen Au as corporate secretary; Alexia Helgason as vice-president, corporate communications; and Jason Letto as vice-president, exploration.

About Japan Gold Corp.

Canada-based Japan Gold is the largest mineral exploration company in Japan, with a portfolio of more than 3,000 square kilometres of prospective mineral rights covering regions known for gold mineralization and a history of high-grade epithermal gold production. Japan offers a compelling combination of highly prospective yet underexplored geology, well-developed infrastructure, and a stable mining jurisdiction. Over the past decade, Japan Gold's leadership team, including geologists, drillers and technical advisers, has built deep technical capabilities and unmatched in-country expertise. Its extensive exploration and operational experience, combined with a proven record of discoveries worldwide, positions the company as Japan's leading gold explorer.

As a project generator, Japan Gold focuses on acquiring and advancing high-quality exploration projects, with the goal of generating exploration upside for joint venture partners, providing long-term upside for shareholders while minimizing dilution.

We seek Safe Harbor.