Mr. Geoff Balderson reports

LIGHTHOUSE GOLD TO ACQUIRE 100% INTEREST IN AURORA NW PROJECT, GUYANA

Lighthouse Gold Inc. has entered into a definitive option agreement dated Feb. 3, 2026, pursuant to which the company acquired an option to acquire a 100-per-cent interest in the Aurora NW project, located in Guyana, comprising associated mineral rights, permits and claims.

Pursuant to the terms of the agreement, the company has the option to acquire the property over a period of three years in consideration for:

1. $50,000 (U.S.) cash consideration, of which $10,000 (U.S.) was paid upon signing the letter of intent for the transaction and the remaining balance is payable upon signing the definitive agreement, and additional $50,000 (U.S.) within seven days of closing the previously announced financing;
2. Two million common shares in the capital of the company is also payable on the effective date.

In addition, a net smelter royalty (NSR) will be granted to the vendor based on annual production levels, as defined under the Guyanese Mining Act and its applicable regulations, as follows:

• 1.5-per-cent NSR on annual production conducted on a large-scale basis;
• 5.0-per-cent NSR on annual production conducted on a medium-scale basis;
• 5.0-per-cent NSR on annual production conducted on a small-scale basis.

The company may also repurchase the NSR at upon for the sum of $500,000 (U.S.), that being the $125,000 (U.S.) per permit for a total of four permits.

The agreement is subject to customary terms, conditions, representations and warranties for transactions of this nature.

The transaction is also subject to the receipt of all necessary corporate and regulatory approvals, including the acceptance of the Canadian Securities Exchange.

The transaction is an arm's-length transaction and there will be no changes to the company's board or management in connection with the transaction. No finders' fees will be paid in connection with the transaction.

All securities issued pursuant to this transaction will be subject to a hold period expiring on the later of four months from the date of issuance and 10 days following the filing of the company's Q2 financial statements reflecting the acquisition of the transaction.

for additional information on the property, please refer to the company's news release dated Dec. 9, 2025.

About Lighthouse Gold Corp.

Lighthouse Gold is a mineral exploration and development company in the business of acquiring and exploring gold properties, with a focus in Guyana, South America.

We seek Safe Harbor.