File: Attachment 261106_Subsequent News Release v1.pdf

ST. JAMES GOLD CORP. (CSE: LORD) ANNOUNCES SHARE CONSOLIDATION

Vancouver, British Columbia, November 6, 2026 - St. James Gold Corp. (the "Company" or "St. James") (CSE: LORD) (OTCQB: LRDJF) (FSE: BVU3) announces further to its news release dated October 27, 2026, that the Canadian Securities Exchange (the "CSE") has accepted the consolidation of the Company's issued and outstanding common shares on the basis of five (5) pre-consolidation common shares for one (1) post-consolidation common share (the "Consolidation").

The Consolidation will be effective as of November 9, 2026 (the "Effective Date"), and the Company's common shares are expected to begin trading on the CSE on a post-Consolidation basis at market open on or about November 9, 2026.

The Company currently has 39,535,628 common shares issued and outstanding. After the Consolidation, the Company will have approximately 7,907,126 common shares issued and outstanding. No fractional shares will be issued. Any fractional share will be rounded down to the nearest whole share if the fraction is less than one-half, and rounded up to the nearest whole share if the fraction is one-half or more. No cash will be paid for fractional shares. The exercise or conversion price and the number of common shares issuable under the Company's outstanding stock options and warrants will be adjusted proportionately in accordance with their respective terms.

The new CUSIP number for the post-Consolidation common shares will be 790014708 and the new ISIN will be CA7900147082. The Company's name and trading symbol will not change.

Registered shareholders will receive a letter of transmittal from the Company's transfer agent, Endeavor Trust Corporation, with instructions for exchanging their existing share certificates for post-Consolidation share certificates or DRS advices. Shareholders who hold their shares through a broker or other intermediary do not need to take any action.

About St. James Gold Corp.

St. James Gold Corp. is a publicly traded company listed on the Canadian Securities Exchange under the trading symbol "LORD", in the U.S. Market listed on OTCQB under "LRDJF" and on the Frankfurt Stock Exchange under "BVU3". The Company is focused on creating shareholder value through the discovery and development of economic mineral deposits by acquiring prospective exploration projects with well- delineated geological theories; integrating all available geological, geochemical, and geophysical datasets; and financing efficient exploration programs. The Company currently holds: (i) a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.'s Queensway North project; and (ii) a 100-per-cent stake in 9 claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland.

For more corporate information please visit: http://stjamesgold.com/

This release has been reviewed and approved by Logan Anderson, CFO.

St. James Gold Corp. For further information, please contact: Tel: 1 (800) 278-2152 Email: info@stjamesgold.com Forward Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). All statements that are not historical facts, including, without limitation, statements regarding the Effective Date, the timing of post-Consolidation trading on the CSE, the anticipated number of post-Consolidation common shares, the adjustment of the Company's outstanding stock options and warrants, and the exchange of share certificates, are forward-looking statements. Often, but not always, forward-looking statements can be identified through the use of words or phrases such as "expects", "are expected to", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "potential", or statements that certain actions, events or results "may", "could", "would", "should" or "will" occur. Forward-looking statements contained in this news release are based on reasonable estimates and assumptions made by management of the Company at the relevant time in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate and reasonable in the circumstances, including assumptions that the Consolidation will be implemented on the Effective Date as anticipated, that the Company's transfer agent and intermediaries will process the Consolidation and the exchange of share certificates in a timely manner, and that no event will occur that delays or disrupts trading in the Company's common shares. Forward-looking statements contained in this news release are made as of the date of this news release and the Company will not update any such forward-looking statements as a result of new information or if management's beliefs, estimates, assumptions or opinions change, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, which could cause actual results, performance, achievements and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the risk that post-Consolidation trading does not commence on the anticipated date, administrative or processing delays by the Company's transfer agent or intermediaries, the effect of rounding fractional shares on the final number of post-Consolidation common shares, the risk that the market price of the common shares following the Consolidation does not proportionately reflect the Consolidation ratio, the risk of reduced liquidity of the common shares following the Consolidation, general market conditions, and other factors outlined in the Company's continuous disclosure documents filed under the Company's profile on SEDAR+ at www.sedarplus.ca. The Company cautions that the list of risk factors and uncertainties described in its continuous disclosure documents is not exhaustive and other factors could materially affect its results.

New factors emerge from time to time, and it is not possible for the Company to consider all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.