Mr. Kiran Patankar reports

MAPLE GOLD RAISES $3,256,096 IN WARRANT ACCELERATION PROGRAM

Pursuant to a recent notice of warrant acceleration (see news release dated May 5, 2026), a total of 3,830,701 common share purchase warrants were exercised, resulting in the issuance of 3,830,701 common shares of the company and gross proceeds to the company of $3,256,096. The warrants were exercisable at 85 cents per common share and were originally issued by the company as part of a non-brokered private placement that closed on Sept. 9, 2025.

Maple Gold is also pleased to report that 100 per cent of the warrants subject to acceleration were exercised prior to the deadline, reflecting strong shareholder conviction in the company's growth strategy and the continued advancement of its district-scale gold projects located in Quebec, Canada.

The company anticipates using the proceeds from the exercise of warrants for working capital and general corporate purposes.

About Maple Gold Mines Ltd.

Maple Gold is a well-financed Canadian advanced exploration company focused on advancing its 100-per-cent-owned, district-scale Douay/Joutel gold project located in Quebec's prolific Abitibi greenstone gold belt. Douay/Joutel benefits from exceptional infrastructure access and boasts approximately 481 square kilometres of highly prospective ground, including an established multimillion-ounce gold mineral resource at the Douay and Joutel deposits, both with significant expansion potential, as well as the past-producing Telbel and Eagle West mines at Joutel. In addition, the company holds an exclusive option to acquire 100 per cent of the Eagle mine property, a key part of the historical Joutel mining complex.

Maple Gold's property package also hosts a significant number of regional exploration targets along a 55-kilomere strike length of the Casa Berardi deformation zone that have yet to be tested through drilling, making the property ripe for new gold and volcanogenic massive sulphide discoveries. The company is currently focused on carrying out exploration and drill programs to expand mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.

We seek Safe Harbor.