Mr. Jeffrey Wilson reports

PRECIPITATE ANNOUNCES DEPARTURE OF DIRECTOR

Adrian Fleming has resigned from Precipitate Gold Corp.'s board of directors and has stepped down from his role as non-executive chairman of the board, effective April 1, 2025.

The board and management thank Mr. Fleming for his contributions during his tenure and wish him the best in his future endeavours.

About Precipitate Gold Corp.

Precipitate Gold is a mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic, including its 100-per-cent-owned Juan de Herrera project located immediately adjacent to GoldQuest Mining's Romero project, its 100-per-cent-owned Pueblo Grande project located immediately adjacent to the Pueblo Viejo mine operated by Barrick, and its 100-per-cent-owned Ponton project located 30 kilometres east of the Pueblo Viejo mine. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the company's portfolio and increase shareholder value in other favourable jurisdictions.

We seek Safe Harbor.