Mr. Peter Mah reports

SPANISH MOUNTAIN GOLD ANNOUNCES 2026 AGM VOTING RESULTS

Spanish Mountain Gold Ltd. has released the voting results from its 2026 annual general meeting (AGM), held in Vancouver, B.C., on Oct. 1, 2026.

At the AGM, a total of 123,703,643 common shares were voted, representing 23.41 per cent of the outstanding common shares as of the record date. Shareholders elected the following directors at the AGM: Brent Bergeron, Garnet Dawson, Lembit Janes, Richard Orazietti and George Peter Mah. Shareholders also approved the reappointment of BDO Canada LLP, chartered professional accountants, as the company's auditor.

About Spanish Mountain Gold Ltd.

Spanish Mountain Gold is focused on advancing its 100-per-cent-owned Spanish Mountain gold project toward construction of the next gold mine in the Cariboo gold corridor, British Columbia. The company will be publishing a new National Instrument 43-101 technical report, setting out the new executable vision to advance the project. This new NI 43-101 technical report, with a derisked and optimized preliminary economic assessment (PEA) with an updated mineral resource estimate (MRE), will supersede the prior technical report of the company. On May 1, 2026, the company received the first instalment of $22.5-million (U.S.) in connection with the sale of a 1.5-per-cent net smelter return (NSR) royalty to Wheaton Precious Metals for $55-million (U.S.) (see news release from May 1, 2026). In Q2 (second quarter) 2026, the company initiated a feasibility study on the project, which is fully financed and will position the company to make a construction decision in H1 (first quarter) 2028.

The company is seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities, which the company terms "the relentless pursuit of better gold." Details on the company are available on SEDAR+ and on the company's website.

We seek Safe Harbor.