Mr. Mamadou Coulibaly reports

WARABA GOLD APPOINTS CAPITAL MARKETS STRATEGIST JEFF COUCH TO BOARD OF DIRECTORS AND GRANTS RSUS

Waraba Gold Ltd. has appointed Jeff Couch as a director of the company, effective immediately. Mr. Couch's addition to the board of directors of the company further deepens Waraba's capital market expertise as the company advances its West African exploration portfolio and its vision to build a leading portfolio of high-value gold assets.

Mr. Couch is an accomplished capital market professional with deep expertise in corporate strategy, public company development and investor relations across the natural resource sector. He currently serves in board and advisory capacities with several growth-oriented companies, including Goldsky Resources Corp. and Silver Viper Minerals Corp., where he contributes to strategic positioning, capital market initiatives and corporate development.

Throughout his career, Mr. Couch has guided management teams through transformative stages of growth, spanning capital formation, market positioning, and the development of strong institutional and retail shareholder bases across multiple jurisdictions. His hands-on approach to investor engagement and ability to align corporate strategy with market opportunity have made him a trusted adviser and director in the resource investment community.

Commenting on Mr. Couch's appointment, Carl Esprey, executive chairman, Waraba, stated: "Jeff brings a sharp understanding of what it takes to build a compelling, investor-facing story in today's competitive resource market. His experience across capital markets and corporate development, combined with his recent involvement with high-quality companies like Goldsky and Silver Viper, makes him a strong addition to our board and a valuable partner as we execute on our strategy."

"Waraba has built a compelling foundation in one of West Africa's most prospective gold regions, and I am genuinely excited to contribute at this important stage of the company's evolution. I look forward to working alongside management and the board to advance Waraba's objectives and create long-term value for shareholders," said Jeff Couch, director of Waraba.

Commenting further, Mamadou Coulibaly, chief executive officer of Waraba, stated: "Jeff's appointment underscores our commitment to assembling a board equipped with the expertise and networks to support Waraba's next phase of growth. His deep understanding of investor engagement and corporate strategy will be a real asset as we advance our projects, broaden our investor base and expand our presence in West Africa."

Waraba's differentiation lies not only in the quality of its asset base, but in how it advances opportunity. The company now combines experienced in-country geological leadership with international capital markets and exploration expertise, applying disciplined technical methods to identify, test and advance discoveries while managing risk and allocating capital efficiently.

Waraba is well positioned to transform underexplored opportunities into high-value assets and build the next generation of gold discoveries in West Africa.

Director compensation and equity awards

In connection with his appointment, the company intends to enter into a director service agreement with Mr. Couch pursuant to which he will be entitled to an annual retainer of $50,000, payable in deferred share units under the company's omnibus incentive plan and credited quarterly in arrears. The number of deferred share units credited in respect of each quarterly instalment will be determined in accordance with the director service agreement and will be subject to the omnibus incentive plan, applicable securities laws and Canadian Securities Exchange requirements.

In connection with Mr. Couch's appointment, the board has granted him 400,000 restricted share units under the company's omnibus incentive plan. Each RSU represents the right to receive one common share in the capital of the company upon settlement in accordance with the omnibus plan. The RSUs vest in three instalments: 25 per cent on the first anniversary of the grant date, 25 per cent on the second anniversary and the remaining 50 per cent on the third anniversary. The RSUs and any shares issued upon settlement are subject to applicable hold periods, omnibus plan and CSE policies.

About Waraba Gold Ltd.

Waraba is a gold exploration company focused on advancing high-potential projects in West Africa. The company is committed to disciplined exploration and building long-term value through the discovery and development of district-scale gold systems. Waraba Gold trades on the CSE under the symbol WBGD and on the OTC Markets under the symbol WARAF.

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