Mr. Arndt Roehlig reports

ADVANCED GOLD ANNOUNCES PRIVATE PLACEMENT AND APPOINTMENT OF DIRECTOR

Advanced Gold Exploration Inc. has appointed Shahab Samimi to its board of directors.

Mr. Samimi is an experienced investor and corporate director with a strong background in capital allocation and public company governance. He currently leads enterprise software and digital transformation initiatives as senior product manager at a Fortune 500 company. Mr. Samimi has direct public board experience, having served on the board of Canada's first publicly listed EV (electric vehicle) charging infrastructure company, Hypercharge Networks, and as chief executive officer of Humanoid Global. He brings valuable expertise in technology-driven growth, sustainability and resource-intensive industries to the mining exploration sector.

The company also announces that Rodney Ireland has resigned from the board of directors to pursue other opportunities. The board and management want to sincerely thank Mr. Ireland for his years of dedicated service and valuable contributions to Advanced Gold, and wish him the very best in his future endeavours.

In addition, the company wishes to announce that it intends to complete a non-brokered private placement of up to two million units at a price of 15 cents per unit for aggregate gross proceeds of up to $300,000. Each unit shall comprise one common share in the capital of the company and one-half of one whole transferable common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share at a price of 20 cents per common share for a period of two years from the date of issuance.

All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The gross proceeds of the private placement shall be used for general corporate and working capital purposes. The closing of the private placement is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. The company may pay finders' fees to eligible finders of up to 10 per cent of all funds raised in shares or in cash.

About Advanced Gold Exploration Inc.

Advanced Gold Exploration is a Canadian mineral exploration company with a portfolio of Canadian gold and copper properties. The company's expertise is in identifying and acquiring undervalued properties with significant historical work, which it believes it can enhance their economic value at today's prices. The company's purpose is to bring immediate and long-term value to its partners and shareholders.

We seek Safe Harbor.