Mr. Doug Fulcher reports

CENTENARIO GOLD CORP. ANNOUNCES CANCELLATION OF STOCK OPTIONS

Effective as of market close on Friday, July 24, 2026, the board of directors of Centenario Gold Corp. has approved the cancellation of an aggregate of 1.72 million stock options to purchase common shares of the company previously held by certain directors, officers and consultants of the company.

The cancelled options were granted under the company's 2022 stock option plan and were cancelled by the board of directors in accordance with the terms and conditions of the plan. Following the cancellation, the company has zero stock options issued and outstanding.

About Centenario Gold Corp.

Centenario is a mineral exploration company incorporated in British Columbia and headquartered in Vancouver, Canada. The company is focused on the acquisition, exploration and development of high-potential mineral projects in the Americas, with a primary emphasis on gold, copper, silver and critical minerals.

The company is committed to responsible exploration and development, working closely with local communities and stakeholders. Centenario's management team brings extensive experience in mineral exploration, project development and capital markets.

Centenario is listed on the Canadian Securities Exchange and continues to evaluate new opportunities to expand its portfolio in both Mexico and Canada and deliver value to shareholders.