Mr. Larry Phillips reports

COMPASS ANNOUNCES ANNUAL MEETING RESULTS AND INVESTOR UPDATES

In an annual and special meeting of shareholders held yesterday, shareholders of Compass Gold Corp. approved all presented matters.

Specifically, at the meeting:

• The following individuals were elected as directors of the company: Joseph Conway (Chairman), Larry Phillips, James Henderson, Madani Diallo and Stephen Eddy.
• Dale Matheson Carr-Hilton Labonte LLP, chartered professional accountants, was reappointed as auditor of the company to hold office until the close of the next annual meeting of the shareholders of the company.
• Shareholders reapproved and confirmed the stock option plan of the company, including the reservation for issuance thereunder at any time of a maximum of 10 per cent of the issued and outstanding shares of the company, in accordance with the policies of the TSX Venture Exchange.

Additional details regarding each of these matters are included in the management information circular prepared in connection with the meeting. A copy of the management information circular is available for review under the company's profile on SEDAR+, as well as on the company's website.

Joseph Conway, chairman, stated, "On behalf of our management team and the rest of our directors, I would like to thank all of our shareholders for their exceptional support, and we look forward to demonstrating significant progress in the months to come as we further develop our Small mine project on our Sikasso property in Southern Mali."

Investor update

Compass also advises that a revised investor presentation containing the latest updates on the company's Small mine project, together with a comprehensive shareholder questions and answers document, will be distributed to the company's mailing list and posted on the company's website on June 29, 2026.

About Compass Gold Corp.

Compass Gold, a public company incorporated in Ontario, is a Tier 2 issuer on the TSX Venture Exchange. Through the 2017 acquisition of MGE and Malian subsidiaries, Compass Gold holds gold exploration permits located in Mali that comprise the Sikasso property. The exploration permits are located in three sites in southern Mali with a combined landholding of approximately 900 square kilometres. The Sikasso property is located in the same region as several multimillion-ounce gold projects, including Morila, Syama, Kalana and Komana. The company's Mali-based technical team, led in the field by Dr. Madani Diallo and under the supervision of Dr. Sandy Archibald, PGeo, is conducting the current exploration program. They are examining numerous anomalies first noted in Dr. Archibald's August, 2017 "NI 43-101 Technical Report on the Sikasso Property, Republic of Mali."

Qualified person

This news release has been reviewed and approved by EurGeol. Dr. Sandy Archibald, PGeo, Compass's technical director, who is the qualified person for the technical information in this news release under National Instrument 43-101 standards.

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