Mr. Klaus Eckhof reports

DRC GOLD CORP. AMENDS BINDING TERM SHEET AND ISSUES 25M SHARES PURSUANT TO OPTION TO ACQUIRE INTERESTS IN GIRO AND NIZI GOLD PROJECTS

Further to the Feb. 24, 2026, news release, DRC Gold Corp. has entered into an amendment agreement dated effective May 8, 2026, with Amani Consulting Sarl, Giro Goldfields Sarl and Mabanga Mining Sarl, to amend the binding term sheet among the parties pursuant to which DRC Gold has been granted an option to acquire an up-to-65-per-cent indirect interest in the Giro gold project and an up-to-65-per-cent interest in the Nizi gold project. Pursuant to the binding term sheet, as amended, the company has issued an initial 25 million common shares in its capital to Vertex Wealth Ltd. at a deemed price of 19.5 cents per share. The shares are restricted from trading until Sept. 15, 2026.

About DRC Gold Corp.

DRC Gold is a junior exploration company. DRC Gold's management and directors possess over 50 years of collective industry experience, and have been very successful in the areas of exploration, financing and developing major mines throughout the world, with a focus on Africa.

We seek Safe Harbor.