Mr. Michael Slater reports

BULLFROG UPSIZES NON-BROKERED PRIVATE PLACEMENT TO $8 MILLION

Further to Bullfrog Gold Corp.'s press release issued Sept. 15, 2026, the non-brokered private placement has increased from aggregate gross proceeds of up to $5-million to $8-million.

The offering now consists of up to 40 million units with each unit consisting of one Bullfrog common share and one-half warrant, at a price of 20 cents per unit for gross proceeds of up to $8-million. Each whole warrant will be exercisable for one common share for 24 months from the date of closing at an exercise price of 30 cents per common share.

The offering is scheduled to close on or about Sept. 29, 2026, in one or more tranches and is subject to Bullfrog receiving all necessary regulatory approvals, including approval from the TSX Venture Exchange to list the common shares issuable pursuant to the offering. All securities to be issued pursuant to the offering will be subject to a four-month-plus-one-day hold period from the date or dates of closing under applicable securities laws in Canada.

The net proceeds of the offering will be used by Bullfrog for exploration at the South Bullfrog project in Nevada, and for general working capital purposes. Up to 6 per cent cash and 6 per cent in non-transferable brokers' warrants exercisable for 24 months from the date of closing may be payable to eligible persons as finders' fees in connection with the offering. The broker warrants will be exercisable at a price of 20 cents per common share.

SCP Resource Finance and Integrity Capital Group are acting as non-exclusive financial adviser to the company in connection with the offering.

About Bullfrog Gold Corp.

Bullfrog Gold holds a 100-per-cent interest in the South Bullfrog gold project consisting of 488 BLM (Bureau of Land Management) claims covering 10,050 acres in the heart of the Beatty district. The district was consolidated between 2021 and 2025 by AngloGold through the acquisitions of Corvus Gold, Coeur Sterling and Augusta Gold. South Bullfrog is centrally located between AngloGold's Bullfrog, North Bullfrog and Arthur development projects. South Bullfrog is drill permitted with five drill-ready gold targets supported by historic workings, surface pathfinder rock and soil geochemistry, surface alteration, magnetic, electromagnetic and gravity geophysics, and favourable host rocks.

We seek Safe Harbor.