Dr. Toby Strauss reports

GEMDALE GOLD ANNOUNCES ENGAGEMENT OF INVESTING NEWS NETWORK

Gemdale Gold Inc. has entered into an agreement with Dig Media Inc., doing business as Investing News Network (INN), pursuant to which INN has agreed to undertake an advertising and investor awareness campaign on the company's behalf. INN is an arm's-length private company headquartered in Vancouver, Canada (address: 736 Granville St. -- suite 1200, Vancouver, B.C., Canada, V6Z 1E4), dedicated to providing independent news and education to investors since 2007.

For the six-month term of the campaign, to begin April 25, 2026, and terminate Oct. 25, 2026, INN will provide advertising services to increase awareness of the company. Pursuant to the agreement, signed on March 25, 2026, the cost of the campaign to the company is expected to be approximately $24,100 in aggregate, plus applicable taxes, to be paid in cash by the company monthly in six equal instalments. The services to be provided by INN will centre on providing advertising on its website to increase awareness of the issuer among INN's investor audience. None of INN or any of its principals has any interest, directly or indirectly, in Gemdale or its securities, nor any right or intent to acquire such an interest. None of Gemdale's compensation of INN for services to be provided is contingent or conditional on changes in the company's share price or other performance metrics and INN will not receive any securities as compensation.

The agreement remains subject to the acceptance of the TSX Venture Exchange.

About Gemdale Gold Inc.

Gemdale Gold owns a portfolio of highly prospective exploration licenses in Finland, and is focused on making significant new gold and critical metal discoveries on these properties. The company has been active in Finland since 2018. The company's 100-per-cent-owned projects include:

• Pontio gold project (western Finland): Historical and recent drilling has outlined near-surface gold mineralization along a multikilometre trend that remains open along strike and at depth.
• Isoneva (western Finland): Exploration stage gold project located proximal to extensive boulder train anomalies. The property is subject to an option agreement with Nordique Resources Inc. pursuant to which Nordique may earn a 100-per-cent interest by, among other things, funding exploration expenditures over a three-year period and making additional financial commitments to the company. For more information on the Isoneva option, please see the company's final long-form prospectus dated Jan. 30, 2026, under the heading "Business of the Corporation - January 1, 2025 to the date hereof."
• Lapland projects (northern Finland): A group of exploration permits and applications located within a recognized gold and base-metal exploration region, in proximity to several recent regional discoveries.
• Kumiseva (western Finland): Copper-nickel-platinum-palladium exploration licence where historical government drilling has been completed.
• Savo/Rantasalmi (southeastern Finland): Exploration licence application area containing a historical National Instrument 43-101 inferred resource estimate prepared by a prior operator of 3.23 million tonnes grading 2.7 grams per tonne gold for approximately 276,000 ounces of gold.

In November, 2018, Rupert Resources released an NI 43-101 mineral resource estimate completed by Brian Wolfe (qualified person) of International Resource Solution Pty. Ltd. The NI 43-101 technical report was filed by Rupert Resources on SEDAR+ on Nov. 9, 2018. No new data subsequent to an earlier 2011 estimate was included in this study. This study used multiple indicator Kriging (MIK) for the estimation of grade into the block model. This study assumed a combined open pit and underground mining operation, recoveries of 85 to 90 per cent and a gold price of 1,200 euros/ounce (current gold price approximately 4,240 euros/oz). The use of MIK as an estimation method, along with the requirements of a greater degree of confidence in the geological continuity for underground mining, were given as the reasons for the assigned lower resource category of inferred resources compared with the 2011 resource estimate. The resource estimate was reported at a cut-off grade of 1.5 g/t Au.

The company is not aware of any further drilling or sampling being conducted on the property since this historical estimate was completed. Gemdale Gold is not treating this historical estimate as a current resource estimate. Neither Gemdale Gold, nor a suitable qualified person, has done sufficient work to classify the historical estimate as a current mineral resource estimate. The company believes this historical estimate is relevant and reliable in providing insight into the potential mineral resources for the project based on historical drilling completed to date, as it was completed by a qualified person in accordance with National Instrument 43-101. Gemdale Gold believes that further drilling is not required to verify or upgrade these historical resources to a current mineral resource estimate, but that it is necessary for a qualified person to review the assumptions and methodology used for the estimation.

Qualified person

Dr. Toby Strauss (CGeol; EurGeol), director, president and chief executive officer of Gemdale, is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (Dr. Strauss is responsible for the accuracy of technical information contained in this news release and has reviewed and approved the technical information contained within).

We seek Safe Harbor.