Mr. Nikolaos Cacos reports

GOLDEN ARROW ANNOUNCES SHAREHOLDER APPROVAL OF SALE OF COPPER ASSETS AT SAN PIETRO PROJECT

At the annual general and special meeting of Golden Arrow Resources Corp. shareholders held on Aug. 21, 2026, Golden Arrow's shareholders approved the proposed special resolution regarding the sale of the copper assets at the San Pietro copper-gold-iron-cobalt project to Capstone Copper Corp. and a wholly owned subsidiary of Capstone, as announced on June 23, 2026.

All resolutions presented at the meeting were approved by shareholders and the detailed results of the votes cast by proxy with respect to the transaction are set out below.

Votes for    Percentage    Votes against    Percentage  

86,896,631      98.77%         1,083,292         1.23%      

The transaction is expected to close in Q3 2026, subject to customary closing conditions.

"We extend our thanks to all the shareholders who voted today and for supporting this transaction. In the coming weeks, we will complete the final steps for closing and position the company for its next phase of exploration and discovery. We look forward to quickly ramping up the programs at our new Atakama gold project as well as at our key portfolio properties in Argentina," stated Nikolaos Cacos, president and chief executive officer of Golden Arrow.

About Golden Arrow Resources Corp.

Golden Arrow is a mineral exploration company with a successful record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits. Golden Arrow is actively exploring a portfolio of projects in Chile and Argentina. The company is an affiliated company of the Grosso Group, a resource-focused management organization that provides operational support to its affiliated companies as they advance quality resource projects.

We seek Safe Harbor.