Mr. Peter Tagliamonte reports

QGOLD ENGAGES IRPUB FOR INVESTOR RELATIONS AND CLARIFIES STATEMENTS MADE IN MANAGEMENT INFORMATION CIRCULARS RESPECTING MR. STAN BHARTI'S HOLDINGS

Q-Gold Resources Ltd., as a result of a review by the British Columbia Securities Commission, is issuing this news release to clarify disclosure in the management information circulars filed by the company during May, 2022, to present regarding the beneficial ownership reported for Stan Bharti, the executive chairman of the company. The company notes that Mr. Bharti has submitted updated reports with SEDI and Mr. Bharti currently holds 11,753,526 common shares of the company.

In addition, the company has entered into an investor relations agreement with IRP Holdings Corp., doing business as IRPub, dated Feb. 3, 2026, for assistance with its investor awareness marketing campaign. IRPub provides marketing and investor relations services. The company will assist QGold in enhancing its visibility with potential investors by providing access across its network through dedicated promo sends, content sends, newsletter promos and other mediums of on-line digital traffic for a total cost of $150,000 (U.S.), payable in advance, for a three-to-four-month period commencing on or about Feb. 3, 2026. IRPub is an arm's-length party from the company and principally operates out of Pennsylvania. As of the date of this news release, to the knowledge of the company, neither IRPub nor any of its directors and officers own any interest, directly or indirectly, in the securities of the company. IRPub's engagement is subject to approval of the TSX Venture Exchange.

About Q-Gold Resources Ltd.

Q-Gold Resources is a publicly traded North American-based mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America.

The company's shares are listed on the TSX Venture Exchange under the symbol QGR, the OTCQB market in the United States under QGLDF and the Borse Frankfurt exchange under QX9G.

Q-Gold is committed to progressing its portfolio of gold and silver assets toward production, with its primary focus on its flagship Quartz Mountain gold project in Oregon (in the United States) and the Mine Centre gold project in Ontario (Canada).

Q-Gold focuses on resource expansion through systematic exploration, disciplined project development backed by rigorous technical work and responsible environmental stewardship in mining-friendly jurisdictions with established infrastructure.

We seek Safe Harbor.