Mr. Kirill Klip reports

TNR GOLD'S MANAGEMENT TEAM REINFORCES COMMITMENT THROUGH INCREASED OWNERSHIP; COMPANY ACKNOWLEDGES RECEIPT OF DIRECTOR NOMINATIONS

TNR Gold Corp.'s management team continues to demonstrate its alignment with shareholders and commitment to TNR Gold through increased ownership.

"I am pleased to share updates that reflect the continued support of our leadership team and strategic partners for TNR Gold's development plan," commented Kirill Klip, executive chairman of TNR Gold.

"I have continued to increase my share ownership in TNR Gold, adding an additional 4.2 million shares this year. My current holding of 31,363,000 shares reflects my ongoing commitment to the company and confidence in its strategic direction. TNR Gold's chair of the audit committee, chief financial officer and vice-president, corporate development, have also increased their ownership positions."

Mr. Klip added: "As previously announced on July 17, 2026, Altius Minerals Corp. acquired 7,435,000 shares of TNR Gold at price per share of 23 cents, increasing its ownership position in TNR Gold to an aggregate of 30,935,000 shares. Altius's increased stake reflects their continued strategic interest in TNR Gold's management team, its strategic plan and TNR Gold's royalty portfolio. We welcome Altius increasing its strategic, non-controlling stake in TNR Gold."

TNR Gold also acknowledges that it has received notice from a shareholder of its intention to nominate four individuals for election to the company's board of directors at the company's annual general and special meeting of shareholders on Sept. 22, 2026.

The notice was submitted pursuant to the company's advance notice policy. The company notes that receipt of the notice does not constitute any determination by the company regarding the validity, eligibility, or compliance of the nominations under the advance notice policy or applicable law. The company and board are currently reviewing the notice with their advisors and will communicate any material updates at the appropriate time.

TNR Gold shareholders are not required to take any action at this time.

The company wishes to clarify that the record date for determining shareholders entitled to receive notice of and vote at the meeting is Aug. 13, 2026.

Advisers

Kingsdale Advisors is acting as strategic shareholder adviser to TNR Gold. Norton Rose Fulbright Canada LLP is acting as legal counsel to TNR Gold.

About TNR Gold Corp.

TNR Gold is working to become the green energy metals royalty and gold company.

The company's business model provides a unique entry point in the creation of supply chains for critical materials like energy metals that are powering the energy rEVolution, and the gold industry that is providing a hedge for this stage of the economic cycle.

The company's portfolio provides a unique combination of assets with exposure to multiple aspects of the mining cycle: the power of blue-sky discovery and important partnerships with industry leaders as operators on the projects that will potentially generate royalty cash flows to contribute significant value for its shareholders.

Over the past thirty years, TNR, through its lead generator business model, has been successful in generating high-quality global exploration projects. With the company's expertise, resources and industry network, the potential of the Mariana lithium project and Los Azules copper project in Argentina, among many others, have been recognized.

TNR holds a 1.5-per-cent NSR royalty on the Mariana lithium project in Argentina, of which 0.15 per cent of such NSR royalty is held on behalf of a shareholder of the company. Ganfeng Lithium's subsidiary, Litio Minera Argentina (LMA), has the right to repurchase 1.0 per cent of the NSR royalty on the Mariana project, of which 0.9 per cent is the company's NSR royalty interest. The company would receive $900,000, and its shareholder would receive $100,000 on the repurchase by LMA, resulting in TNR holding a 0.45-per-cent NSR royalty and its shareholder holding a 0.05-per-cent NSR royalty.

The Mariana lithium project is 100 per cent owned by Ganfeng Lithium. The Mariana lithium project has been approved by the Argentina provincial government of Salta for an environmental impact report. Ganfeng Lithium officially inaugurated Mariana Lithium's start of production at a 20,000-ton-per-annum lithium chloride plant on Feb. 12, 2025.

TNR Gold also holds a 0.4-per-cent NSR royalty on the Los Azules copper project, of which 0.04 per cent of the 0.4-per-cent NSR royalty is held on behalf of a shareholder of the company. The Los Azules copper project is being developed by McEwen Inc.

TNR also holds a 7-per-cent NPR on the Batidero I and II properties of the Josemaria project that is being developed by the joint venture between Lundin Mining and BHP.

TNR provides significant exposure to gold through its 90-per-cent holding in the Shotgun gold porphyry project in Alaska. The project is located in southwestern Alaska near the Donlin gold project, which is being developed by Novagold Resources. The company's strategy with the Shotgun gold project is to attract a joint venture partnership with a major gold mining company. The company is actively introducing the project to interested parties.

At its core, TNR provides a wide scope of exposure to gold, copper, silver and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and royalty holdings in Argentina (the Mariana lithium project, the Los Azules copper project, and the Batidero I and II properties of the Josemaria project), and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.

We seek Safe Harbor.