Mr. David Kol reports

ZODIAC GOLD GRANTS STOCK OPTIONS

Zodiac Gold Inc., effective May 9, 2025, has granted to its directors and officers an aggregate of 4.5 million stock options of the company, pursuant to the company's omnibus equity incentive plan. The options have an exercise price of 10 cents per option, vest immediately and have a 10-year term from the grant date.

About Zodiac Gold Inc.

Zodiac Gold is a West-African gold exploration company focused on its flagship Todi project, situated in Liberia, an underexplored, politically stable, mining-friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi shear zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316-square-kilometre land package. The Todi gold project has undergone derisking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and high-grade gold intercepts.

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