Au Gold Corp Closes $300,000 Private Placement

(TheNewswire)

Vancouver, British Columbia– TheNewswire -- October1, 2025 – Au Gold Corp (TSXV:AUGC) (“ AUGC ” or the“ Company ”) announces that it has closed thepreviously announced private placement of $300,000.

The Company raised $300,000 from the sale of 6 millionunits priced at $0.05 each. Each unit comprises one share and onewhole $0.10 warrant valid for two years.  All securities issued aresubject to a four month hold period expiring on February 2,2026.

Finder’s fees of $3,325 were paid to eligibleparties.

Two directors of the Company purchased or acquireddirection and control over a total of 950,000 units under the privateplacement. The placement to those persons constitutes a“related party transaction” within the meaning of TSX VentureExchange Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders inSpecial Transactions (“MI 61-101”) adopted in the Policy.The Company has relied on exemptions from the formal valuation andminority shareholder approval requirements of MI 61-101 contained insections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related partyparticipation in the placement as neither the fair market value (asdetermined under MI 61-101) of the subject matter of, nor the fairmarket value of the consideration for, the transaction, insofar as itinvolved the related parties, exceeded 25% of the Company'smarket capitalization (as determined under MI 61-101).

The funds raised will be used for general corporatepurposes and advancing mineral exploration on the Company’sproperties.

For further information, please contact:

Au Gold Corp

Marc G. Blythe, MBA, P.Eng., President & Chief Executive Officer

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

Email: info@augoldcorp.com

To learn more visit: https://augoldcorp.com

Cautionary Note

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICALINFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'SFUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDEFORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ONNUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS ANDUNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS ARESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THEFORWARD-LOOKING STATEMENTS.

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