Precipitate Announces Appointment of Jose Acebal to Board of Directors

(TheNewswire)

Vancouver, B.C. – January 19, 2026– TheNewswire -Precipitate Gold Corp. (the “Company” or “Precipitate”)(TSXV: PRG, OTCQB: PREIF) is pleased to announce the appointment ofJosé Acebal to the Company’s Board of Directors.

José Acebal is a Dominican national and afinance-trained investor and owner-operator with extensive experienceacross industrial operations, infrastructure development, andextractive industries in the Dominican Republic. He owns and operatesmultiple real-asset businesses, including Parque IndustrialCarelia—engaged in aggregate production and dredging activities—aswell as Tavares Industrial, a concrete and aggregates producer servingthe Santo Domingo region. Through these enterprises, Mr. Acebal hasbuilt hands-on expertise in permitting, logistics, operationalexecution, and regulatory engagement within mining- andmaterials-based industries. In addition to his operating background,Mr. Acebal brings institutional capital markets and governanceexperience. He began his career at Goldman Sachs in the Debt CapitalMarkets group covering Latin America, where he gained exposure tostructured finance, credit markets, and investor relations. He hassince served on the boards of several diversified andinfrastructure-oriented businesses, including Petromovil (fueldistribution), Panorama Jets (aviation services), and ConsorcioPelícano, a diversified family holding company.

Mr. Acebal holds a Bachelor of Science in Finance fromBentley University and is fluent in Spanish and English. He offersvaluable insight into local operating environments, stakeholderengagement, and capital allocation strategies for mining and naturalresource companies operating in the Dominican Republic and across theCaribbean.

Jeffrey Wilson, President & CEO stated, “We arevery pleased to welcome José to Precipitate’s Board of Directors.Mr. Acebal brings a rare and highly valuable combination ofinternational capital markets experience and hands-on operationalexpertise in mineral extraction, industrial, and infrastructurebusinesses within the Dominican Republic. His deep understanding ofpermitting, logistics, regulatory engagement, and local community andbusiness dynamics—together with his background in finance andgovernance—will be an important asset as we continue advancing ourmineral properties within the Dominican Republic and strengthening ourin-country relationships. We believe his insight, perspective, andnetwork will meaningfully enhance our strategic decision-making as wemove toward the next phase of growth through our ongoingexploration.”

About Precipitate Gold:

Precipitate Gold Corp. is a mineral exploration company focused onexploring and advancing its mineral property interests in theDominican Republic, including its 100% owned Juan de Herrera projectlocated immediately adjacent to GoldQuest Mining’s Romero Project,its 100% owned Pueblo Grande project located immediately adjacent tothe Pueblo Viejo mine operated by Barrick, and its 100% owned Pontonproject located 30km east of the Pueblo Viejo mine. Precipitate isalso actively evaluating additional high-impact property acquisitionswith the potential to expand the Company's portfolio and increaseshareholder value, in other favourable jurisdictions.

Additional information can be viewed at the Company’s website www.precipitategold.com.  

On Behalf of the Board of Directorsof Precipitate Gold Corp.,

“Jeffrey Wilson”

President & CEO

For further information, pleasecontact:

Tel: 604-558-0335     Toll Free: 855-558-0335     investor@precipitategold.com

Neither the TSX Venture Exchange nor its Regulation Service Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

This press releasemay contain "forward-looking information" within the meaningof applicable Canadian securities legislation. All statements, otherthan statements of historical fact, included herein are forwardlooking information. Generally, forward-looking information may beidentified by the use of forward-looking terminology such as"plans", "expects" or "does not expect","proposed", "is expected", "budget","scheduled", "estimates", "forecasts","intends", "anticipates" or "does notanticipate", or "believes", or variations of such wordsand phrases, or by the use of words or phrases which state thatcertain actions, events or results may, could, would, or might occuror be achieved. This forward-looking information reflects PrecipitateGold Corp.’s (“Precipitate” or the “Company”) currentbeliefs and is based on information currently available to Company andon assumptions it believes are reasonable. Forward-looking informationis subject to known and unknown risks, uncertainties and other factorsthat may cause the actual results, level of activity, performance orachievements of Precipitate to be materially different from thoseexpressed or implied by such forward-looking information. Such risksand other factors may include, but are not limited to: the explorationconcessions may not be granted on terms acceptable to the Company, orat all; general business, economic, competitive, political and socialuncertainties; the concessions acquired by the Company may not haveattributes similar to those of surrounding properties; delay orfailure to receive governmental or regulatory approvals; changes inlegislation, including environmental legislation affecting mining;timing and availability of external financing on acceptable terms;conclusions of economic evaluations; and lack of qualified, skilledlabour or loss of key individuals. Although Precipitate has attempted toidentify important factors that could cause actual results to differmaterially from those contained in forward-looking information, theremay be other factors that cause results not to be as anticipated,estimated or intended. Accordingly, readers should not place unduereliance on forward-looking information. Precipitate does notundertake to update any forward-looking information, except inaccordance with applicable securities laws.

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