Precipitate Announces Resignation of Director

(TheNewswire)

Vancouver, B.C. – January 2, 2026– Precipitate GoldCorp. (the “Company” or“Precipitate”) (TSXV: PRG, OTCQB: PREIF) announces that Lon Shaver hasresigned from the Company’s Board of Directors, effective December30, 2025.

The Board and management thank Mr. Shaver for hiscontributions during his tenure and wish him the best in his futureendeavors.

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.

Copyright (c) 2026 TheNewswire - All rights reserved.