NEWS RELEASES

Toronto, Ontario –November 20, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces a non-brokered private placement offering of up to $750,000, by the issuance of flow-through common shares at a price of $0.19 per share.

Toronto, Ontario –November 19, 2024 – Recently, and on more than one occasion, news releases pertaining to other public companies unrelated to Canadian Gold Corp. (“Canadian Gold” or the “Company”) (TSXV: CGC), have appeared as having been disseminated by Canadian Gold Corp. under its ticker, CGC.

Toronto, Ontario –November 14, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce results from its Phase 3 Drill Program at the Tartan Mine, located near Flin Flon, Manitoba. Results in this news release have extended the high-grade mineralization along the western limits of the Main Zone (MZ) and continue to highlight a separate, longer-term opportunity of lower-grade bulk tonnage. The Company is continuing to prepare the full data set of the over 21,000 metres of drilling that it will have completed since the Company’s last NI 43-101 resource estimate in 2017. This initial work will prepare the Company to advance quickly if it decides to update the 43-101 resource estimate upon the completion of this season’s drill program.

Toronto, Ontario –October 16, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce initial results from its Phase 3 Drill Program at the Tartan Mine, located near Flin Flon, Manitoba. Results in this news release have 1) Extended the high-grade mineralization along the western limits of the Main Zone (MZ) and 2) Discovered a potential parallel zone, located 100 metres south of the MZ (Fig. 2). In addition, the Company is starting work to prepare its full data set of the over 21,000 metres of drilling that the Company will have completed since the Company’s last NI 43-101 resource estimate in 2017. This initial work will allow the Company to advance quickly when it decides to update the 43-101 resource estimate upon the completion of the Phase 3 Drill Program.

Toronto, Ontario –September 25, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce an exploration update on the Hammond Reef South property, located near Atikokan, Ontario, and adjacent to Agnico Eagle’s fully permitted Hammond Reef Project (Fig. 1). The Company also announces that it has been approved for the Ontario Junior Exploration Program (“OJEP”) grant by the Ontario Ministry of Mines. The grant will provide funding for 50% of exploration expenditures, to a maximum of $200,000, incurred between April 2024 and February 2025 at the Hammond Reef South property.

Toronto, Ontario –August 6, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to provide an exploration update on its 100% owned Hammond Reef South Project, located near Atikokan, Ontario, and adjacent to Agnico Eagle’s fully permitted Hammond Reef Project (Fig. 1). Hammond Reef South was acquired in 2023 as part of the Company’s strategy of acquiring prospective mineral rights around Canada’s largest mines and development projects, which provides additional optionality for shareholders beyond the exploration drilling currently taking place at the Tartan Mine in Manitoba.

Toronto, Ontario – July 30, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to provide an exploration update for the Tartan Mine property, located near Flin Flon, Manitoba.

Toronto, Ontario – July 17, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces the completion of its final tranche closing of its private placement offering, raising an aggregate $1,634,995 (see also news release dated June 21, 2024).

Toronto, Ontario – June 21, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce an initial first tranche closing of its private placement offering, by the issuance of 1,968,750 flow through shares at a price of $0.16 per share, for gross proceeds totalling $315,000.

Toronto, Ontario – June 20, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce its Phase 3 exploration program at the Tartan Mine, located 14 km from Flin Flon, Manitoba. Phase 3 is scheduled to start at the beginning of July and will focus on three important target areas. If successful, management believes this drilling could have a major impact on the Tartan Mine’s resource size and potential economics. The objective is to advance the project towards becoming a high-grade, low-cost, long-life gold asset that has an achievable initial capital cost.

Toronto, Ontario – June 13, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces a non-brokered private placement offering of up to $1,500,000, by the issuance of both flow-through common shares and non-flow through common shares.

Toronto, Ontario – April 29, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce the results of its Phase 2 exploration drill program at the Tartan Mine, located near Flin Flon, Manitoba, and future plans for a Phase 3 Drill Program.

Toronto, Ontario – April 9, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that the board of directors has appointed Mr. Michael Swistun, CFA, to succeed Ed Huebert as the Company’s President and Chief Executive Officer. The appointment follows the resignation of Mr. Huebert, who will continue to advise the Company on environmental, permitting and government relations.

Toronto, Ontario – February 21, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce continued results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba. Since the Company’s last update on January 11, 2024, two holes have been completed with assays having been received for one, TLMZ21-12W4, which was intended to expand the high-grade gold located in the Hanging Wall Zone to the west and to intersect the Main Zone, demonstrating further extension of the deposit.

Toronto, Ontario – January 19, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that it has engaged Velocity Trade Capital Ltd. (“Velocity Trade”) to provide market-making services to the Company in accordance with applicable securities laws and the policies of the TSX Venture Exchange (“Exchange”). Velocity Trade will manage trading of the Company’s shares from time to time for the purposes of maintaining an orderly market, with a view to reducing trading volatility and improving the liquidity of the Company’s shares. The funding and securities required for these services undertaken will be provided by Velocity Trade.

Toronto, Ontario – January 11, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce initial results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including the deepest hole in the project’s history. Drilling continues to extend the vertical limits of the high-grade gold mineralization, now identified to at least 415 metres below the resource estimate, increasing the vertical extent of the high-grade mineralization by 72% compared to the resource (Fig. 1). Hole TLMZ23-26W5 returned 12.7 gpt gold over 3.2 m, inside of another wide interval of disseminated gold mineralization that returned 2.7 gpt gold over 25 m. The implication of these wider intervals surrounding the high-grade at depth (which are becoming common) is being reviewed by the Company’s geological team in order to determine its importance and the ability to convert this mineralization into a potential resource.