NEWS RELEASE

Canadian Gold Resources (CAN) Announces Sale of Flow Through Units under LIFE Offering and Non-Brokered Private Placement

January 2, 2026

Dieppe, N.B. – January 2, 2026 – Further to its news release of December 29, 2024, Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is very pleased to announce, that effective December 31, 2025, it has: (a) sold 4,083,383 flow-through units at a price of $0.18 per unit under its recently announced listed issuer financing exemption offering (the "LIFE Offering") for gross proceeds of $735,008.94; and (b) sold 7,118,272 flow-through units at a price of $0.18 per unit under a separate non-brokered private placement of flow-through units (the "FT Placement Offering") for gross proceeds of $1,281,288.96. The Company has raised a total of $2,016,297.90 between the two offerings.


Terms and characteristics of the flow-through units issued under each offering is described in detail in the Company's news release of December 29, 2025.


In connection with the LIFE Offering, the Company has paid $58,800.72 cash finder's fees and issued 326,671 finder's warrants (each a "Finder's Warrant") to eligible arm's length parties. In connection with the FT Placement Offering, the Company has paid $102,503.11 cash finder's fees and issued 569,461 Finder's Warrants to eligible arm's length parties.


Each Finder's Warrant entitles the holder thereof to purchase one Common Share at a price of $0.18 for a period of 36 months from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the TSXV (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $0.45 for ten (10) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Finder's Warrant term (the "Reduced Warrant Term") such that the Finder's Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Warrant Term. The Finder's Warrants are subject to a hold period of four months and one day after the date of issuance.


Closing of the LIFE Offering and the FT Placement Offering is subject to final acceptance by the TSX Venture Exchange.


For more information, visit www.cdngold.com.

About Canadian Gold Resources Ltd.

Canadian Gold Resources Ltd. (TSXV: CAN) is a junior exploration company advancing three high-grade gold properties totaling ~16,000 hectares in Québec's Gaspé Peninsula. The Company's strategy is to unlock the potential of historically explored assets through modern exploration and development, supported by a management team with a proven track record in discovery and project advancement.


Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mark Smethurst, P.Geo., Director of Canadian Gold and a Qualified Person under NI 43-101.


For further information, please contact:


Ronald J. Goguen
President & CEO, Director
Canadian Gold Resources Ltd.
📧
  rongoguen@cdngold.com

📞 +1 (506) 857-4090


Investor Relations
📧  investors@cdngold.com



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


Forward-Looking Statements

This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. Forward-looking statements in this news release include statements regarding the Offering and use of proceeds from the Offering. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: compliance with extensive government regulations; domestic and foreign laws and regulations adversely affecting the Company's business and results of operations; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA.

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June 24, 2026
Dieppe, N.B. – June 24, 2026 – Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce the voting results from its Annual and Special Meeting of Shareholders (the "Meeting") held on June 19, 2026 in Dieppe, New Brunswick. The below individuals were nominated and received the requisite majority of votes and will be directors of the Company for the ensuing year: Ronald J. Goguen Sr. Kenneth Chernin Roger Bourgault Ian McGavney David J. Hennigar In addition, shareholders: (i) approved the re-appointment of Davidson & Company LLP, Chartered Professional Accountants as Auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration; and (ii) ratified and approved the Company's rolling stock option plan. Board and Management Comments "On behalf of the Board, I want to thank our shareholders for their continued support and engagement," said Ronald Goguen, Sr. Chairman of the Board of Canadian Gold Resources. "With our Board and governance matters confirmed, we remain focused on advancing our 2026 exploration program across the Lac Arsenault, Robidoux, and VG Boulder properties on the Gaspé Peninsula."
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May 6, 2026
Dieppe, N.B. – May 6, 2026 – Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") announces that Ron Goguen Sr. has stepped down from his role as President and Chief Executive Officer as part of a planned leadership transition. Mr. Goguen was a founder of Canadian Gold Resources and played a key role in establishing the Company and advancing its exploration strategy in the Gaspé Peninsula region of Québec. The Board of Directors wishes to extend the Company's sincere thanks to Mr. Goguen for his dedication in directing and managing the Company. Mr. Goguen will continue to provide guidance as the Chairman of the Board of Directors. The Board of Directors has appointed Kenneth Chernin as Interim President and Chief Executive Officer, effective immediately. Ron Goguen, Chairman of the Board commented: “It has been a privilege to help found Canadian Gold Resources and work with a talented group of professionals in advancing the Company’s projects. I believe the Company has built a strong foundation and I look forward to continuing to support the Company in my role as Chairman as the team works to unlock the potential of its assets in the Gaspé region.” Kenneth Chernin brings more than 20 years of experience in capital markets, including roles as a sell-side equity research analyst and senior executive in investor relations and corporate development, with much of his career focused on the mining industry. Since July 2025, Mr. Chernin has served as Vice President of Corporate Development for Canadian Gold Resources, where he has been involved in advancing the Company’s corporate strategy and capital markets initiatives. Ken Chernin, Interim President and CEO, commented: “Canadian Gold Resources has assembled a compelling land position in the Gaspé Peninsula, and we believe the Company is entering an exciting period with several important catalysts ahead. Our immediate focus is clear: advancing our ongoing exploration programs, strengthening corporate execution, and delivering results and milestones to shareholders in a disciplined and timely manner. I would also like to thank Ron for his leadership and contributions to the Company, and I look forward to continuing to benefit from his experience and guidance as Chairman.” The Company expects to provide additional updates on its exploration programs, including results from its drilling activities at Lac Arsenault, in the near term as results become available.
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