Lode Gold Further Upsizes Private Placement to $9.872 Million and Closes Final Tranche

Lode Gold Resources Inc. ( TSXV:LOD | OTCQB:LODFF ) (“Lode Gold” or the “Company”) announces that further to the Company’s news releases of July 13, 22, and 28, 2026, its non-brokered private placement financing (the “Offering”) has been further upsized to CAD $9.782 million due to additional participation interest from both new and existing investors. The Company has now concurrently closed the second and third (final) tranches of the Offering, issuing 3,488,261 and 2,648,997 Units raising additional gross proceeds of CAD$941,830 and CAD$715,229, respectively, at a price of CAD$0.27 per Unit. The Company raised total aggregate proceeds of CAD$9,715,229 from all three tranches with the issuance of 35,982,331 Units. Each Unit is comprised of one common share (“Share”) and one common share purchase warrant (“Warrant”). Each Warrant shall entitle the holder to purchase one additional Share at an exercise price of $0.45 cents for a period of thirty-six months following the date of issuance. The Company may accelerate the expiry date of the Warrants, with thirty days notice, if the Shares have a minimum closing price of $0.80 for a period of ten consecutive trading days. Senior officers of Lode Gold, as insiders, subscribed for a total of 237,037 Units of the final tranche of the Offering for gross proceeds of $64,000. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (“MI 61-101 “) contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation. All securities issued pursuant to this Offering are subject to a statutory hold period of four (4) months and one day in accordance with applicable securities laws. The completion of the Offering remains subject to the final acceptance of the TSX Venture Exchange. The securities issued pursuant to the Offering have not been, and will not be, registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of securities in the United States or in any other jurisdiction in which the offer, solicitation or sale would be unlawful. Proceeds from the Offering will be used to advance technical work at the Fremont Gold Mine (“Fremont”), strengthen the balance sheet, partial debt repayment and provide general working capital. Specifically relating to Fremont, the focus of technical work will include the upcoming drill program in support of a Preliminary Feasibility Study (PFS); metallurgical, geotechnical and rock mechanic studies; and engineering. An initial mine plan will be developed to initiate environmental and permitting work later this year. Lode Gold Resources Inc. (the “Company” or “Lode Gold”) announces that it has entered into a marketing consulting services agreement (the “Agreement”) with Spark Newswire Inc. (“Spark”) to provide investor relations, marketing and promotional services to the Company. Spark is a Vancouver, British Columbia-based capital markets advisory and communications firm that provides marketing consulting and investor awareness services to publicly traded companies. Under the Agreement, Spark will assist Lode Gold with increasing market awareness, c...