Flin Flon, Manitoba–(Newsfile Corp. – January 23, 2026) – Boreal Gold Inc. (CSE: BGLD) (“Boreal”) has reFlin Flon, Manitoba–(Newsfile Corp. – February 9, 2026) – Boreal Gold Inc (CSE: BGLD) (the “Company”) wishes to announce that all matters set out in the meeting materials for the Annual General Meeting (AGM) held on February 6, 2026 at 2:00 PM in Flin Flon, Manitoba were overwhelmingly approved by the shareholders. Shareholders were asked to consider and approve the following resolutions: (i) set the number of directors; (ii) election of directors for the ensuing year, (iii) appointment of an auditor for the ensuing year and to authorize the directors to fix the auditor’s remuneration; and (iv) ratify and re-approve the 10% rolling stock option plan. The Scrutineer’s report showed that 6,222,526 shares were voted at the Annual General Meeting representing 34.90% of the 17,827,748 total shares outstanding and issued of the company. The number of directors of three (3) and the 10% rolling stock option plan was approved 100% by shareholders. The three nominated directors; Richard Masson, Michael Alexander and Laara Shaffer were approved by 100% of the shares voted and the Appointment of Auditors was approved by 71.4% of the shares voted.

In two years after raising almost 2-million dollars and carrying out extensive geophysical and geological surveys on the Fay Lake property in Manitoba and the Melgurd Lake property in Saskatchewan, the year of 2024 culminated in a Boreal’s listing on the Canadian Stock Exchange (CSE). The company is now poised to take the next exciting step in 2026 with drilling the recently acquired North Star Group of High-Grade Gold Properties (see April 17, 2025 news release) and to test the new developed critical mineral and gold targets on the Fay Lake Property. This will be facilitated with the arranged $3-million private placement (see January 22, 2026 news release) which is anticipated to be closed on February 12, 2026. By design, Boreal is a well structured tightly held company, with very few shares out. The strong committed shareholder base has significantly contributed to the company’s strength and facilitated obtaining the milestones in its exploration programs. The Company plans in 2026 through focussed exploration efforts to grow the company in an accretive manner by mineral discovery as well as by acquisition as opportunities arise.

Qualified Person

Stephen L. Masson, M.Sc., P.Geo. is the “Qualified Person” as defined by NI 43-101 for these projects, has reviewed and approved the technical disclosure contained in this news release. Mr. Masson acts as a consulting geologist for the company.

About Boreal Gold Inc

Boreal Gold Inc is a Canadian junior mineral exploration company with a specific focus on mineral properties in northwest Manitoba and northeast Saskatchewan, Canada. All of the Issuer’s properties are currently at the exploration stage. The Issuer has assembled a portfolio of base metal and precious metal prospects in strategic locations in the Provinces of Manitoba and Saskatchewan.

For more information, please contact:

“signed”
Richard Masson, President & Chief Executive Officer
Boreal Gold Inc
T: +1 204-687-3500
E: borealgoldinc@gmail.com