Vancouver, British Columbia – September 17, 2025 – TheNewswire - Au Gold Corp (TSXV:AUGC) (“AUGC” or the “Company”) announces that it has increased the size of the previously announced placement to $300,000.  The placement now consists of 6 million units priced $0.05 each. Each unit comprises one share and one whole $0.10 warrant valid for two years.

The Company is very pleased with the response to the placement and thanks new and existing shareholders for their support.

The closing of the private placement is expected to occur soon and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.  The securities issued with respect to the private placement will be subject to a hold period of four months and one day in accordance with applicable securities laws.

For further information, please contact:

Au Gold Corp

Marc G. Blythe, MBA, P.Eng., President & Chief Executive Officer

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

Email: info@augoldcorp.com

To learn more visit: https://augoldcorp.com

Cautionary Note

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.