Lighthouse Gold Inc. Upsizes Private Placement to Over $6.4 Million

Vancouver, B.C. — October 23, 2026 — Leads & Copy — Lighthouse Gold Inc. has increased the size of its previously announced private placement due to strong investor demand, raising gross proceeds of up to $6,450,408. The offering will now consist of up to 35,835,600 units at $0.18 per unit, an increase from the initial plan of 33,334,000 units for gross proceeds of up to $6,000,120.

Each unit includes one common share and one-half of a share purchase warrant. Each whole warrant is exercisable to purchase an additional common share for a period of two years from the closing date at an exercise price of $0.28 per share.

The company plans to use the proceeds from the offering for exploration activities and general working capital. The completion of the offering is contingent on customary conditions, including obtaining all necessary regulatory approvals from bodies such as the Canadian Securities Exchange (CSE).

All securities issued under this offering will be subject to a hold period that expires four months and one day after the closing date. Lighthouse Gold Inc. anticipates closing the offering on or about November 4, 2026.

The securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws. They may not be offered or sold within the United States or to U.S. persons unless registered or an exemption from registration is available. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities.

Lighthouse Gold Inc. is a mineral exploration and development company focused on acquiring and exploring gold properties, primarily in Guyana, South America. The company holds a 100% interest in two properties in Guyana: the Mariwa–Sardine Hill Property and the Aurora NW Project.

Source: Lighthouse Gold Inc.