Beauce Gold Fields Seeks Warrant Extension Approval

Montréal, Québec — November 12, 2026 — Leads & Copy — Beauce Gold Fields Inc. (TSX Venture: BGF) announced today that its Board of Directors has authorized an application to the TSX Venture Exchange for approval to extend the exercise date of 7,000,000 outstanding share purchase warrants. These warrants were issued under non-brokered private placements closed on December 19, 2023, and their exercise date will be extended until December 18, 2028.

The Company noted that none of these purchase warrants have been exercised in the past six months. The exercise price remains unchanged at $0.05, and all other terms and conditions of the warrants will stay the same. The proposed extensions are contingent upon approval from the TSX Venture Exchange and relevant regulatory authorities.

Beauce Gold Fields is dedicated to exploring and developing the historic placer gold district in the Beauce region of southern Quebec. The Company aims to identify potential bedrock sources for historical placer gold workings and assess the possibility of economic lode-gold mineralization.

The company's principal property is the Saint-Simon-les-Mines gold project, the site of Canada's earliest gold rush, predating the Yukon Klondike. The Beauce region was the location of significant placer gold operations from the 1860s to the 1960s, yielding some of the largest gold nuggets recorded in Canadian mining history, with some exceeding 50 ounces.

Beauce Gold Fields is continuing its exploration of antiform structures, which the Company believes may have contributed gold to the extensive placer deposits in the Beauce region. The Company's geological model is examining whether structural traps associated with antiform folding and saddle-reef-style quartz mineralization could be potential bedrock sources for the gold found in the historical Beauce paleoplacer system.

The Saint-Simon-les-Mines paleoplacer is a buried gold-bearing channel, nearly six kilometres long, within the Gilbert River paleovalley. This area is considered the heart of Canada's first gold rush district. Historical mining activities between the 1860s and 1960s recovered substantial amounts of coarse gold, including multi-ounce nuggets.

The Company's geological model suggests that gold mineralization within the paleoplacer system is primarily located in basal sedimentary layers, saprolitic bedrock, and fractures or natural traps along the paleovalley floor. The paleovalley is situated directly south of the Company's interpreted antiform structures, characteristic of saddle reef mineralization. Beauce Gold Fields' geological model is investigating these structures and associated quartz-vein systems as potential bedrock origins for at least a portion of the historical placer gold.

Historical and contemporary geological research also indicates that tributaries flowing into the Gilbert River paleovalley from the north may have been significant in transporting and concentrating gold. Interpreted deltaic deposits formed at the mouths of these tributaries are therefore considered priority exploration targets for the sonic drilling program.

Source: Beauce Gold Fields Inc.