A2GOLD COMPLETES ACQUISITION OF DISTRICT-SCALE TAYLOR SILVER-GOLD PROJECT IN NEVADA

A2Gold Corp. has closed the previously announced acquisition of a 100% interest in the district-scale Taylor Silver-Gold Project in Nevada from White Pine Precious Metals Inc. The consideration is 8,662,881 common shares (subject to a voluntary escrow release schedule), US$1,000,000 in deferred cash (US$250,000 at closing and US$250,000 each three months thereafter), and a 2.0% net smelter return (NSR) royalty retained by the seller, with A2Gold holding an option to repurchase half of that royalty. A drill rig has been mobilized and is expected to be on-site within two weeks to begin a program aimed at expanding the historical silver resource, testing oxide gold targets, and evaluating high-grade antimony potential.

This news is the consummation of a deal that was fully laid out in a binding letter of intent on March 6 2026. The share count, deferred cash payments, royalty terms, and even the description of the drill program were all disclosed at that time. The only incremental detail is the mobilization of a drill rig — a routine operational follow-on that was already implied by statements that the project is “fully permitted” and “drill-ready.” The completion of the acquisition was widely expected, and the market has had three months to price it in. Since the February 2026 high of $1.40, the stock has fallen to $0.71, indicating that the excitement around the initial Taylor announcement has faded. No new technical or financial information that would alter the fundamental valuation is presented. Therefore, this is a routine positive event — positive in that it removes closing uncertainty, but entirely anticipated and already reflected in the stock price and share structure.

A2Gold Corp. is a Nevada‑focused gold and silver exploration company with two district‑scale assets.
- Eastside Project (100% owned, 92 km²): Hosts an NI 43‑101 inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver (pit‑constrained, 0.15 g/t Au cutoff). Key zones include McIntosh (high‑grade core) and Castle. Less than 18% of the district has been drill‑tested. A fully funded 30,000‑metre reverse‑circulation drill program is under way, targeting step‑out expansions and new geophysical targets. Recent core results from January 2026 extended high‑grade mineralization to 480 metres depth.
- Taylor Project (just acquired, ~117 km²): Located in White Pine County, Nevada. Contains a 2018 historical silver resource of 11.0 million ounces Measured & Indicated (at $17/oz Ag) that could more than double to >20 million ounces at today’s silver prices. The property also holds a 3 km × 10 km gold‑anomaly corridor (surface samples up to 4.2 g/t Au), significant antimony mineralization (historic mine grades up to 76% Sb), and untested carbonate replacement and porphyry targets.
- Other assets: Goldfield West and the 100%-owned Bolo project, both in Nevada, are non‑core holdings that could be monetized or joint‑ventured.