GOLD STRATEGY ANNOUNCES $1.45M PRIVATE PLACEMENT OFFERING

• April 9, 2026: Announced a non-brokered private placement of up to 1,000,000 common shares at $1.456 per share, targeting gross proceeds of up to $1.456 million for general working capital.
• March 24, 2026: Clarified business model as mineral exploration and development, confirming no change in classification under TSX Venture Exchange policies.
• February 2, 2026: Board of Directors changed; Yves Kandel resigned and Tyler Burpee appointed to bring capital markets consulting experience.
• December 23, 2025: Confirmed effective date for a 25-for-1 share consolidation, reducing outstanding shares from ~26.5 million to ~1.06 million.
• December 11, 2025: Closed a previous private placement of 5,225,000 pre-consolidation shares at $0.05625 per share for gross proceeds of $293,906.

• The April 9 financing represents a potential near-doubling of the post-consolidated share count (1 million new shares vs ~1.06 million existing). This is highly dilutive to current shareholders.
• Proceeds are for "general working capital," indicating ongoing cash burn without specific revenue-generating milestones or asset acquisitions detailed in this release.
• The offering price ($1.456) trades at a discount to the recent market close ($1.61), signaling immediate downward pressure on share value upon execution.
• Frequent financing activity (December 2025 and April 2026) within six months suggests liquidity constraints are recurring rather than one-off events.
• No drill results, resource estimates, or property advancement news were included in the recent releases, limiting positive catalysts to offset dilution concerns.

• Business Model: Mineral exploration and development company focusing on acquisition, evaluation, and advancement of mineral assets via direct ownership or joint ventures.
• Flagship Project: Specific property names are not detailed in the provided news releases; focus is on general portfolio management rather than a single named flagship asset disclosure.
• Development Stage: Exploration phase with no disclosed production or resource estimates in the provided data.
• Corporate Status: TSX Venture Exchange listed entity (Ticker: GST).