Q-Gold starts trading on OTCQB

Executive Summary

• Q-Gold Resources Ltd. commenced trading on the OTCQB Venture Market under the symbol QGLDF effective October 28, 2025, aiming to enhance visibility for U.S. shareholders.
• The company published an updated mineral resource estimate for its Quartz Mountain gold project in Oregon, detailing significant indicated and inferred gold resources.
• Q-Gold announced the grant of 10.45 million stock options to directors, officers, and consultants, while also outlining plans to initiate federal and state permitting processes for the Quartz Mountain project.

Key Details

• Trading Update: Common shares began trading on the OTCQB Venture Market (U.S. platform) on October 28, 2025, under the ticker symbol QGLDF.
• Mineral Resource Estimate (Quartz Mountain Project):
  • Indicated Resource: 1,543,000 ounces of gold (Au) at a grade of 0.96 g/t Au.
  • Inferred Resource: 0.148 million ounces (Moz) of gold (Au) at a grade of 0.77 g/t Au.
  • Mining Method: The resource is amenable to conventional open-pit mining with a low stripping ratio.
  • Technical Report: Dated effective September 26, 2025; reviewed by Qualified Persons Fred Brown, PGeo, and Dr. Andreas Rompel, PrSciNat.
• Permitting Strategy: The company intends to initiate federal and state permitting for the Quartz Mountain project and expects to submit applications for inclusion in the U.S. federal FAST-41 program to streamline environmental reviews.
• Stock Option Grants:
  • Quantity: Aggregate of 10.45 million stock options granted to certain directors, officers, and consultants.
  • Exercise Price: $0.20 per option.
  • Vesting: Immediate vesting.
  • Hold Period: Four-month hold period from the date of grant.
  • Term: Five years from the date of grant.
  • Condition: Subject to approval by the TSX Venture Exchange.
• Company Listing Status: Shares are listed on the TSX Venture Exchange (QGR), OTCQB (QGLDF), and Borse Frankfurt (QX9G).

Notable Quotes

• "We're pleased to enhance visibility and access for our U.S. shareholders through this OTCQB listing. It marks an important step in our plan to broaden our investor base as we advance exploration and engineering programs following our publication of an updated mineral resource estimate at our recently acquired Quartz Mountain gold project." — Peter Tagliamonte, President and CEO