Tiernan Gold Announces Grant of Deferred Share Units

Tiernan Gold Corp. announced the grant of 20,042 Deferred Share Units (DSUs) to its non-executive directors under the Company's Omnibus Equity Incentive Plan. The DSUs were granted for the second quarter of 2026 (Q2 2026) at a price of $7.14 per share. This grant is in addition to cash compensation fees payable to non-executive directors and vests one year from the date of grant.

The DSUs were issued under the Omnibus Equity Incentive Plan adopted on October 16, 2025. Each DSU entitles the holder to receive one common share, a cash payment equal to the value of one common share, a combination thereof, or otherwise as determined at the sole discretion of the Company, following the holder ceasing to be a director.