Austral Gold obtains $1.3M (U.S.) loan from Hipotecario

Mr. Stabro Kasaneva reports AUSTRAL GOLD ANNOUNCES NEW RELATED PARTY LOAN Austral Gold Ltd.'s Argentine subsidiary Austral Gold Argentina SA has obtained a new $1.3-million (U.S.) unsecured related-party loan from Banco Hipotecario. BH is related to Austral's largest shareholder and chair Eduardo Elsztain. The proceeds of the loan will be applied against the 1.6-billion-Argentine-peso loan (approximately to $1.25-million (U.S. at Aug. 18, 2025) previously obtained and subsequently renewed from BH, as announced on April 30, 2024, and Jan. 30, 2025, respectively, which became due on Aug. 1, 2025. Material terms of the loan agreement: Loan amount: $1.3-million (U.S.); Loan term: 12 months; Interest rate: 11 per cent; Repayment schedule: 12 consecutive monthly instalments: first instalment due in 120 days from receipt of the loan; Use of proceeds: repayment of the previous BH loan of 1.6 billion Argentine pesos, accrued interest and structuring fees; and Security: the loan is unsecured. Following this transaction, the company's overdraft balance with BH will be approximately 75 million Argentine pesos (approximately $58,000 (U.S.)). About Austral Gold Ltd. Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets. We seek Safe Harbor.