QCX Gold closes $750,000 private placement

Mr. Aaron Stone reports QCX GOLD ANNOUNCES CLOSING OF PRIVATE PLACEMENT Further to the press release dated Aug. 22, 2025, QCX Gold Corp. has closed its non-brokered private placement financing for gross proceeds of $750,000 through the issuance of 7.5 million units at a price of 10 cents per unit. Each unit was composed of one common share of the company and one whole common share purchase warrant of the company. Each warrant entitling the holder thereof to purchase one common share at a price of 15 cents per common share for a period of 24 months from the date of issuance. In connection with the offering, the company paid: (i) a cash commission of $43,400; and (ii) issued 434,000 finders' warrants to certain finders. Each finder's warrant is exercisable to purchase one additional common share at a price of 10 cents per finder's share. The company intends to use the net proceeds from the offering for continued exploration and evaluation of the company's Golden Giant and Fernet properties as previously announced on Aug. 22, 2025, and for general working capital. Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. In addition, the company is pleased to announce that it has granted an aggregate of 1.41 million options to purchase common shares exercisable at a price of 15.5 cents per common share for a period of five years to directors, officers and consultants of the company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant. Prior to the completion of the offering, Albert Contardi beneficially owned and controlled, directly or indirectly, an aggregate of 1,302,750 common shares, representing approximately 17.16 per cent of the issued and outstanding common shares on an undiluted basis and on a partially diluted basis. Upon completion of the debt settlement, Mr. Contardi beneficially owns and controls, directly or indirectly, an aggregate of 2,502,750 common shares, 750,000 warrants and 400,000 other securities, representing approximately 13.60 per cent of the then issued and outstanding common shares on an undiluted basis and approximately 19.72 per cent on a partially diluted basis. The certificates representing the warrants include provisions that prevent Mr. Contardi from exercising his warrants if, after giving effect to such exercise, Mr. Contardi would in the aggregate beneficially own, or exercise control or direction over, that number of common shares which is 19.99 per cent or greater of the total issued and outstanding common shares, immediately after giving effect to such exercise. Depending on market and other conditions, or as future circumstances may dictate, Mr. Contardi may from time to time increase or decrease his holdings of common shares or other securities of the company. A copy of the early warning report will be available on the company's issuer profile on SEDAR+. About QCX Gold Corp. QCX Gold is exploring for gold and volcanogenic massive sulphide style mineralization on its highly prospective and well-located properties in Quebec, Canada. The Golden Giant project is located in the James Bay region, only 2.9 kilometres from Azimut Exploration Inc.'s Patwon discovery on its Elmer gold project. The Fernet project is located in the Abitibi greenstone belt and is contiguous with Wallbridge Mining Company Ltd.'s Fenelon/Martiniere property. Both properties are in close proximity to major discoveries, which bodes well for exploration. We seek Safe Harbor.