A2 GOLD ANNOUNCES COMPLETION OF WARRANT EXERCISE INCENTIVE PROGRAM

TONOPAH, Nev., Jan. 30, 2026 /PRNewswire/ – A2Gold Corp. („A2Gold“ or the „Company“) (TSX-V: AUAU) (OTCQX: AUXXF) (FWB: RR7) is pleased to announce that, further to its news release of December 29, 2025, it has completed its previously announced warrant exercise incentive program (the „Incentive Program„) receiving $5,800,480 from the exercise of 8,286,400 previously issued and outstanding common share purchase warrants (the „Eligible Warrants„). The Eligible Warrants were exercisable at $0.70 per common share and were originally issued in connection with a non-brokered private placement of units completed by the Company on September 5, 2025.

Under the terms of the Incentive Program, each holder who exercised an Eligible Warrant during the Incentive Period received, for each Eligible Warrant exercised, one third (1/3) of an additional common share purchase warrant (an „Incentive Warrant„). Each whole Incentive Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $1.00 per share for a period of 12 months from the date of issuance. On completion of the Incentive Program, the Company issued a total of 2,762,137 Incentive Warrants.