Zodiac Gold Offsets Carbon Footprint from Current Drill Program and Operations and Announces Financing Extension

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2025) - Zodiac Gold Inc. (TSXV: ZAU) ("Zodiac Gold" or the "Company"), a West-African gold exploration company, is pleased to announce that it has offset the carbon emissions associated with its current Phase III drill program and its diesel-powered office generators. This milestone reflects the Company's ongoing commitment to sustainability and responsible exploration.

"At Zodiac Gold, environmental responsibility is central to how we operate. As we expand our exploration footprint, we're equally committed to minimizing our impact and offsetting our carbon emissions where possible," said David Kol, CEO of Zodiac Gold. "Our partnership with Karbon-X enables us to manage our carbon footprint proactively and positions us as a leader in sustainable exploration in West Africa."

Zodiac Gold achieved this by acquiring and retiring Verified Emission Reductions (VERs) through its partnership with Karbon-X Project Inc., a leading Canadian provider of voluntary carbon offsets. The VERs were sourced from the Turkey Run-of-River Hydro Project, a recognized renewable energy initiative registered under an international GHG registry.

The offset includes emissions from:

• 2,250 meters of diamond drilling, accounting for 5.78 tCO2e, and

• 14,000 gallons of diesel fuel were used for Zodiac Gold's generator operations, which equated to 143 tCO2e.

Zodiac Gold believes that integrating carbon offsetting into its exploration efforts not only supports global climate goals but also sets a new standard for exploration companies operating in frontier markets.

Financing Extension

Zodiac Gold has received an extension from the TSX Venture Exchange ("TSXV") with respect to the closing of its previously announced non-brokered private placement on February 6, 2025, and March 17, 2025 (the "Offering"). The outside date of the Offering has been extended until May 9, 2025. As announced on March 18, 2025, the Company closed the first tranche of the Offering, issuing an aggregate of 5,775,857 common shares ("the "Common Shares") at C$0.07 per share for gross proceeds of C$404,310. Zodiac Gold requested the extension to accommodate certain insiders and potential strategic investors who have indicated an interest in participating in the Offering but require additional time to complete their subscriptions.