Tiger Gold Corp Announces $15M RTO Financing Led by SCP Resource Finance

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Tiger Gold Corp. ("Tiger" or the "Company") is pleased to provide an update in connection with its proposed transaction with Badger Capital Corp (TSXV: YVR) ("Badger") that will constitute a Qualifying Transaction of Badger under Policy 2.4 - Capital Pool Companies of the TSX Venture Exchange, as previously announced by Badger on September 2, 2025 (the "Proposed Transaction"). In connection with the Proposed Transaction, the Company is pleased to announce it has entered into an engagement letter with SCP Resource Finance LP ("SCP"), on behalf of itself and a syndicate of agents to be determined (together, the "Agents") pursuant to which the Company has launched a "commercially reasonable efforts offering" of subscription receipts of the Company ("Subscription Receipts") for aggregate gross proceeds of up to $15 million (the "Offering").

The Offering will consist of up to 30,000,000 Subscription Receipts at a price of $0.50 per Subscription Receipt. The Company will also grant the Agents an option to purchase up to an additional 20% of the Subscription Receipts, exercisable in whole or in part, at any time up to two business days prior to the closing of the Offering, for additional gross proceeds of up to $3,000,000.

Upon satisfaction of applicable escrow release conditions, including without limitation, satisfaction of all necessary conditions precedent to complete the Proposed Transaction, each Subscription Receipt will be automatically exchanged for one common share of Tiger (a "Tiger Share") and one half of one common share purchase warrant (each whole common share purchase warrant, a "Tiger Warrant"). Each Tiger Warrant will entitle the holder to purchase one Tiger Share at an exercise price of C$1.00 for a period of 3 years from the date of closing of the Proposed Transaction.

Tiger will pay the Agents a commission of 6% of the gross proceeds raised in the Offering (the "Agent's Fee") and will issue the Agents broker warrants ("Tiger Broker Warrants") equivalent to 6% of the total number of Subscription Receipts sold, with each Tiger Broker Warrant being exercisable at a price of $0.50 for a period of 2 years from the date of closing of the Proposed Transaction for one Tiger Share and one-half common share purchase warrant entitling the holder to acquire an additional Tiger Share at an exercise price of $1.00 for a period of 3 years from the date of closing of the Proposed Transaction.