Taura Gold Announces Dispatch of Meeting Materials for Upcoming Shareholders Meeting

Toronto, Ontario--(Newsfile Corp. - October 24, 2025) - Taura Gold Inc. (TSXV: TORA) ("Taura" or the "Company") is pleased to announce that it has dispatched by courier, to the holders of common shares ("Shares") of the Company (collectively, the "Shareholders"), the management information circular (the "Circular"), form of proxy, letter of transmittal (the "Letter of Transmittal") and related meeting materials (collectively, the "Meeting Materials") for the annual general and special meeting of Shareholders (the "Meeting") scheduled to be held at Suite 3200, 40 Temperance Street, Toronto, Ontario, M5H 0B4, on Friday, November 14, 2025, at 2:00 p.m. (Toronto time).

The Meeting is being held to consider and vote on: (i) a special resolution (the "Arrangement Resolution") to approve the previously-announced plan of arrangement (the "Arrangement") under the provisions of Division 5 of Part 9 of the Business Corporations Act (British Columbia), whereby Axcap Ventures Inc. ("Axcap") will acquire all of the issued and outstanding Shares, in exchange for common shares of Axcap, and (ii) certain annual and general business, all as more particularly described in the Circular.

Copies of the Circular and the Meeting Materials can be found on the Company's website at https://www.tauragold.com/ and under the Company's issuer profile on SEDAR+ at www.sedarplus.ca.

Completion of the Arrangement remains subject to, among other things: (i) the approval of the Arrangement Resolution at the Meeting; (ii) the receipt of the final order of the British Columbia Supreme Court in connection with the Arrangement; (iii) the receipt of the requisite approvals of the Canadian Securities Exchange and the TSX Venture Exchange ("TSXV"); and (iv) the satisfaction or waiver, where permitted, of certain additional conditions described in the Circular.

** YOUR VOTE IS IMPORTANT - PLEASE VOTE TODAY **

The board of directors of the Company (the "Board") has unanimously determined that the consideration to be received by the Shareholders pursuant to the Arrangement is fair, from a financial point of view, to the Shareholders, for the reasons described in the Circular. Accordingly, the Board unanimously recommends that the Shareholders vote FOR the Arrangement Resolution. The Company also recommends that Shareholders vote FOR each of the annual and general items of business described in the Circular.