New President, Chairman and Private Placement

Toronto, Ontario--(Newsfile Corp. - November 6, 2025) - Advanced Gold Exploration (CSE: AUEX) ("Advanced Gold" or the "Company") is pleased to announce the appointment of Arndt Roehlig to its Board of Directors, President and CEO effective immediately.

Mr. Roehlig has served on numerous Canadian public company boards operating in the resource and technology sectors. As president and chief executive officer of various companies, Mr. Roehlig has raised millions of dollars for TSX Venture Exchange and CSE listed companies. Mr. Roehlig has decades of corporate experience in the management and development of publicly traded companies.

In addition, the Company would like to announce that Mr. James Atkinson has resigned as the President and Chief Executive Officer of the Company. Mr. Atkinson will continue to serve as a director of the Company and has been appointed Chairman of the Board of Directors of the Company. Mr. Radovan Danilovksy has resigned as a director of the Company, effective November 1, 2025. The Company wishes to thank Mr. Danilovksy and Mr. Atkinson for all their services in the past and wishes them well in their future endeavors.

Finally, the Company wishes to announce that it intends to complete a non-brokered private placement through the issuance of up to 5,000,000 units (each, a "Unit") in the capital of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to $250,000 (the "Offering").

Each Unit shall be comprised of one common share (each, a "Common Share") in the capital of the company and one-half of one whole transferable Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.065 per Common Share for a period of two (2) years from the date of issuance.

All securities issued pursuant to 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. The gross proceeds of the Offering shall be used for general corporate and working capital purposes.

The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange. The Company may pay certain eligible finders a cash commission of up to 10% of the gross proceeds received from subscribers introduced to the Company by such finder.