Tiger Gold Corp. Announces Upsize of Offering Special Warrants to $18,000,000

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Tiger Gold Corp. (TSXV: TIGR) (FSE: D150) (OTCQB: TGRGF) ("Tiger" or the "Company") is pleased to announce that the Company has increased the size of its previously announced commercially reasonable efforts offering of special warrants ("Special Warrants") from $15,000,000 to up to $18,000,000 (the "Offering") at a price of C$0.82 per Special Warrant (the "Issue Price").

The Offering is being led by SCP Resource Finance LP ("SCP"), as lead agent, on behalf of itself and a syndicate of agents (together, the "Agents"), consisting of up to 21,951,220 Special Warrants of the Company at the Issue Price for aggregate gross proceeds of up to $18,000,000 to accelerate drilling at the Company's Ceibal target with a goal of completing a Maiden Resource at Ceibal by the end of the year.

Each Special Warrant, subject to the Penalty Provision (as defined below), shall be automatically exercised (without payment of any further consideration and subject to customary anti-dilution adjustments) into units of the Company (the "Units"), with each Unit consisting of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant") on the date that is the earlier of: (i) the date that is three business days following the date on which the Company obtains a receipt (the "Final Receipt") from the British Columbia Securities Commission for a short form prospectus (the "Qualification Prospectus"), qualifying the distribution of the securities issuable upon exercise or deemed exercise of the Special Warrants; and (ii) the date that is four months and one day following the Closing Date (as defined below) (the "Qualification Deadline"). Each Warrant shall entitle the holder thereof to acquire one Common Share (a "Warrant Share") at a price per Warrant Share of C$1.20 for a period of 36 months following the Closing Date. The Offering is expected to close on or about June 10, 2026 (the "Closing Date").

The Company has granted the Agents an option, exercisable in whole or in part upon the Agents giving notice to the Company at any time up to 48 hours prior to the Closing Date, to sell additional Special Warrants at the Issue Price for additional gross proceeds to the Company of up to C$5,000,000 (the "Over-Allotment Option").

The Company has agreed to use commercially reasonable efforts to prepare and file a preliminary short form prospectus in the Qualifying Jurisdictions (as defined below) where the Special Warrants were sold, qualifying the distribution of the Units, within three (3) business days after the Closing Date. The Company has agreed to promptly resolve all comments received or deficiencies raised by the securities regulatory authorities and use its commercially reasonable efforts to obtain the Final Receipt for the Qualification Prospectus as soon as possible after such regulatory comments and deficiencies have been resolved, and in any event, within 45 days following the Closing Date. In the event the Final Receipt is not received for the Qualification Prospectus on or before the Qualification Deadline, each Special Warrant and Compensation SW (as defined below) shall be automatically exercised and will entitle the holder to receive 1.1 Units, or Compensation Options (as defined below), as applicable (the "Penalty Provision").