Advanced Gold Announces Appointment of New CFO

About this update from Magma Silver Corp.

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2026) - Advanced Gold Exploration Inc. (CSE: AUEX) (FSE: ZF2) (OTCQB: AUHIF) ("Advanced Gold" or the "Company") is pleased to announce that further to his role as director of the Company, Jason Baker has been appointed CFO (Chief Financial Officer), replacing David MacDonald. Mr. Baker is a finance professional with Altus Capital Partners, a boutique investment bank based in Vancouver, B.C. Over the past two years, he has helped raise more than $35-million in equity financings for public and private companies, including Scorpio Gold Corp. and Magma Silver Corp. He has served as CFO (chief financial officer) and as a board member of multiple public and private companies, and currently serves in these roles for Magma Silver Corp. Mr. Baker holds a bachelor of commerce in finance from the UBC Sauder School of Business and an accounting diploma from Langara College. David MacDonald has resigned as CFO to retire from accounting. "On behalf of the Board and management, we want to sincerely thank David for his years of dedicated service in various roles and his valuable contributions to Advanced Gold, we wish him the very best in his future endeavors." ABOUT ADVANCED GOLD Advanced Gold Exploration is a Canadian mineral exploration company with a portfolio of Canadian gold and copper properties. The company's expertise is in identifying and acquiring undervalued properties with significant historical work, which it believes it can enhance their economic value at today's prices. The company's purpose is to bring immediate and long-term value to its partners and shareholders. Contact Information Arndt RoehligCEO, President, Director, Advanced Gold Exploration Inc.Email: [email protected]: (604) 318-1034Forward-Looking Information and Cautionary Statements This news release may contain "forward-looking information" within the meaning of applicable securities laws relating to the trading of the Company's securities and the focus of the Company's business. Any such forward-looking statements may be identified by words such as "expects", "anticipates", "intends", "contemplates", "believes", "projects", "plans" and similar expressions. Forward-looking statements in this news releas...

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