Carlin Gold Completes $2.16 Million Financing, Announces New Insider, Mr. Cal Everett

About this update from Snowline Gold Corp.

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Carlin Gold Corporation (TSXV: CGD) (the "Company" or "Carlin") is pleased to announce that it has closed a non-brokered private placement consisting of 7,201,834 units of the Company ("Units") at a price of $0.30 per Unit for aggregate gross proceeds of $2,160,550 (the "Private Placement"). Each Unit consists of one common share of Carlin (a "Common Share") and one Common Share purchase warrant of Carlin (a "Warrant"). Each Warrant is exercisable for a period of two years after the closing of the transaction at an exercise price of $0.45 per Common Share. The Company has approximately $2.8 million in cash following the completion of the above financing, plus approximately $2 million in strategic equity holdings of Snowline Gold Corp. and Fireweed Metals Ltd. The Company intends to use the proceeds of the Private Placement for exploration and maintenance of its Nevada mineral properties and for general working capital purposes. Senior strategic advisor to the Company, Mr. Cal Everett, acquired 966,667 Units pursuant to the Private Placement for total consideration of $290,000. Immediately prior to the Private Placement, Mr. Everett beneficially owned or controlled 860,000 Common Shares, 800,000 common share purchase warrants, and 150,000 options, with each warrant and option entitling Mr. Everett to purchase one additional Common Share upon payment of additional consideration to the Company. These Common Shares, warrants and options represented approximately 4.4% of the Company's then-issued and outstanding Common Shares on an undiluted basis and approximately 8.6% of the Company's then-issued and outstanding Common Shares on a partially diluted basis, assuming conversion of Mr. Everett's warrants and options into Common Shares. As a result of the Private Placement, Mr. Everett now beneficially owns or controls 1,826,667 Common Shares, 1,766,667 common share purchase warrants and 150,000 options, representing approximately 6.9% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 13.2% of the Company's issued and outstanding Common Shares on a partially diluted basis, assuming conversion of Mr. Everett's warrants and options into Common Shares. The Units were...

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