Hanstone Gold Closes Loan Transaction

About this update from Hanstone Gold Corp.

Vancouver, BC, March 5, 2026 – TheNewswire - Hanstone Gold Corp. (TSX.V:HANS) (FRA:HGO) (the “Company” or “Hanstone”) is pleased to announce that it will be conducting a loan transaction (the “Loan”) under which it will borrow up to $300,000 (the “Principal”) from an affiliate (the “Lender”) of Mr. Gurbakhshish “Bob” Hans, a director of Hanstone.  The Lender previously loaned an aggregate of $2,025,000 to Hanstone in 2023, 2024 and 2025 (the “Past Loan Amounts”). The new Loan was conducted under an amended and restated loan agreement (the “Amended Loan Agreement”) dated as of March 4, 2026 which contemplates total loaned funds of $2,325,000, being the Past Loan Amounts and the Principal. The Past Loan Amounts are repayable on August 1, 2027, and the Principal is repayable on the earlier of (i) written demand by the Lender, and (ii) August 1, 2027. The Principal and the Past Loan Amounts accrue interest at 15% per annum, such interest calculated and payable annually in arrears. The Principal, the Past Loan Amounts, and interest thereon are secured by a perfected first priority security interest in all present and after-acquired property of the Company. Hanstone will use the Loan for general corporate purposes approved by Hanstone’s board of directors and by the Lender. As Mr. Hans is an insider of the Company, the Loan is a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Loan is exempt from the formal valuation requirement under MI 61-101 because Hanstone’s securities are not listed on any of the markets specified in MI 61-101, and the Loan is exempt from the minority shareholder approval requirement under MI 61-101 because the Loan is not convertible into or repayable in, directly or indirectly, equity or voting securities of the Company and is made on reasonable commercial terms that are no less advantageous to the Company than if the Loan was made by an arm’s length party. A material change report respecting the Loan was not filed at least 21 days before closing, which is reasonable given the exemptions from MI 61-101 described above. Hanstone’s independent directors have approved the Loan. This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualif...

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