St. Augustine Announces Late Filing of Annual Financial Disclosure

About this update from St. Augustine Gold & Copper Ltd.

St. Augustine Announces Late Filing of Annual Financial DisclosureManila, Philippines--(Newsfile Corp. - March 30, 2026) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Corporation") today announces that the filing of its audited annual financial statements, management's discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2025 (the "Required Filings"), will be delayed beyond the filing deadline of March 30, 2026, and as a result it will be in default of its obligations under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations. The delay in the completion of the Required Filings is as a result of additional time required by the Corporation's auditor to complete the accounting assessment of certain financial instruments issued by the Corporation during its most recent financial year. The delay caused by the assessment of the instruments means the auditor of the Corporation requires more time in order to complete the audit of the Corporation's financial statements for the year ended December 31, 2025. The Corporation has made an application to the Ontario Securities Commission (the "OSC") for a management cease trade order (the "MCTO"), which would restrict all trading in securities of the Corporation, whether direct or indirect, by management of the Corporation. The MCTO does not generally affect the ability of shareholders who are not insiders of the Corporation to trade their securities. There is no certainty that the MCTO will be granted.The Corporation is working expeditiously with its auditor, Davidson & Company LLP, to complete the audit as soon as possible. St. Augustine plans to remedy the default and file the Required Filings as soon as it is able to do so and expects such filing to occur on or prior to April 21, 2026. The Corporation also intends to satisfy the provisions of the alternate information guidelines of Section 10 of National Policy 12-203 Management Cease Trade Orders as long as it is in default of the filing requirements. The Corporation confirms that there are no insolvency proceedings against it as of the date of this press release. The Corporation also confirms that there is no other material information concerning the affairs of the Corporation that has not been generally disclosed as of the date of this press release....

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