QGold Provides Update on Acceleration of Warrants

TORONTO, June 11, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (“QGold” or the “Company”) announced on April 22, 2026, that its share price had closed at $0.295, after closing at or above $0.25 for the previous 10 consecutive days. In accordance with the terms of the warrant indenture between the Company and TSX Trust Company (in its capacity as the warrant agent) dated October 3, 2025, pursuant to which the Company issued 38,333,333 common share purchase warrants (the “Warrants”), that announcement triggered the Company’s voluntary expiry acceleration right (the “Acceleration Right”) in respect of the Warrants.