Summary：QGold Takes Bold Step: Unveils Preliminary Prospectus, Unlocking Future Growth OpportunitiesTORONTO,

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QGold Takes Bold Step: Unveils Preliminary Prospectus, Unlocking Future Growth Opportunities

TORONTO, June 16, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (“QGold” or the “Company”) is poised to accelerate its growth trajectory after filing a preliminary short form base shelf prospectus (the “Preliminary Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada. This strategic move underscores the company's commitment to enhancing its financial flexibility and positioning itself for long-term success in the competitive gold exploration sector.

The Preliminary Shelf Prospectus is a significant development for QGold, as it paves the way for the potential issuance of up to $50 million in securities over the next 25 months. This financial maneuverability will enable the company to capitalize on emerging opportunities, drive exploration and development projects, and strengthen its balance sheet. By providing a framework for future financings, QGold is demonstrating its proactive approach to managing its capital requirements and navigating the complexities of the gold market.

The gold exploration industry is characterized by its cyclical nature and sensitivity to macroeconomic trends. However, with global economic uncertainty on the rise, the demand for gold as a safe-haven asset is expected to remain robust. QGold's strategic decision to file the Preliminary Shelf Prospectus reflects its confidence in the long-term outlook for gold prices and its ability to adapt to changing market conditions. As the company continues to advance its exploration projects, it is well-positioned to benefit from the prevailing market dynamics.

Looking ahead, QGold is expected to leverage the flexibility afforded by the Preliminary Shelf Prospectus to drive growth and create value for its stakeholders. With a clear focus on exploration and development, the company is poised to make significant strides in the gold sector. As the industry continues to evolve, QGold's proactive approach and commitment to financial prudence will be key differentiators in its pursuit of long-term success.

In conclusion, QGold's decision to file a Preliminary Shelf Prospectus represents a bold step forward in its growth strategy. By enhancing its financial flexibility and positioning itself for future opportunities, the company is demonstrating its dedication to creating value for its stakeholders. As the gold exploration sector continues to navigate the complexities of the global economy, QGold is well-positioned to emerge as a leader in the industry.