News & Press Releases | Chesapeake Gold Corp.

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED BOUGHT DEAL PUBLIC OFFERING TO $15 MILLION AND NON-BROKERED PRIVATE PLACEMENT WITH PARTICIPATION BY ERIC SPROTT

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – January 12, 2026 – Chesapeake Gold Corp. (TSXV:CKG) (“Chesapeake” or the “Company”) is pleased to announce that due to significant investor demand, the Company and Red Cloud Securities Inc. (“Red Cloud”), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters”), have agreed to increase its previously announced “bought deal” public offering (the “Underwritten Offering”) from $10,000,002.60 to $15,000,300. Pursuant to the upsized Underwritten Offering, the Underwriters have agreed to purchase for resale 3,571,500 units of the Company (each, a “Unit”) at a price

January 12, 2026

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES $10.0 MILLION BOUGHT DEAL PUBLIC OFFERING

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – January 12, 2026 – Chesapeake Gold Corp. (TSXV:CKG) (“Chesapeake” or the “Company”) is pleased to announce that the Company has entered into an agreement with Red Cloud Securities Inc. (“Red Cloud”), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase for resale 2,380,953 units of the Company (each, a “Unit”) at a price of $4.20 per Unit (the “Offering Price”) on a “bought deal” basis for gross proceeds of $10,000,002.60 (the “Underwritten Offering”). Each

January 12, 2026

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES STOCK OPTION GRANT

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) announces the grant of stock options to Mr. Rajesh Vyas in relation to his appointment as Chief Financial Officer (previously announced by news release dated January 2, 2026) under its Stock Option Plan to purchase an aggregate of 100,000 common shares of the Company at an exercise price of C$4.24 per share for a five-year term expiring January 5, 2031. The options will vest and be exercisable on the basis of 25% annually, commencing January 5, 2027, the first anniversary of the date of the grant. For Further Information: For more information on Chesapeake, its Metates and Lucy

January 5, 2026

PRESS RELEASE

CHESAPEAKE ANNOUNCES MANAGEMENT UPDATES

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) is pleased to announce that Jean-Paul Tsotsos has been appointed as the Company’s permanent Chief Executive Officer (“CEO”), effective January 1, 2026, following his service as Interim CEO since November 1, 2023. Chesapeake is also pleased to announce the appointment of Rajesh Vyas as Chief Financial Officer and Corporate Secretary, effective January 1, 2026. Mr. Vyas is a seasoned finance executive with over 25 years of experience in the mining industry, including international leadership roles. Mr. Vyas started his mining career as a Controller at the Suriname operations of Iamgold Corporation and has since held progressively senior roles,

January 2, 2026

PRESS RELEASE

CHESAPEAKE CONFIRMS NO MATERIAL CHANGE

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) announces that at the request of CIRO, Chesapeake wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. For Further Information: For more information on Chesapeake, its Metates and Lucy Projects or proprietary oxidative leach technology, please visit our website at http://www.chesapeakegold.com or contact Jean-Paul Tsotsos at invest@chesapeakegold.com or +1 778 731 1362. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

December 22, 2025

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES STOCK OPTION GRANT

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 69,000 common shares of the Company at an exercise price of C$2.84 per share for a five-year term expiring December 19, 2030. The stock options were granted to officers of the Company. The options will vest and be exercisable immediately. About Chesapeake Chesapeake Gold Corp’s flagship asset is the Metates Project (“Metates”) located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas1 with over 16.77 million ounces of gold at 0.57 grams per tonne (g/t)

December 19, 2025

Uncategorized

CHESAPEAKE GOLD COMPLETES SALE OF TATATILA PROJECT FOR 14.99% OF MEXICAN GOLD

Vancouver, British Columbia – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to announce that, pursuant to the definitive agreement previously announced in the Chesapeake news release dated October 1, 2025, it has completed the sale of its Tatatila gold-copper project (“Tatatila”) located in Veracruz, Mexico to Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (“Mexican Gold”). At closing, Chesapeake acquired 4,451,361 common shares of Mexican Gold (the “Consideration Shares”), representing 14.99% of the outstanding Mexican Gold common shares on an undiluted basis. Chesapeake also received a 1.5% net smelter return royalty (the “Royalty”). Mexican Gold may repurchase 0.5% of the Royalty (reducing the Royalty

November 12, 2025