Thesis Gold & Silver Inc (TAU)

VIDEO - BTV Explores Thesis Gold, Lion Copper & Gold, Brixton Metals, North American Iron, Quimbaya Gold, Canstar Resources, Capitan SilverApril 8, 2026 12:00 PM
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Wednesday, April 8 at 7:30 PM EST & Saturday, April 11 at 8 PM EST Tune into BTV and Discover Investment Opportunities. Vancouver, British Columbia--(Newsfile Corp. - April 8, 2026) - As capital flows back into the resource sector, BTV - Business Television showcases companies converting exploration success and strategic execution into real growth potential.[Suppressed Sound Link]Cannot view this video? Visit:
www.b-tv.com/post/btv-explores-thesis-gold-lion-copper-gold-brixton-metals-north-american-iron-quimbaya-gold-canstar-resources-capitan-silver-btv-401Thesis Gold & Silver (TSXV: TAU) (OTCQX: THSGF) - Backed by a growing gold and silver resource and strategic investment from major producers, Thesis is advancing a development-stage asset in British Columbia. With a completed pre-feasibility study, strong infrastructure access, and ongoing permitting, the company is positioning for long-term growth in a tier-one jurisdiction.Lion Copper & Gold Corp. (CSE: LEO) (OTCQB: LCGMF) - With over 3 billion pounds of copper resources, Lion Copper & Gold is advancing a large-scale U.S. development asset supported by a strategic partnership with a Rio Tinto subsidiary. By funding feasibility and permitting simultaneously, the company is working to accelerate timelines while aligning with rising demand for domestically sourced copper.Brixton Metals (TSXV: BBB) (OTCQX: BBBXF) - Entering an active exploration phase, Brixton is drilling across multiple assets with a focus on high-grade silver. Recent results have returned strong intercepts, supporting efforts to define a maiden resource and position the company within a market driven by both industrial and investment demand for silver.North American Iron is developing a U.S.-based pig iron production strategy aimed at reducing reliance on imports. Leveraging domestic iron ore resources, the company is targeting meaningful annual output as it advances through permitting, aligning with broader efforts to strengthen North America's industrial supply chain.Quimbaya Gold (CSE: QIM) (OTCQX: QIMGF) - is exploring a district-scale land package in Colombia alongside producing gold operations. Early drilling suggests continuity with nearby deposits, supporting a multi-target exploration strategy in one of the world's highest-grade gold regions.Canstar Resources (TSXV: ROX) - Focused on polymetallic exploration in Newfoundland, Canstar is targeting high-grade systems containing gold, silver, and base metals. With active drilling and strategic partnerships in place, the company is advancing within a historically productive district known for exceptional grades.Capitan Silver Corp. (TSXV: CAPT) - is advancing a high-grade silver system in Mexico, supported by strong drill results and a fully funded exploration program. With an experienced technical team and an expanded drilling campaign underway, the company is working to define scale in a well-established mining region.About BTV - Business Television / BTV The Agency:For 28 years, BTV - Business Television has been the go-to half-hour investment show for savvy investors, delivering exclusive on-location interviews and actionable insights with emerging companies, industry leaders, and market experts. Hosted by Taylor Thoen and Jessica Katrichak, BTV provides investors with direct access to executive teams and compelling investment opportunities not found anywhere else.Discover Investment Opportunities.Watch BTV Episode; BROADCAST NETWORKS and TIMES: CANADA:
Airing on BNN Bloomberg!Wednesday, April 8 @ 7:30pm ETSaturday, April 11 @ 8:00pm ET US National TV:
Biz Television Network - Sun, April 12 @ 1:00pm ETMon, April 13 @ 8:30am ETTues, April 14 @ 8:30pm ET & 11:30pm ETBTV The Agency is a capital markets-focused TV production and digital marketing agency serving publicly traded and financial companies. Through strategic content creation and extensive distribution across top-tier networks including Bloomberg, CNBC, FOX Business News, and leading financial platforms, the agency helps companies reach investors, advisors, and institutions-building brand credibility and driving national retail and institutional investor awareness.Take action now: Know a company investors should be watching?
Put them in front of thousands of active investors on BTV.Contact us directly at (604) 664-7401 or info@b-tv.com. Don't miss a beat-stay informed and ahead of the market by subscribing to BTV news today.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291565
Original: VIDEO - BTV Explores Thesis Gold, Lion Copper & Gold, Brixton Metals, North American Iron, Quimbaya Gold, Canstar Resources, Capitan Silver

Thesis Gold & Silver Identifies Two Distinct Porphyry Targets on the Lawyers-Ranch ProjectMarch 30, 2026 6:00 AM
PR Newswire (US)

VANCOUVER, BC, March 30, 2026 /PRNewswire/ - Thesis Gold & Silver Inc. ("Thesis", or the "Company") (TSXV: TAU) (OTCQX: THSGF) (FSE: A422AH) is pleased to announce the identification of two, high-quality porphyry exploration targets at Ranch and Ranch East. These areas are within the Company's 100% owned Lawyers–Ranch gold–silver Project located in the prolific Toodoggone Mining District of northern British Columbia.The 2025 exploration program focused on two priorities: advancing the understanding of near-surface, high-grade gold in areas such as Bingo, and Steve, and testing for porphyry potential at Ranch and Ranch East, a non-contiguous claim package 15 kilometres ("km") east of the Ranch resource area (Figure 1). Geological mapping, geochemical sampling, reinterpretation of alteration patterns, and insights from the 2025 drill program have identified two distinct porphyry exploration targets. The emerging porphyry potential identified by the Thesis geology team adds to an already strong project foundation established by the 2025 Prefeasibility Study (the "PFS") (see the news release dated Dec. 1, 2025, entitled "Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR"), which outlined a base-case scenario with an after-tax NPV (5%) of C$2.37 billion, a 54.4% IRR, and a 1.1 year payback period at US$2,900 gold and US$35 silver.With metal prices currently well above those base-case assumptions, the project already carries meaningful economic upside. The newly identified porphyry targets at Ranch and Ranch East represent additional opportunity to expand the resource base at Lawyers–Ranch and highlight real potential for this project beyond the development case established in the PFS.Key HighlightsTwo high-quality porphyry exploration targets identified within the Lawyers–Ranch project represent different exposure levels within the continuum of porphyry–epithermal systems:Ranch:The established resource is hosted in a well-developed high-sulfidation lithocap defined by silicic and advanced argillic alteration (alunite, pyrophyllite, dickite, pyrite)A major hydrothermal upflow zone at Moly Corridor was identified by targeting elevated molybdenum in surface samples and coincident resistivity and chargeability anomaliesWell-developed silicic alteration and the presence of gusano textures and diatreme breccia supports proximity to a porphyry systemInterpretation: Ranch lithocap is inferred to overlie a potential porphyry system at depthRanch East:Exposes high-temperature inner propylitic alteration at surface across a >1 km footprintIncludes magnetite–actinolite veins with albite halos and clast-selective epidote alterationSurface grab sampling returned elevated copper and silver values, including:2.31% Cu (bornite-bearing)1.76% Cu with 14.0 ppm Ag (chalcopyrite-bearing)Interpretation: consistent with exposure of deeper levels of a porphyry systemExploration Implications: The presence of both lithocap-hosted and deeper porphyry-level alteration indicates potential for multiple porphyry systems within the Lawyers-Ranch districtThe target identified at Ranch underlies many existing shallow, high-grade gold targetsDuring the 2026 field season, Thesis will continue the work to advance these drill targets in addition to critical-path data collection required for an upcoming Feasibility StudyEwan Webster, President and CEO, commented, "The identification of two porphyry systems at different levels of exposure highlights the district-scale potential emerging at Ranch. Ranch East provides a rare window into deeper levels of a porphyry system, while Ranch preserves the upper lithocap portion of a similar system. Together, these observations significantly expand the exploration potential across the project area, provide compelling new targets for further exploration, and represent exciting upside to the mining scenario already established in our 2025 PFS."Porphyry Exploration in a Magmatic-Hydrothermal SystemPorphyry–epithermal systems are characterized by predictable alteration patterns and overprinting relationships that can be used to vector toward mineralized intrusions at depth (Figure 2). At deeper levels, these systems commonly develop a domain of propylitic alteration (Figure 2: "The Green Rock Environment") that is zoned outward from a central intrusive complex. This alteration is characterized by mineral assemblages that transition from actinolite-bearing through epidote-dominant and outward into chlorite-altered rocks, reflecting a decrease in temperature away from the intrusion.At shallow crustal levels, these systems may be overprinted by lithocaps consisting of silicic, advanced argillic, and argillic alteration, which may host high-sulfidation mineralization (Figure 2: "The Lithocap Environment"). The Ranch resource area is characterized by the features that define a Lithocap environment.The Green Rock and Lithocap environments are separated by a sericite-dominated transition zone, characterized by phyllic and intermediate argillic alteration. This zone represents the interface between lithocap and porphyry environments (Figure 2: "Transition Zone"). Identifying this transition zone, and particularly where hydrothermal fluids were focused, is critical for vectoring toward a porphyry intrusion at depth.Ranch Lithocap: High-Sulfidation System Above a Potential PorphyryWithin the Ranch area, high-sulfidation deposits like at Bonanza-Ridge, BV, and the Thesis Corridor (Figure 1C), are hosted within a lithocap defined by silicic, advanced argillic, and argillic alteration (Figure 3). These characteristics are typical of high-sulfidation epithermal environments that develop above deeper porphyry systems.Within this broader system, the Moly Corridor emerged as a key zone of interest for the 2025 exploration program based on elevated molybdenum and gold values in surface samples and coincident geophysical anomalies (Figure 1C). Elevated molybdenum is atypical of high-sulfidation epithermal systems and more commonly associated with porphyry environments, suggesting the lithocap may overlie a porphyry system at depth.Several additional features further support this interpretation. Gusano textures, defined by wormy and patchy domains of dickite, pyrophyllite, diaspore, and white mica (Figure 3A, D, E), have been observed at depth at the Steve zone. In lithocap systems, these textures are commonly associated with the transition zone directly above porphyry deposits (Figure 2: "Transition Zone").A diatreme breccia (Figure 3A, E) has also been identified within the Moly Corridor. In lithocap environments, these breccias are typically linked to the focused release of hydrothermal fluids above underlying porphyry intrusions and can highlight zones of concentrated fluid "upflow". The interpretation of a hydrothermal upflow zone adjacent to the diatreme in the Moly Corridor is supported by intensely developed silicic and alunite-dominant advanced argillic alteration and a coincident resistivity anomaly (Figure 3A, B, C). Similar upflow zones in high-sulfidation systems are typically positioned directly above porphyry intrusions and represent key vectors toward mineralized centres at depth.At both Steve zone and Moly Corridor, alteration transitions from advanced argillic assemblages into sericite-dominant alteration with localized windows of propylitic alteration. This transition is broadly coincident with a chargeability anomaly, interpreted to reflect the presence of a pyrite-rich plume (Figures 2 and 3).Taken together, these geological, geochemical, and geophysical observations are interpreted to define the transition from lithocap alteration into porphyry-style alteration, supporting the presence of a preserved porphyry system beneath the Ranch lithocap.Ranch East: Inner Propylitic Alteration and Copper–Silver MineralizationRanch East claims were staked in 2024 in part, due to the presence of the regionally significant "Kyba Red Line," which represents the unconformable boundary between Triassic and Jurassic volcanic units. In both the Golden Triangle and the greater Toodoggone district, this boundary is spatially associated with numerous porphyry and epithermal deposits (Figure 1B), and is widely accepted as a prospectivity marker for potential porphyry-style mineralization.In contrast to the Ranch lithocap and underlying transition zone, the target at Ranch East is characterized by high-temperature, inner propylitic alteration (actinolite subzone) and copper–silver mineralization. These characteristics were observed at surface during a 2025 field mapping campaign and suggest that erosion has exposed the deeper portions of a porphyry system (Figures 2 and 4) in this area.The zone of inner-propylitic-altered rock outlined in Figure 4A contains clast-selective and pervasive epidote alteration and veins (Figure 4A, B), quartz–sulfide veins, and, most notably, magnetite–actinolite veins with albite halos (Figure 4C) developed within volcanic host rocks. These features are extensive and occur across an area at least one km in length within a surrounding ~3 km long gossanous zone. Copper–silver mineralization identified through surface sampling is locally associated with the inner-propylitic features described above and is more broadly present across the Ranch East tenure.Together, these observations, and the spatial extent across which they occur indicate that Ranch East represents a compelling porphyry exploration target and provides a rare window into deeper levels of a porphyry-style hydrothermal system within the district.Exploration ImplicationsThe coexistence of inner propylitic alteration at Ranch East and a high-sulfidation lithocap and underlying upflow zone at Ranch indicates that the district preserves multiple levels of porphyry-related hydrothermal systems. This framework significantly expands the exploration potential across the Ranch area and supports the interpretation that additional porphyry systems may be present within the broader project area.Future exploration in 2026 will focus on advancing these targets through continued mapping and sampling across the Ranch East alteration system, expanding geophysical surveys to refine potential intrusive centres, and drilling to test priority porphyry targets across the project.Quality Assurance and ControlSamples were analyzed at Bureau Veritas Minerals Laboratories in Vancouver, Canada (an ISO/IEC 17025-accredited facility). The sampling program was undertaken by Company personnel under the direction of Andrew Turner, P.Geol., P.Geo. A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic emission spectrometry.The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc, P.Geol., P.Geo., a non-independent qualified person as defined by National Instrument 43-101.Grant of Equity CompensationThesis granted, to directors, officers and employees an aggregate of: (i) 1,360,000 stock options (the "Options") (ii) 402,000 restricted share units ("RSUs"); (iii) 393,000 performance share units ("PSUs"); and (vi) 261,000 deferred share units ("DSUs") with all awards governed by the Company's Omnibus Long-Term Incentive Plan and each applicable award agreement.Each vested Option entitles the holder to purchase one common share of the Company (each, a "Common Share") at an exercise price of $2.70 per Common Share for five years from March 27, 2026 (the "Grant Date"). The Options vest one third on the first, second and third anniversaries of the Grant Date.Each vested RSU entitles the holder to receive one Common Share upon settlement. The RSUs vest one third on the first, second and third anniversaries of the Grant Date.Each vested PSU entitles the holder to receive one Common Share upon settlement. The PSUs vest upon satisfaction of certain corporate objectives established by the Company over a three year period.Each vested DSU entitles the holder to receive one Common Share upon settlement. The DSUs vest and settle on the DSU holder's termination date.On behalf of the Board of Directors,Thesis Gold & Silver Inc.,"Ewan Webster"Ewan Webster Ph.D., P.Geo. President, CEO, and DirectorAbout Thesis Gold & Silver Inc.Thesis Gold & Silver Inc. is Canadian precious metals development company focused on advancing its 100%-owned Lawyers-Ranch Gold-Silver Project in British Columbia's prolific Toodoggone Mining District, one of North America's most prospective emerging precious-metals districts. Lawyers-Ranch hosts a large, high-quality gold equivalent Mineral Resource with meaningful exposure to silver, which represents a significant component of the Project and long-term value proposition.Thesis Gold & Silver is advancing Lawyers-Ranch through feasibility, permitting, and continued exploration, with the objective of unlocking long-term value for shareholders and stakeholders.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.Cautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the potential for Steve to contribute to future mineral resource growth, support mine plan expansion and provide a foundation for follow-up drilling in 2026, interpretations with respect to vertically extensive epithermal systems and reinforcement of potential depth extensions at the Lawyers-Ranch Project, demonstration of scale and upside potential of the system, future growth through continued exploration, and the Company's advancement toward feasibility-level studies. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are risks respecting the ability of Thesis to complete further exploration activities, including drilling, the ability of exploration activities to accurately predict mineralization, errors in management's geological and financial modeling, changes to the parameters of the Lawyers-Ranch Project, including budget and schedule, uncertainties with respect to actual results of current exploration activities, delays in the advancement of the Lawyers-Ranch Project, including with respect to drilling activities, equipment availability and/or issues, labour force shortages, fluctuations in metal and foreign exchange rates, limitation on insurance coverage, accidents, lack of available capital to the Company, failure to obtain necessary regulatory approvals as the Lawyers-Ranch Project advances, labour disputes and other risks of the mining industry, the ability of the Company and stakeholders to realize the anticipated benefits of the Lawyers-Ranch Project, delays in obtaining governmental approvals or in the completion of development or construction activities, opposition by social and non-government organizations to mining projects, including First Nations communities, the Company's interest in and title to its properties, including the Lawyers-Ranch Project, resulting from unanticipated title disputes, claims or litigation, the ability of the Company to maintain all current and required permits, cyber-attacks and other cybersecurity risks and changes to tax regimes and other regulatory environments in the jurisdictions relevant to the Company, the ability of the Company to obtain additional financing on satisfactory terms or at all, the ability of management of the Company to operate and grow Thesis' business effectively, fluctuations in metal prices, the speculative nature of mineral exploration and development, and other risks described in the Company's filings, including in the risk factors in the Company's most recent management's discussion and analysis, which are available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.










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Original: Thesis Gold & Silver Identifies Two Distinct Porphyry Targets on the Lawyers-Ranch Project

Thesis Gold & Silver Closes Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44MFebruary 26, 2026 9:02 AM
PR Newswire (Canada)

VANCOUVER, BC, Feb. 26, 2026 /CNW/ - Thesis Gold & Silver Inc. ("Thesis", or the "Company") (TSXV: TAU) (OTCQX: THSGF) (WKN: A3EP87) is pleased to announce that the Company has completed its private placement of common shares in the capital of the Company (the "Common Shares"), as previously announced on February 19, 2026, through the issuance of 5.0% of the Company's issued and outstanding Common Shares to AngloGold Ashanti plc ("AngloGold Ashanti").AngloGold Ashanti has acquired, by way of private placement, 13,858,883 Common Shares at a price of C$2.79 per Common Share for gross proceeds of C$38,666,284. The proceeds from the private placement will be used for working capital and general corporate purposes, including work related to the technical studies currently underway at the Lawyers-Ranch gold-silver Project.In connection with the strategic investment, Thesis and AngloGold Ashanti have entered into an investor rights agreement dated February 26, 2026,whereby, subject to certain conditions, the Company has granted AngloGold Ashanti certain financing and other participation rights to enable AngloGold Ashanti to maintain its shareholding interest in the Company, as well as technical committee appointment rights and other customary investor rights.Pursuant to an investor rights agreement between the Company and Centerra Gold Inc. ("Centerra") dated April 28, 2025, Centerra fully exercised its right to participate in this private placement to maintain its pro rata ownership in the Company and subscribed for additional Common Shares, acquiring 2,059,730 Common Shares at a price of C$2.79 per Common Share for gross proceeds of C$5,746,647 such that its percentage ownership is 9.9% of the outstanding Common Shares.No finder's fees or commissions were paid in connection with the private placement. All Common Shares issued pursuant to the private placement are subject to a statutory hold period expiring four months and one day from closing in accordance with applicable Canadian securities legislation.On behalf of the Board of Directors,Thesis Gold & Silver Inc.,"Ewan Webster"Ewan Webster Ph.D., P. Geo. 
President, CEO, and DirectorAbout Thesis Gold & Silver Inc.Thesis Gold & Silver Inc. is Canadian precious metals development company focused on advancing its 100%-owned Lawyers-Ranch Gold-Silver Project in British Columbia's prolific Toodoggone Mining District, one of North America's most prospective emerging precious-metals districts. Lawyers-Ranch hosts a large, high-quality gold equivalent Mineral Resource with meaningful exposure to silver, which represents a significant component of the Project and long-term value proposition.Thesis Gold & Silver is advancing Lawyers-Ranch through feasibility, permitting, and continued exploration, with the objective of unlocking long-term value for shareholders and stakeholders.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.Cautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the sale of Common Shares to AngloGold Ashanti and Centerra. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.  Risk factors that could materially affect such forward-looking information include risk respecting failure to obtain final approval of the TSX Venture Exchange, dilution respecting additional investment in the Company and that the use of proceeds may not be expended as anticipated by the Company. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis, which is available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.SOURCE Thesis Gold & Silver Inc.

Original: Thesis Gold & Silver Closes Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M

Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44MFebruary 19, 2026 7:19 AM
PR Newswire (Canada)

VANCOUVER, BC, Feb. 19, 2026 /CNW/ - Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce the Company and AngloGold Ashanti Plc ("AngloGold Ashanti") have entered into a subscription agreement (the "Subscription") whereby AngloGold Ashanti will acquire 5% of the issued and outstanding common shares of the Company ("Common Shares").







Dr. Ewan Webster, President & CEO commented, "We are very pleased to welcome AngloGold Ashanti as a strategic investor in Thesis. Their investment is a strong validation of the quality and scale of the Lawyers-Ranch Project and the disciplined work our team has completed to date. AngloGold Ashanti's global operating experience, technical depth, and long-term approach to building high-quality mining districts create meaningful opportunities for collaboration as we continue to advance, de-risk, and unlock the full potential of the project."Pursuant to the Subscription, AngloGold Ashanti has agreed to purchase, by way of private placement, 13,858,883 Common Shares at a price of $2.79 per Common Share for gross proceeds of $38,666,284. The issue price represents the volume weighted average price of the Common Shares as traded on the TSX Venture Exchange (the "TSXV") on February 18, 2026.In connection with closing of the Subscription, Thesis and AngloGold Ashanti will enter into an investor rights agreement, whereby, subject to certain conditions, the Company will grant AngloGold Ashanti certain financing and other participation rights to enable AngloGold Ashanti to maintain its shareholding interest in the Company, as well as technical committee appointment rights and other customary investor rights.Pursuant to an investor rights agreement between the Company and Centerra Gold Inc. ("Centerra") dated April 28, 2025, Centerra has certain investor rights, including the right to participate in financings to maintain its pro rata ownership in the Company. Centerra has informed the Company that it intends to fully exercise this right and subscribe for additional Common Shares in connection with this private placement and will acquire 2,059,730 Common Shares at a price of $2.79 per Common Share for gross proceeds of $5,746,647 such that its percentage ownership will be 9.9% of the outstanding Common Shares at closing (the "Centerra Subscription").Proceeds from the Subscription and from the Centerra Subscription will be used for working capital and general corporate purposes, including work related to the technical studies currently underway at the Lawyers-Ranch gold-silver Project. The Company anticipates the Subscription and the Centerra Subscription will close on or around February 26, 2026, subject to satisfying customary closing conditions. Gross proceeds from the issuance of Common Shares to AngloGold Ashanti and Centerra will be approximately $44,412,931. All figures in this release are presented in CAD unless otherwise stated.All Common Shares issued pursuant to the Subscription and the Centerra Subscription will be subject to a statutory hold period of four months and one day from the date of closing in accordance with applicable Canadian securities legislation. Closing of the Subscription and Centerra's subscription for Common Shares are subject to certain conditions including, but not limited to, receipt of approval of the TSXV. No commissions or finders fees will be paid in connection with the Subscription and the Centerra Subscription.On behalf of the Board of Directors,
Thesis Gold Inc.,"Ewan Webster"Ewan Webster Ph.D., P. Geo.
President, CEO, and DirectorAbout Thesis Gold Inc.Thesis Gold Inc. is a precious metals development company focused on unlocking the full potential of its 100%-owned Lawyers-Ranch Gold/Silver Project, located in British Columbia's prolific Toodoggone Mining District. The recently published Prefeasibility Study outlines robust project economics, including a 54.4% after-tax IRR and an after-tax NPV5% of C$2.37 billion (at US$2,900/oz Au and US$35/oz Ag), underscoring the Project's strong value-creation potential. The Company has commenced the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further advance and de-risk the Project. Through these milestones, Thesis Gold is working to elevate the Lawyers-Ranch Project to the forefront of global precious metals development.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Subscription, intended closing date of the Subscription, and the execution of the investor rights agreement and the terms with respect thereto as well as the subscription for Common Shares by Centerra and TSXV approval. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.  Risk factors that could materially affect such forward-looking information include that the Subscription may not close when anticipated or at all, risk relating to obtaining approval of the TSX Venture Exchange, and commodity price volatility and the impact on the Company. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis, which is available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.



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Original: Thesis Gold Announces Strategic Investment by AngloGold Ashanti and Participation by Centerra Gold for C$44M

Thesis Gold Strengthens Its Board of Directors with the Appointment of Ms. Coille van AlphenFebruary 6, 2026 7:00 AM
PR Newswire (Canada)

VANCOUVER, BC , Feb. 6, 2026 /CNW/ - Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce the appointment of Ms. Coille van Alphen to its Board of Directors, effective immediately. Ms. van Alphen is a seasoned mining investment professional with over 15 years of experience across public equities, capital markets, and strategic investing. She currently serves as a Mining & Metals Portfolio Manager at Equinox Partners, a value-oriented investment firm with a long-term focus on resource equities and the largest institutional shareholder of Thesis.







Previously, Ms. van Alphen held senior investment roles at the Canada Pension Plan Investment Board and Canaccord Genuity, where she focused on global mining and metals investments. Her appointment further strengthens the Company's Board as Thesis transitions from advanced exploration into project development, while continuing to align governance with the interests of long-term shareholders.Dr. Ewan Webster, President & CEO commented, "We are thrilled to welcome Coille to the Thesis Board of Directors. Her disciplined long-term investment approach and deep capital markets expertise will be invaluable as we move Lawyers-Ranch through feasibility, permitting, and into development."Ms. van Alphen commented, "I am honoured to join the Thesis Board at this exciting time for the Company. I look forward to working with the strong management team and my fellow directors, and to contributing my experience as Thesis continues to advance the Lawyers-Ranch Project and deliver long-term value for shareholders."On behalf of the Board of Directors,
Thesis Gold Inc.,"Ewan Webster"Ewan Webster Ph.D., P. Geo.
President, CEO, and DirectorAbout Thesis Gold Inc.Thesis Gold Inc. is a precious metals development company focused on unlocking the full potential of its 100%-owned Lawyers-Ranch Gold/Silver Project, located in British Columbia's prolific Toodoggone Mining District. The recently published Prefeasibility Study outlines robust project economics, including a 54.4% after-tax IRR and an after-tax NPV5% of C$2.37 billion (at US$2,900/oz Au and US$35/oz Ag), underscoring the Project's strong value-creation potential. The Company has commenced the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further advance and de-risk the Project. Through these milestones, Thesis Gold is working to elevate the Lawyers-Ranch Project to the forefront of global precious metals development.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company's transition from advanced exploration into project development and anticipated progression of Lawyers-Ranch through the feasibility stage into development. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis, which is available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.



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Original: Thesis Gold Strengthens Its Board of Directors with the Appointment of Ms. Coille van Alphen

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Watch the video here:

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