St. Augustine Announces Late Filing of Annual Financial Disclosure

Core Viewpoint - St. Augustine Gold and Copper Limited is experiencing a delay in filing its audited annual financial statements for the year ended December 31, 2025, due to additional time required by its auditor to assess certain financial instruments, resulting in a default of its obligations under National Instrument 51-102 [1] Group 1: Financial Reporting and Compliance - The filing of the audited annual financial statements, management's discussion and analysis, and related CEO and CFO certifications will be delayed beyond the March 30, 2026 deadline [1] - The Corporation has applied for a management cease trade order (MCTO) to restrict trading in its securities by management, which does not affect non-insider shareholders [2] - St. Augustine is working with its auditor, Davidson & Company LLP, to complete the audit and plans to remedy the default by filing the required documents by April 21, 2026 [3] Group 2: Company Status and Operations - As of the date of the press release, there are no insolvency proceedings against the Corporation, and no material undisclosed information regarding its affairs [4] - St. Augustine is focused on the development of the King-king Copper-Gold Project, which is one of the largest undeveloped copper-gold deposits globally and is prioritized by the Philippine government [5]