NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (Frankfurt: 997) (the "Company" or "Headwater") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. as lead agent and sole bookrunner (the “Agent”), in connection with a “commercially reasonable efforts” private placement of up to 8,621,000 common shares of the Compa ...

Vancouver, British Columbia - TheNewswire - February 23, 2026: Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the "Company" or "Headwater") is pleased to announce the completion of drill programs at the Lodestar and TJ projects located in Nevada, United States.  Lodestar drilling was 100% funded by Newmont Corporation (“Newmont”) (NYSE: NEM, ASX: NEM, PNGX: NEM) through an earn-in agreement announced on May 9, 2023.  TJ drilling was 100% funded by OceanaGold Corporation (“OceanaGold”) (TSX: OGC, OTCQX: OCA ...

Vancouver, British Columbia - TheNewswire - February 18, 2026: Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the "Company" or "Headwater") is pleased to announce that CSAMT resistivity and ground gravity geophysical surveys are underway at its 100%-owned Jake Creek project in Nevada. The surveys are fully funded pursuant to the earn-in agreement with OceanaGold Corporation (“OceanaGold”) (TSX: OGC, OTCQX: OCANF) (“Oceana”) announced on October 15, 2025.Highlights: CSAMT and Gravity Geophysical Surveys Un ...

Core Insights - Headwater Gold Inc. has successfully upgraded to trade on the OTCQX® Best Market from the OTCQB® Venture Market, indicating a significant milestone for the company [1][3][4] Company Overview - Headwater Gold Inc. is a mineral exploration company focused on high-grade precious metal deposits in the Western USA, with a large portfolio of epithermal vein exploration projects [5] - The company is led by a technical team of experienced geologists with backgrounds in capital markets, junior companies, and major mining firms [5] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] - The upgrade to OTCQX is expected to enhance Headwater Gold's visibility among U.S. investors and broaden its shareholder base, promoting greater liquidity [4]

Core Viewpoint - Headwater Gold Inc. has successfully upgraded to the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors [1][3][4]. Company Overview - Headwater Gold Inc. is a mineral exploration company focused on high-grade precious metal deposits in the Western USA, with a large portfolio of epithermal vein exploration projects [5]. - The company is led by a technical team of experienced geologists with backgrounds in capital markets, junior companies, and major mining firms [5]. Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3]. - The upgrade to OTCQX is a significant milestone for Headwater Gold, allowing it to broaden its shareholder base and promote greater liquidity [4]. Trading Information - Headwater Gold Inc. began trading on OTCQX under the symbol "HWAUF," with financial disclosures and real-time quotes available on the OTC Markets website [2]. OTC Markets Group Overview - OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities, providing critical market infrastructure for broker-dealers [6].

Vancouver, British Columbia - TheNewswire - February 17, 2026:  Headwater Gold Inc. (CSE: HWG, OTCQX: HWAUF) (the "Company" or "Headwater") is pleased to announce it has graduated from the OTCQB Venture Market to the OTCQX Best Market and begins trading on the OTCQX Market today under the symbol “HWAUF”. The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governanc ...

Summary of Key Points Core Viewpoint - Headwater Gold Inc. has granted 1,825,000 incentive stock options to its directors, officers, employees, and consultants, which are exercisable at a price of $0.75 for a five-year term and vest immediately [1]. Group 1 - The total number of stock options granted is 1,825,000 [1]. - Each option allows the purchase of one common share at a price of $0.75 [1]. - The options have a term of five years and vest immediately upon grant [1].

Core Insights - Headwater Gold Inc. has entered into a definitive earn-in agreement with Centerra Gold Inc. for Centerra to earn up to a 70% interest in Headwater's Crane Creek project in Idaho through staged exploration expenditures totaling up to US$25,000,000 and the completion of a preliminary economic assessment report [1][3][4] Agreement Structure - The earn-in agreement allows Centerra to acquire a 70% interest in the Crane Creek project by making an initial cash payment of US$87,000 and subsequent annual cash payments of US$50,000 starting on the first anniversary of the agreement [5][6] - The agreement consists of three stages: - **Stage 1**: Centerra can earn a 51% interest by funding US$10,000,000 in exploration expenditures within four years, including a minimum commitment of US$2,500,000 in the first three years [6][7] - **Stage 2**: Centerra may earn an additional 9% interest (up to 60%) by funding an additional US$15,000,000 within four years following Stage 1 [7][8] - **Stage 3**: Centerra can earn an additional 10% interest (up to 70%) by completing a preliminary economic assessment report that includes a minimum of 1,000,000 ounces of gold equivalent within two years following Stage 2 [8] Project Overview - The Crane Creek project is located in western Idaho, approximately 18 km northeast of Weiser and 90 km northwest of Boise, and is fully permitted for drilling [9][11] - The project encompasses an array of mineralized epithermal quartz veins and features characteristics of a well-preserved low-sulfidation system [9][12] - Historical drilling from 1984 to 1996 primarily targeted shallow mineralization, with significant potential for high-grade veins at greater depths remaining untested [12][13] Exploration Plans - Headwater and Centerra will work together to finalize an integrated exploration plan that incorporates recent geophysical datasets and historical results, with the goal of initiating Phase 1 drilling as early as spring 2026 [14]

Core Insights - Headwater Gold Inc. has announced significant findings from a gravity geophysics survey on its Spring Peak and Lodestar projects in Nevada, revealing extensive untested potential for gold mineralization [1][2][3] Spring Peak-Lodestar Gravity Survey - The gravity survey covered approximately 200 square kilometers with 2,336 ground stations, successfully outlining major geological features [2][3] - The survey identified a deep-seated fault system along the Bear Fault corridor, extending over 12 kilometers, which is significantly larger than previously known [4][5] - The survey's findings suggest that the Bear Fault corridor has substantial untested potential for high-grade epithermal veins, particularly in the Disco Zone and Doug target areas [4][6] Untested Potential - The Bear Fault corridor remains largely untested beyond the Disco Zone, presenting opportunities for new discoveries similar to recent significant finds in Nevada [4][6] - The Zodiac target on the Lodestar project and the Doug target at Spring Peak show strong structural alignment in the gravity data, indicating potential for high-grade mineralization [4][7] Implications for Exploration - The gravity survey has refined regional targeting along the Bear Fault, highlighting blind opportunities for exploration under volcanic cover [10] - Additional exploration programs are planned to further investigate vein targets identified by the gravity survey, utilizing advanced geophysical techniques [10] About the Projects - The Spring Peak project is located in the Aurora Mining District and has confirmed high-grade gold mineralization, with significant drill results reported [11] - The Lodestar project, situated near the Spring Peak project, has initiated its first significant exploration program since 1988, indicating potential for high-grade epithermal veins [12][13]

Vancouver, British Columbia - TheNewswire - October 22, 2025: Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the "Company" or "Headwater") is pleased to announce the commencement of drilling on the TJ project, located in northeastern Nevada. The program is expected to total approximately 1,500 metres of core drilling, fully funded through an earn-in agreement with OceanaGold Corporation (TSX: OGC, OTCQX: OCANF) (“OceanaGold”) announced on October 15, 2025.Highlights: Approximately 1,500 metres of core dri ...