TNR Gold Welcomes CAN$4.2 Million Strategic Investment by Altius Minerals

Vancouver, British Columbia--(Newsfile Corp. - April 6, 2026) - TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to announce that the Company plans to complete a private placement by Altius Resources Inc. ("Altius Resources"), a wholly-owned subsidiary of Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) ("Altius") for gross aggregate proceeds of approximately CAN$4.2 million (the "Private Placement"). TNR and Altius Resources have entered into a subscription agreement dated April 2, 2026 (the "Subscription Agreement"), pursuant to which Altius Resources has agreed to subscribe for and take up 23,500,000 common shares in the capital of the Company (the "Offered Shares"), representing approximately 9.9% of TNR's issued and outstanding common shares ("TNR Shares") on a post-issuance basis, at an issue price per Offered Share equal to the 30-day VWAP of the Shares for the 30 trading days prior to the date of the Subscription Agreement, being CAN$0.1775 per TNR Share.