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HVG.V ·

Harvest Gold Announces Option Grants

Share Capital & Compensation

HARVEST GOLD CORPORATION Suite 400 – 1681 Chestnut Street Vancouver, BC V6CJ 4M6

T: (604) 737-2303 F: (604) 737-1140 E: [email protected] W: www.harvestgoldcorp.com

HARVEST GOLD ANNOUNCES OPTION GRANTS

Vancouver, British Columbia / May 12, 2025 - Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold” or the “Company”) announces that it has granted incentive stock options to purchase up to 4,000,000 common shares to certain directors, officers, consultants and advisors of the Company at an exercise price of $0.06 per share for a period of five years, in accordance with the provisions of its stock option plan.

Harvest Gold President and CEO, Rick Mark, states: “Our last option grant was in December 2021. In the past three and a half years, our entire team has remained with us and has been dedicated to finding a new opportunity for our shareholders. With our Quebec, Urban Barry property package nearing drill readiness, we have accomplished that goal. Our operating overhead costs remain low and many of our team work with minimal compensation. Our Board of Directors believes it is time to recognize their contributions and incentivize them to continue their excellent work.”

About Harvest Gold Corporation

Harvest Gold is focused on exploring for near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold has three active gold projects focused in the Urban Barry area, totalling 377 claims covering 20,016.87 ha, located approximately 45-70 km west of Gold Fields - Windfall Deposit (Figure 2).

Harvest Gold acknowledges that the Mosseau Gold Project straddles the Eeyou Istchee-James Bay and Abitibi territories. Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

Harvest Gold’s three properties, Mosseau, Urban-Barry and LaBelle, together cover over 50 km of favorable strike along mineralized shear zones.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark President and CEO Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata @ 604.737.2303 or [email protected]

Neither 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 release.