Vancouver, B.C. – September 11, 2026 – Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (“Canagold” or the “Company”) is pleased to announce that its 100%-owned New Polaris Gold-Antimony Project, located in northwestern British Columbia, has been included in the Canada Investment Summit Prospectus, highlighting New Polaris as a project of strategic importance and investment potential within Canada’s critical minerals and mining sector.
The Canada Investment Summit (the “Summit”) is being hosted by Canadian Prime Minister Mark Carney, in partnership with the Canada Pension Plan Investment Board (CPP Investments) and the Public Sector Pension Investment Board (PSP Investments), in Toronto, Ontario, on September 14 and 15, 2026. The Summit will bring together international institutional capital, strategic industry participants and government partners with the objective of attracting up to $1 trillion of investment into Canada, including investment into a select group of Canadian projects identified in the Prospectus.
New Polaris is a feasibility-stage gold-antimony project, with a Feasibility Study completed in 2025 outlining the potential for a significant underground gold and antimony mining operation. Antimony has been designated a critical mineral by Canada given its strategic importance to defense, electronics and clean-energy applications, positioning New Polaris as one of a limited number of advanced-stage Canadian projects with the potential to establish a domestic source of both gold and antimony.
For Canagold, inclusion of the New Polaris Project provides an important validation of the project’s potential to become a significant domestic source of gold and antimony production and to contribute to the development of Canada’s critical minerals supply chain.
New Polaris is located in northwestern British Columbia, one of Canada’s most prospective and well-established mining jurisdictions. Its location provides access to regional infrastructure, a skilled mining workforce and technical expertise, and an active permitting and regulatory framework — key advantages for the potential development of a major underground mining operation.
“Inclusion in the Canada Investment Summit Prospectus recognizes New Polaris as one of the premier development-stage projects in the country, with the potential to make a meaningful contribution to Canada’s critical minerals strategy,” commented Catalin Kilofliski, Chief Executive Officer of Canagold. “With our Feasibility Study complete and our Environmental Assessment Application under active review, New Polaris is well-positioned to advance toward a construction decision. We are proud to represent British Columbia’s gold and antimony potential at this event, and we welcome the opportunity to engage with the institutional capital and strategic partners the Summit will bring together.”
The Prospectus inclusion comes at an important time for Canagold as the Company advances New Polaris and continues to position the project for potential development and strategic investment.
Advancing New Polaris
Canagold submitted its Environmental Assessment Application for New Polaris in April 2026, a significant milestone in advancing the project toward development, and New Polaris was subsequently designated a Priority Project by the Province of British Columbia. The Company completed a Feasibility Study for New Polaris in 2025 and continues to advance the project through environmental assessment, permitting, technical studies and stakeholder engagement, including close collaboration with Indigenous Nations, local communities and government partners.
The Company believes that recognition through the Canada Investment Summit further enhances New Polaris’s visibility among institutional investors, strategic partners and potential sources of project capital, while underscoring the broader strategic value of developing a domestic Canadian gold and antimony supply chain.
About Canagold
Canagold Resources Ltd. is an advanced development company focused on advancing the New Polaris Gold-Antimony Project in northwestern British Columbia through permitting and toward production. The Company completed a Feasibility Study for New Polaris in 2025 and continues to advance the project through environmental assessment, permitting, technical studies and stakeholder engagement.
Canagold’s objective is to responsibly develop New Polaris into a significant gold and antimony operation while creating long-term value for shareholders and meaningful benefits for Indigenous Nations and local communities.
“Catalin Kilofliski”
For further information, please contact:
Catalin Kilofliski, Chief Executive Officer
CANAGOLD RESOURCES LTD.
catalin@canagoldresources.com
Tel: 604-685-9700
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation, including: projections; outlook; guidance; forecasts; estimates; and other statements regarding future or estimated financial and operational performance, gold and antimony production and sales, revenues and cash flows, and capital costs (sustaining and non-sustaining) and operating costs, including projected cash operating costs and AISC; future or estimated mine life, metal price assumptions, ore grades or sources, recovery rates, throughput, ore processing; statements regarding anticipated future plans, development, construction, permitting and other activities or achievements of Canagold, including statements regarding the Company’s participation in, and any benefits expected to result from, the Canada Investment Summit; and including, without limitation: planned gold and antimony production; the results and estimates in the Feasibility Study, including the project life, average annual production, total production, processing rate, capital cost, net present value, after-tax net cash flow and payback; and the potential to develop the New Polaris Project as an underground mine. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.
Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond Canagold’s control, including risks associated with or related to: the volatility of metal prices and Canagold’s common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving production, cost or other estimates; actual production, development plans and costs differing materially from the estimates in Canagold’s feasibility and other studies; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; the availability of financing; financing and debt activities, including potential restrictions imposed on Canagold’s operations in Canada; community support for Canagold’s operations; and whether any of the anticipated benefits of participation in the Canada Investment Summit will materialize.
Canagold’s forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to Canagold’s ability to carry on current and future operations, the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the availability and cost of inputs; the price and market for gold and antimony; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits from government and First Nations; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.
Canagold’s forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. Canagold does not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.