<div id="readability-page-1"><div>(TheNewswire)<ul><ul></ul></ul>March 19, 2026 – TheNewswire- Vancouver, British Columbia – South AtlanticGold Inc. (TSX-V:SAO) (“South Atlantic” or the “Company”) announcesthat Mr. Rick Brown has resigned from the Board of Directors,effective March 19, 2026.The Board thanks Mr. Brown for his valuablecontributions during his tenure. His deep experience in Latin Americanmining was instrumental in advancing the Company’s strategy at PedraBranca.The Company also announces the appointment of Mr.Stephen Stow to the Board of Directors, effective March 19, 2026subject to receipt of all required regulatory approvals.Mr. Stow is the Founder and Executive Chairman of ZenCapital &amp; Mergers Limited, a business advisory firm focused ongold exploration. He holds an MA in Jurisprudence from OxfordUniversity and brings over three decades of experience in miningexploration, M&amp;A advisory and corporate governance. Prior toemigrating to Canada, he served as Director of Corporate Finance, Asiafor National Westminster Bank.Mr. Stow’s recent experience in mining explorationincludes:<ul><li>Former Director of Lumina Gold Corp. (2015–2025) andAmarillo Gold Corporation (2017–2020) </li><li>Current Director of G2 Goldfields Inc. andFNX Inc. </li></ul>Douglas Meirelles, President and CEOof South Atlantic Gold, commented:“We are delighted to welcomeStephen to the Board. His extensive background in gold exploration,project development and capital markets, particularly in LatinAmerica, aligns well with our strategy at Pedra Branca. We lookforward to drawing on his experience in building value throughdisciplined exploration and transactions as we advance ourportfolio.”Grant of DSU’sThe Company further announces that, in accordance withits Long-Term Incentive Plan (“LTIP”) the Company has granted an aggregate2,450,000 deferred share units (&#34;DSUs&#34;) tocertain directors, officers, and consultants of the Company subject toregulatory acceptance. The grants are pursuantto the Company's LTIP that was approved by shareholders on June27, 2025. The DSUs are governed by theCompany’s LTIP and will be subject to applicable securities law holdperiods.About South Atlantic GoldSouth Atlantic is an exploration company engaged inacquiring and advancing mineral properties in the Americas. Forfurther information, please visit our website at www.southatlanticgold.com.ON BEHALF OF THE BOARDDouglas Meirelles, President and CEOFor more information regarding thisnews release, please contact:Douglas Meirelles, President and CEOT: 250-762-5777Email: ir@southatlanticgold.comNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Copyright (c) 2026 TheNewswire - All rights reserved.</div></div>

GOLD

South Atlantic Gold Inc. announced the resignation of Mr. Rick Brown from its Board of Directors, effective March 19, 2026, thanking him for his contributions. Mr. Stephen Stow has been appointed to the Board, pending regulatory approvals. Stow, with extensive experience in mining and corporate governance, is expected to enhance the company's strategy at Pedra Branca. Additionally, the company granted 2,450,000 deferred share units to certain directors and officers as part of its Long-Term Incentive Plan, subject to regulatory acceptance.

South Atlantic Announces Board Resignation and Appointment