TWO GOLD ROYALTY AGREEMENTS SIGNED FOR NUEVA SABANA MINE, CUBA

Antilles Gold has executed two gold royalty agreements related to its Nueva Sabana Mine located in Cuba, marking a significant milestone in the project's financing and development strategy. The signing of multiple royalty agreements suggests the company is diversifying its funding sources and potentially bringing in strategic partners with expertise in the gold mining sector.

While the specific financial terms and structure of these royalty agreements were not disclosed in the announcement, such arrangements typically provide upfront capital to mining companies in exchange for a percentage of future gold production revenues. This financing mechanism allows companies to advance their projects without diluting equity or taking on traditional debt.

The Nueva Sabana Mine represents Antilles Gold's key asset in Cuba, and the successful negotiation of these royalty deals indicates progress in the project's development trajectory. For the broader gold mining sector, this transaction demonstrates continued investor interest in Caribbean gold assets and the viability of royalty financing structures in emerging mining jurisdictions.

The completion of these agreements positions Antilles Gold to potentially advance development activities at Nueva Sabana, though the company will need to provide additional details on the financial impact and development timeline to fully assess the strategic implications of these new partnerships.