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Rua Gold Announces Upsizing of Brokered Offering

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Rua Gold Inc. ("Rua" or the "Company") (TSXV:RUA) (OTCQB:NZAUF) is pleased to announce that, due to strong investor demand, it has amended its agreement with Raymond James Ltd. and Cormark Securities Inc., as joint bookrunners and co-lead agents on behalf of a syndicate of agents, including Beacon Securities Ltd. (collectively, the "Agents") to increase the size of its previously announced brokered private placement offering of common shares of the Company ("Common Shares") to raise gross proceeds of up to $24,999,920 (the "Upsized Offering"), consisting of 22,727,200 Common Shares at a price of $1.10 per Common Share.

The net proceeds of the Upsized Offering will be used for exploration and development activities on the Company's Reefton Project and Glamorgan Project, both located in New Zealand, and for working capital and general corporate purposes.

The Common Shares issued under the Upsized Offering will be issued and sold to eligible purchasers pursuant to the 'listed issuer financing exemption' under Part 5A of National Instrument 45-106, Prospectus Exemptions as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "LIFE Exemption"), will be issued to purchasers in each of the provinces of Canada, except Québec, and other qualifying jurisdictions, including the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"). The Common Shares to be issued and sold under the Upsized Offering will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

Due to the upsizing of the previously announced brokered private placement, the Agents will no longer have the option to offer for sale up to an additional 15% of the number of Common Shares sold in the Upsized Offering.

There is an amended and restated offering document related to the Upsized Offering that can be accessed under the Company's issuer profile at ...