K2 Gold Corporation Recognized as a Top 50 TSX Venture Company

Press Release

Vancouver, B.C. – February 18, 2026 – K2 Gold Corporation (“K2” or the “Company”)  (TSX-V: KTO; OTCQB: KTGDF; FRANKFURT: 23K) today announced that it has been recognized as one of the top 50 performers on the TSX Venture Exchange (“TSXV”) in 2025, based on an outstanding 515% share price appreciation and 847% market capitalization growth in 2025.

The 50 companies on the 2026 list delivered an average share price appreciation of 431% to investors, significantly outpacing the 207% recorded the year prior. In addition, this select group of companies hold a combined market capitalization of more than $21.5 billion — an unprecedented $17.9 billion increase over the course of 2025, with companies growing their market value by an average of 775% year-over-year.

The 2025 TSX Venture 50 showcases the top 50 of over 1,600 TSXV issuers. Eligible listed issuers are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2025. More details can be found at the following link: www.tsx.com/venture50

“We are very proud to be recognized as a Top 50 TSX Venture Exchange Company for 2025. This award is a testament to our team’s experience and capabilities in exploration and capital markets execution, as we achieved 515% in share price appreciation and 847% in market cap growth in 2025. After recently closing an upsized $25 million capital raise, we are sitting on more than $33M in our treasury to execute our ongoing drill program at the Si2 Project in Nevada, and fully prepared to commence our transformative work program at K2’s flagship Mojave Project. We remain focused on continuing to de-risk and grow our assets while continuing to create value for shareholders.” Commented Anthony Margarit, President & CEO of K2 Gold.

About K2 Gold Corporation

K2 is led by a team that has delivered over $2.6 billion worth of gold transactions, including Great Bear Resources’ CDN$1.8 billion sale to Kinross and Kaminak Gold’s sale to Goldcorp for approximately CDN$520 million. In addition, K2 is part of Discovery Group, an alliance of companies individually managed and focused on the advancement of global mineral exploration and mining projects with a proven track record of generating shareholder value, and responsible for the discovery of over 10 million ounces of gold.

The Mojave Project is a 5,830-hectare oxide gold project with base metal targets located in California. Multiple previously recognized surface gold targets have been successfully drilled in the past, most notably by Newmont and BHP. Since acquiring the property, K2 has completed geochemical and geophysical surveys, geologic mapping, LiDAR, a WorldView 3 alteration survey, and successfully completed a 17-hole RC drill program focused on the Dragonfly and Newmont Zones. Highlights from K2’s drilling program include 6.68 g/t Au over 45.72m from surface at the Dragonfly Zone, and 1.69 g/t Au over 41.15m from 44.20m depth at the Newmont Zone.

The Si2 Project is a low-sulphidation epithermal gold system located in Nevada within the Walker Lane Trend. Historical shallow drilling tested only the uppermost levels of the system and returned anomalous gold, silver, and pathfinder elements. Since acquiring the project, K2 has completed detailed geologic mapping, surface geochemistry, geophysics, alteration mineralogy studies, fluid inclusion analysis, and age dating. These integrated datasets confirm that prior drilling did not test the interpreted boiling zone, where gold grades are typically maximized in epithermal systems. K2’s work has delineated multiple priority structural targets at depth, positioning Si2 for systematic drill testing of higher-grade potential below historical intercepts.

The Wels Project lies approximately 60km south of Fuerte Metals Coffee project discovered by Kaminak Gold Corporation (formerly a Discovery Group company prior to its acquisition by Goldcorp – Newmont). Both the Coffee project and the Wels project lie within the Tintina Gold Belt, share similar characteristics, and are host to structurally controlled gold mineralization within intrusive rocks exhibiting multiple trends of mineralization.

K2’s 2023 Reverse Circulation drilling program at the Wels Project intersected gold in each of 12 drill holes, including the discovery of a new mineralized corridor at the Saddle South target. The Wels land position consists of 350 contiguous quartz claims covering 7,200 hectares and lies within the traditional territory of White River First Nation.

K2 is committed to responsible exploration, safety, Indigenous and community engagement, and advancing high-quality projects through a collaborative and technically disciplined approach.

Qualified Person (“QP”)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Eric Buitenhuis, M.Sc., P.Geo., K2’s QP and Vice President of Exploration.

On behalf of the Board of Directors,

“Anthony Margarit”
President and CEO K2 Gold Corporation.

For further information about K2 Gold Corporation or this news release, please visit our website at k2gold.com or contact our Office in Canada at 778-266-1456 or by email at info@k2gold.com.

K2 Gold Corporation is a member of Discovery Group based in Vancouver, Canada. For more information please visit: discoverygroup.ca.

IBF4