VANCOUVER, BC, July 27, 2026 – TheNewswire - Centenario Gold Corp. (CSE: CTG) (“Centenario” or the “Company”) announces that, effective as of market close on Friday, July 24, 2026, the board of directors of the Company approved the cancellation of an aggregate of 1,720.000 stock options to purchase common shares of the Company previously held by certain directors, officers and consultants of the Company.

The cancelled options were granted under the Company's 2022 Stock Option Plan and were cancelled by the board of directors in accordance with the terms and conditions of the plan. Following the cancellation, the Company has 0 (zero) stock options issued and outstanding.

About Centenario Gold Corp.:

Centenario Gold Corp. is a mineral exploration company incorporated in British Columbia and headquartered in Vancouver, Canada. The Company is focused on the acquisition, exploration, and development of high-potential mineral projects in the Americas, with a primary emphasis on gold, copper, silver and critical minerals.

The Company is committed to responsible exploration and development, working closely with local communities and stakeholders. Centenario’s management team brings extensive experience in mineral exploration, project development, and capital markets.

Centenario Gold Corp. is listed on the CSE and continues to evaluate new opportunities to expand its portfolio in both Mexico and Canada and deliver value to shareholders.

Further information on the Centenario Gold or the Company’s mineral properties can be found on our website at www.centenariogold.com. or email info@centenariogold.com or by telephone at 604-803-5901

On behalf of the Board of Directors,

Doug Fulcher

President, CEO, Director

Neither the Canadian Securities Exchange (the “CSE”) nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.