VANCOUVER, BC, January 2, 2025 – P2 Gold Inc. (“P2” or the “Company”) (TSXV: PGLD) (OTCQB: PGLDF) granted stock options to purchase 625,000 common shares under its Stock Option Plan. These options, granted to directors, officers, employees, and consultants, have an exercise price of $0.06 per share and expire on December 30, 2026. This brings the total outstanding stock options to 6,983,333, approximately 4.7% of outstanding common shares. The grant requires TSX Venture Exchange approval.

About P2 Gold Inc.

P2 Gold is a mineral exploration and development company focused on developing precious metals and copper projects in the western United States and British Columbia.

The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the accuracy of this announcement.

Forward-Looking Information

This release includes forward-looking statements, subject to applicable securities laws. These statements, which may use terms like “may,” “will,” “expect,” “anticipate,” “believe,” “continue,” or “potential,” relate to the Company’s expectations, strategies, and exploration and development plans.

Forward-looking information is not a guarantee of future results and depends on various assumptions. Such information involves known and unknown risks and uncertainties that could cause actual results to differ materially from those anticipated. For details on these risks, see the “Risk Factors” section of the Company’s annual information form (year ended December 31, 2023, filed March 21, 2024 on SEDAR).

There is no assurance that forward-looking information will prove accurate. Investors should not rely unduly on it.

Unless legally required, the Company does not undertake to publicly update forward-looking information.

SOURCE P2 Gold Inc.