Toronto, Ontario--(Newsfile Corp. - September 23, 2025) - Eric Sprott announces that, on September 22, 2025, 800,000 common share purchase warrants (Warrants) of Tudor Gold Corp. held by 2176423 Ontario Ltd., a corporation beneficially owned by him, expired unexercised representing a decrease in holdings of approximately 2.1% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to such expiry, Mr. Sprott beneficially owned and controlled 57,018,069 Shares and 2,355,550 Warrants representing approximately 15.1% of the outstanding Shares on a non-diluted basis and approximately 15.6% on a partially diluted basis assuming the exercise of such Warrants. As a result of the expiry of the Warrants, Mr. Sprott now beneficially owns 57,018,069 Shares and 1,555,550 Warrants representing approximately 15.1% of the outstanding Shares on a non-diluted basis and approximately 15.5% on a partially diluted basis assuming the exercise of such Warrants. The Warrant expiry, combined with previous share issuances by Tudor Gold, resulted in a partially diluted ownership change of greater than 2% and, therefore, the filing of an update to the early warning report. The securities are held for investment purposes.