ATEX Resources

St Augustine Gold & Copper Announces the Appointment of a New Board Member

Manila, Philippines--(Newsfile Corp. - August 8, 2025) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") is pleased to announce the appointment of Mr. Michael G. Regino to its Board of Directors, effectively immediately. Mr. Regino replaces Mr. Johnny Aurelio C. Felizardo, who recently passed away.

Mr. Regino is the Company's Chief Operating Officer and a business executive with over 35 years of extensive managerial experience in construction, real estate development and mining. Mr. Regino is also managing director of TVI Resource Development Phils Inc., which has interests in mining and processing of precious metals, copper and zinc, among others.

Mr. Regino recently served as commissioner, and then as President and CEO, of the Social Security System, for which he drove efficiencies, built its investment portfolio and delivered over P1 trillion in benefits to its members during his tenure. He was likewise a board of director of two public companies in the last five years: Union Bank of the Philippines and Philex Mining.

The Company expresses its deepest condolences on the passing of Mr. Johnny Aurelio C. Felizardo, who served with distinction and dedication. His contributions to the Company were significant and long-lasting.

About St. Augustine

St. Augustine (SAU.T) is a TSX-listed mining company focused on the development of the Kingking Copper-Gold Project. The Project is one of the largest undeveloped copper-gold deposits in the world and is listed as a top three-priority mining project by the Philippine government.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This announcement includes certain "forward-looking statements" within the meaning of Canadian securities legislation. All statements, other than statements of historical fact included herein are forward looking statements. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. While we consider these assumptions to be reasonable based on currently available information, they may prove to be incorrect. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is also subject to certain factors, including risks and uncertainties, that could cause actual results to differ materially from the Company's current expectations, including changes in market conditions, governmental or regulatory developments and general economic conditions. Other risks and uncertainties related to the Company are disclosed under the heading "Risk Factors" in the Company's Annual Information Form dated March 31, 2025 and filed with Canadian securities regulatory authorities on the SEDAR+ website at www.sedarplus.ca. Forward-looking information contained in this announcement is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely on this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time except as required by applicable securities law.

For more information:

Nicolaos Paraskevas
Investor and Public Relations Contact
+632 77288491
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

ST. AUGUSTINE CORPORATE HEADQUARTERS
No.21, Greenwood Lane,  Singapore, 286949

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