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Waraba Gold Limited Unaware of Any Material Change

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Waraba Gold (OTC Pink: WARAF) confirmed on April 20, 2026 that management is unaware of any material change explaining recent trading activity. The company made the statement at CIRO's request and indicated no known operational developments that would account for the market move.

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Vancouver, British Columbia--(Newsfile Corp. - April 20, 2026) -  At the request of CIRO, Waraba Gold Limited (CSE: WBGD) (FSE: ZE00) (OTC Pink: WARAF) (the "Company") wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

About Waraba Gold Limited

The Company is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporting issuer in the provinces of British Columbia and Alberta. The Common Shares trade on the Canadian Securities Exchange ("CSE") under the trading symbol "WBGD" and on the Frankfurt Stock Exchange under the trading symbol "ZE00".

For more information about the Company, please refer to the Company's profile available on SEDAR+ (www.sedarplus.ca).

For further information, please contact:

WARABA GOLD LIMITED

Carl Esprey

Executive Chairman
Telephone: +351 927954942
Email: cesprey@warabagold.com

For more information about the Company, please refer to the Company's profile available on SEDAR+ (www.sedarplus.ca).

Forward-Looking Information and Cautionary Statements

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

Neither CSE or its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293417

FAQ

Why did Waraba Gold (WARAF) issue a material change confirmation on April 20, 2026?

Because trading activity spiked, Waraba Gold issued a confirmation to clarify market uncertainty. According to the company, management is unaware of any material change in operations that would explain the recent increase in market activity, and the notice was made at CIRO's request.

Does the April 20, 2026 WARAF notice mean Waraba Gold has no undisclosed news?

The notice indicates no known undisclosed operational developments at this time. According to the company, management is unaware of any material change that would account for recent market activity, though it does not preclude future announcements if new facts emerge.

How should investors interpret Waraba Gold's (WARAF) statement about market activity on April 20, 2026?

Investors should view the statement as a company confirmation of no known material operational change. According to the company, management is unaware of any event explaining the trading increase, which aims to reduce uncertainty while monitoring for material developments.

Will Waraba Gold (WARAF) follow up after the April 20, 2026 CIRO request if new information appears?

Yes; the company typically updates the market if material information arises that affects operations or trading. According to the company, management is currently unaware of any material change and will disclose any future material developments as required.

What immediate actions did Waraba Gold (WARAF) take in response to the trading surge on April 20, 2026?

Waraba Gold responded by issuing a formal confirmation at CIRO's request to address market inquiries. According to the company, management stated it is unaware of any material change and provided the notice to inform investors and regulators.