Headwater Gold (CSE:HWG) Graduates to OTCQX Best Market

Vancouver, British Columbia — February 17, 2026 — Leads & Copy — Headwater Gold Inc. has announced its graduation from the OTCQB Venture Market to the OTCQX Best Market. The company’s shares began trading on the OTCQX Market today under the symbol “HWAUF”.

The OTCQX Market is designed for established U.S. and international companies focused on investors. Companies seeking to qualify for OTCQX must adhere to high financial standards, follow corporate governance best practices, and demonstrate compliance with relevant securities laws.

Caleb Stroup, President and CEO of Headwater Gold Inc., said the upgrade to the OTCQX underscores the progress the company has made in building a disciplined, growth-focused organization. Stroup believes this upgrade will enable Headwater Gold to broaden its shareholder base in the USA and promote greater liquidity as the company continues its exploration efforts on its portfolio of gold properties in Nevada and Idaho.

United States investors can access current financial disclosures and Real-Time Level 2 quotes for Headwater Gold Inc. on www.otcmarkets.com.

In a separate management update, Headwater Gold Inc. announced that Dr. Gregory Dering, Vice President of Exploration, will be leaving the company on February 28, 2026. Dering will be taking a position as a Research Geologist with the Nevada Bureau of Mines and Geology (“NBMG”), pursuing an academic career. His new role will support research initiatives benefiting Nevada’s geological and mining community, aligning with federal and state critical mineral initiatives.

Headwater Gold expressed its appreciation for Dering’s contributions and anticipates continued collaboration with him and the NBMG to advance geoscience and resource development in Nevada.

Headwater Gold Inc. is a mineral exploration company focused on discovering high-grade precious metal deposits in the Western USA. The company is actively exploring in mining-friendly jurisdictions, with the goal of making discoveries. Headwater Gold has a portfolio of epithermal vein exploration projects and a technical team with experience in capital markets and major mining companies. The company is systematically drill-testing projects in Nevada and has earn-in agreements with Newmont Corporation on its Spring Peak and Lodestar projects, and OceanaGold Corporation on its TJ, Jake Creek, and Hot Creek projects.

In August 2022 and September 2024, Newmont and Centerra acquired strategic equity interests in Headwater, which the company says strengthens its exploration capabilities.

Headwater is part of the NewQuest Capital Group, an investment enterprise that builds value through the incubation and financing of mineral projects and companies.

Source: Headwater Gold Inc.

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