TRX Gold Corporation achieved record production and financial results in Q1 2026, driven by increased throughput, higher-grade ore access, and favorable gold prices.

• Production reached nearly 6,600 ounces, marking a substantial increase compared to prior periods.
• Record quarterly revenue exceeded $25 million, alongside adjusted EBITDA of over $13 million.
• Cash cost remained stable at approximately $1,500 per ounce, positioning the company favorably within the cash cost curve.
• Working capital improved to $15 million, enhancing the balance sheet as free cash flow enabled ongoing investments in plant expansions and upgrades.
• Gold realized prices increased to over $4,600 an ounce shortly after the quarter end, further enhancing profit margins.