If the offering is completed, Sinda intends to list its common stock on the New York Stock Exchange (“NYSE”) under the symbol “SIND.”

Morgan Stanley, Scotiabank and BMO Capital Markets are acting as joint lead book-running managers for the proposed offering. Canaccord Genuity, Citigroup and RBC Capital Markets are acting as joint bookrunners.

The proposed offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus related to the proposed offering may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; Scotia Capital (USA) Inc., 250 Vesey Street, 24th Floor, New York, NY 10281, Attention: Equity Capital Markets, or by telephone at (212) 255-6854, or by email at us.ecm@scotiabank.com; and BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at bmoprospectus@bmo.com.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Sinda Ltd.

Sinda is a silver exploration and development company with mineral projects in Mexico, featuring an estimated 369 million silver-equivalent ounces of Inferred Mineral Resources and 16 million silver-equivalent ounces of Indicated Mineral Resources, plus incremental exploration targets of 452 – 484 million silver-equivalent ounces. Backed by experienced mining investors and a management team with deep Mexican operating experience, Sinda expects to execute an aggressive exploration and drilling program, and to construct its underground decline enroute to commercial production.

TORONTO, June 05, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) announces the continuation and renewal of its investor relations and marketing service engagements with Alliance Advisors Investor Relations (“Alliance Advisors IR”), The Market Link (“Market Link”) and Emerging Markets Consulting (“EMC”).

The Market Link

Further to the marketing services agreement entered into on November 14, 2025 with The Market Link, the Company and The Market Link entered into an extension of the arrangement for an additional four-month term on March 19, 2026 for total cash compensation of US$110,000. For more information regarding the services provided by The Market Link, refer to the Company’s press release dated January 19, 2026.

Emerging Markets Consulting

The Company entered into an agreement with EMC, effective November 25, 2025. The Company subsequently entered into an addendum on March 18, 2026, extending the agreement for an additional three-month period. Total cash compensation payable under the addendum is US$100,000. For more information regarding the services provided by EMC, refer to the Company’s press release dated January 19, 2026.

Alliance Advisors Investor Relations

The Company entered into an investor relations agreement with Alliance Advisors IR on October 22, 2025. The agreement has automatically been renewed on a continuous basis and remains in effect unless terminated by either party upon at least 60 days’ prior written notice. Alliance Advisors IR receives a quarterly fee of $37,500. As of the date hereof, the agreement has not been terminated by either party. For more information regarding the services provided by Alliance Advisors IR, refer to the Company’s press release dated October 22, 2025.

About McFarlane Lake Mining Limited

McFarlane Lake Mining Limited is a Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the established Abitibi Greenstone Belt. The Juby Gold Project hosts a current (effective September 29, 2025) NI 43-101 compliant Mineral Resource Estimate (“MRE”) of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold (31.74 million tonnes) and an additional 3.17 million ounces of gold in the Inferred category at an average grade of 0.89 g/t gold (109.48 million tonnes). The estimate was calculated using a long-term gold price of US$2,500 per ounce, applying cut-off grades of 0.25 g/t gold for open pit and 1.85 g/t gold for underground resources.

A sensitivity analysis completed at a higher gold price of US$3,750 per ounce resulted in an Indicated Mineral Resource of 1.20 million ounces grading 0.94 g/t gold (39.51 million tonnes) and an Inferred Mineral Resource of 4.23 million ounces grading 0.85 g/t gold (154.50 million tonnes) applying cut-off grades of 0.25 g/t gold for open pit and 1.15 g/t gold for underground resources.

The independent MRE was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The full technical report supporting the resource estimate was filed on SEDAR+ on November 21, 2025, and is also available on the Company’s website www.mcfarlanelakemining.com.

McFarlane Lake is actively executing an exploration drilling program and additional technical studies at the Juby Project to further evaluate and advance this large-scale gold system.

In addition to Juby, McFarlane Lake holds a portfolio of 100%-owned gold assets across Ontario, including the past-producing McMillan Gold Mine and Mongowin properties located approximately 70 km west of Sudbury and the Michaud/Munro properties located 115 km east of Timmins. McFarlane Lake is a reporting issuer in Ontario, British Columbia, and Alberta.

Readers are cautioned to refer to the “Cautionary Statement on Mineral Resources” and all other disclaimers included in this news release for important information regarding the limitations and verification status of the data presented above and elsewhere herein.

To learn more, visit: https://mcfarlanelakemining.com/.

Additional information on McFarlane can be found by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Qualified Person

The scientific and technical information disclosed in this news release was reviewed and approved by Mark Trevisiol, P.Eng., an officer of McFarlane and a Qualified Person under National Instrument 43-101.

Advisors
Wildeboer Dellelce LLP is acting as legal counsel for McFarlane.

Cautionary Note Regarding Forward-Looking Information:

This news release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “believes” or “intends”, or variations of such words and phrases, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of McFarlane to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks relating to the completion of the Offering, the use of proceeds therefrom, the receipt of required regulatory approvals, and those described under the heading “Risks and Uncertainties” in the Company’s Management’s Discussion and Analysis dated as of April 23, 2026, and other disclosure documents filed by the Company with Canadian securities regulators, all of which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release, and McFarlane disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise.

There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Cautionary Statement on Mineral Resources

This news release uses the terms indicated and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimates disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to an indicated or measured mineral resource category, however, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards on Mineral Resources and Mineral Reserves” incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.

Further Information
For further information regarding McFarlane, please contact:

Mark Trevisiol,
Chief Executive Officer, President and Director McFarlane Lake Mining Limited
(705) 665-5087
mtrevisiol@mcfarlanelakemining.com

Investor Relations
McFarlane Lake Mining Limited
investors@mcfarlanelakemining.com

VANCOUVER, British Columbia, June 05, 2026 (GLOBE NEWSWIRE) -- Purecore Metals Inc. (CSE: PURE) (FSE: J8Y) (“Purecore” or the “Company”) is pleased to announce a non-brokered private placement offering (the “Offering”) of up to 1,500,000 units (the “Units”) at a price of $1.00 per Unit for aggregate gross proceeds of up to $1,500,000.

The Offering

Each Unit will be comprised of one common share of the Company (a “Common Share”) and one transferable Common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share at a price of $2.00 per Common Share for a period of three years from the closing of the Offering, subject to the following acceleration provisions.

If, over a period of ten (10) consecutive trading days between: (i) the date that is four months and one day following the closing of the Offering; and (ii) the date of expiry of the Warrants, the closing price of the Common Shares is equal to or greater than $2.50 for each of those ten (10) consecutive days, the Company may, at any time, give written notice, by way of issuing a news release, that the Warrants will expire on the earlier of the date of expiry of the Warrants and 5:00 p.m. (Vancouver time) on the 30^th day following the giving of such notice unless exercised by the holders prior to such date, and thereafter any Warrants that remain unexercised as of such date will expire.

The Company may pay finder’s fees to eligible finders in connection with the Offering.

All securities to be issued under the Offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange (the “CSE”).

The securities offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The proceeds raised from the Offering are expected to be used for the identification, evaluation and acquisition of additional mineral properties, working capital and general corporate purposes including marketing. The use of available funds of the Company, which was disclosed in its final prospectus dated April 30, 2026 (the “Prospectus”), has been updated below to include the proceeds of the Offering as at April 30, 2026:

The Company intends to spend the net funds available to it as stated above. The actual allocation of the available funds may vary depending on future developments or unforeseen events. Notwithstanding the foregoing, there may be situations where, due to change of circumstance, outlook, research results and/or business judgment, reallocation of funds is necessary in order for the Company to achieve its overall business objectives. The Company’s management has, and will continue to have, the discretion to modify the allocation of the Company’s available funds. If management determines that a reallocation of funds is necessary, the Company may redirect its available funds towards purposes other than as described above. The actual amount that the Company spends in connection with each of the intended uses of funds may vary significantly from the amounts specified above and will depend on a number of factors, including those referred to under “Risk Factors” in its Prospectus.

The Company also announces a clarification to its previous news release dated May 15, 2026. Specifically, the Company granted an aggregate of 2,200,000 stock options (the “Options”) to certain directors, management, and consultants of the Company on May 15, 2026, pursuant to the Company's 2026 Omnibus Equity Incentive Compensation Plan, rather than 700,000 Options and 1,500,000 restricted share units as previously disclosed. All other information related to Options remains unchanged – each Option is exercisable to acquire one common share of the Company at an exercise price of $0.25 per share; the Options vest immediately upon grant and will expire three years from the date of grant.

About Purecore

Purecore Metals Inc. is a mineral exploration company listed on the Canadian Securities Exchange (CSE: PURE) and the Frankfurt Stock Exchange (FSE: J8Y). The Company is focused on advancing the materials that power modern energy systems and emerging technologies. The Company is building a critical minerals portfolio aligned with long-term trends across the energy, technology, and defense sectors, with a strategy centered on high-impact opportunities and disciplined execution.

Contact Us

For further information, interested parties are encouraged to visit the Company’s website at www.purecoremetals.com, and to contact the Company by email at investors@purecoremetals.com or by phone at 1.877.844.4661.

On behalf of the Board of Directors of

PURECORE METALS INC.

Peter Berdusco
Chief Executive Officer

Cautionary Statement Regarding Forward-Looking Information

This press release contains certain forward-looking statements, including statements regarding: the Company completing the Offering, the size of the Offering, and the intended use of funds; the terms of the Warrants, including the acceleration provisions thereof; and the engagement and continuation of Spark Newswire Inc. and the services to be provided thereunder. The words "expects," "anticipates," "believes," "intends," "plans," "will," "may," and similar expressions are intended to identify forward-looking statements. Although the Company believes that its expectations as reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including, but not limited to: the availability of financing; the ability to complete the Offering on the terms described or at all; the ability to deploy proceeds as intended; fluctuations in commodity prices; operational and exploration risks; market conditions; and political and regulatory risks in Canada. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the CSE nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2026) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") announces that it has entered into an online marketing agreement dated June 5, 2026, with i2i Marketing Group, LLC ("i2i"), pursuant to which i2i will provide corporate marketing and investor awareness services to the Company, including, but not limited to, content creation management, author sourcing, project management and media distribution (the "Agreement").

The Company has agreed to an initial creation and media budget of US$300,000 (the "Initial Media Budget"). Subject to acceptance of the Agreement and the services contemplated thereunder by the TSX Venture Exchange, the services are expected to commence on or about June 12, 2026, and will continue until the Initial Media Budget has been fully expended. Thereafter, the Agreement may continue on a month-to-month basis for additional campaign expenditures as agreed upon by the parties in advance. The budget for any additional month will depend on market conditions, the Company's requirements, and the availability of services. Either party may terminate the Agreement at any time on 10 days' notice.

The Initial Media Budget and any budgets for subsequent periods will be paid by the Company to i2i in cash in advance. The Company will not issue any securities to i2i as compensation for its marketing services.

i2i is a private company led by its principal, Joseph Grubb, and is based in Key West, Florida, United States. i2i is at arm's length to South Pacific Metals and, to the knowledge of the Company, i2i does not have any interest, directly or indirectly, in the Company or its securities, nor any right or present intention to acquire such an interest.

Stock Options

The Company also announces that it has granted, effective June 5, 2026 (the "Grant Date"), an aggregate of 1,070,000 stock options (the "Options") to certain directors, officers, employees, and consultants of the Company.

Each Option is exercisable to acquire one common share of the Company at an exercise price of $0.54 per share until June 5, 2031. The Options vest as to one-third on the Grant Date, one-third on the first anniversary of the Grant Date, and one-third on the second anniversary of the Grant Date.

The grant of the Options is subject to the acceptance of the TSX Venture Exchange.

About South Pacific Metals Corp.

South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven gold and copper production corridors.

SPMC has four explorations properties:

Ontenu (Osena) - Bordering K92 to the southwest. Drilling underway on K92-style targets with surface assays up to 21% Cu, 13.9 g/t Au, 645 g/t Ag and 73 g/t Au defining kilometre-scale corridors.

Anga - Bordering K92 to the northeast, along strike from the K92's Arakompa discovery; soils to 1,080 ppb Au, 3,397 ppm Cu and stream samples up to 281.8 g/t Au.

Kili Teke - 4.2 Moz AuEq 43-101 inferred resource; results outside of resource include drilling 7.8 m @ 12.98% Cu plus11.75 g/t Au, surface samples up to 27.5% Cu.

May River - District-scale system beside Frieda River; high-grade drilling includes 19 m @ 11.47% Cu, 2.17 g/t Au and 109 m @ 1.53 g/t Au.

SPMC common shares are listed on the TSX Venture Exchange (TSXV: SPMC), the OTCQB Marketplace (OTCQB: SPMEF) and Frankfurt Stock Exchange (FSE: 6J00).

Qualified Person

The scientific and technical information disclosed in this news release has been compiled by Company geologists and consultants and reviewed and approved by Darren Holden, BSc(Hons) (Geology), PhD, FAusIMM, a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Dr. Holden is a Technical Advisor to the Company.

For further information please contact:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws, including statements regarding: the Company's engagement of i2i; the anticipated nature, scope, timing, commencement and continuation of the marketing and investor awareness services to be provided by i2i; the commencement of such services following acceptance of the Agreement and the services contemplated thereunder by the TSX Venture Exchange; the amount and expenditure of the Initial Media Budget and any future campaign expenditures; the potential continuation of the Agreement on a month-to-month basis; the termination provision of the Agreement; the acceptance of the Agreement and the services contemplated thereunder by the TSX Venture Exchange; the grant, vesting and exercise of the Options; the acceptance of the Option grant by the TSX Venture Exchange; and the Company's exploration plans, objectives and activities.

Forward-looking information is often, but not always, identified by words and phrases such as "anticipates", "expects", "intends", "plans", "believes", "estimates", "may", "could", "would", "will", "potential", "proposed", "subject to" and similar expressions, or statements that certain actions, events or results "may", "could", "would" or "will" occur or be achieved.

Forward-looking information is based on the Company's current expectations, estimates, forecasts and projections, as well as assumptions that the Company considers reasonable as of the date of this news release. These assumptions include, among others, assumptions regarding the Company's ability to obtain required TSX Venture Exchange acceptance, the ability of i2i to provide the contemplated services, the availability and effectiveness of media placements and marketing services, market conditions, the Company's business and exploration plans, the availability of personnel and consultants, and general business, economic and capital market conditions.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, among others: the risk that the TSX Venture Exchange may not accept the Agreement, the services contemplated thereunder or the Option grant on the terms proposed or at all; the risk that the marketing and investor awareness services may not commence as anticipated or at all; the risk that such services may be delayed, modified, suspended or terminated; the risk that media placements or investor awareness activities may not achieve the expected results; changes in market conditions or investor sentiment; risks relating to the Company's ability to fund its business and exploration activities; risks inherent in mineral exploration and development; regulatory risks; risks relating to operations in Papua New Guinea; commodity price volatility; currency fluctuations; and the other risks described in the Company's public disclosure documents filed under its profile on SEDAR+.

Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof, and the Company does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

TORONTO, June 5, 2026 /CNW/ - Power Metallic Mines Inc. ("Power Metallic" or the Company") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce that further to its news releases of May 28 and May 29, 2026 regarding the "best efforts" brokered private placement of the Company of up to C$30,000,000 (the "Marketed Offering") led by Red Cloud Securities Inc. ("Red Cloud"), acting as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the "Agents"), the Company has filed an amended and restated offering document dated June 4, 2026, related to the Marketed Offering which adds Quebec as an offering jurisdiction. The amended offering document can be accessed under the Company's profile at SEDAR+ and on the Company's website. Prospective investors should read the amended offering document before making an investment decision.

The terms of the Marketed Offering remain the same and the Company has agreed to sell up to 24,000,000 common shares of the Company (the "Offered Shares") at a price of C$1.25 per Offered Share. The Company also granted the Agents an option, exercisable in full or in part up to 48 hours prior to the closing of the Marketed Offering, to sell up to an additional 2,400,000 Offered Shares at C$1.25 per Offered Share for up to an additional $3 million in gross proceeds (together with the Marketed Offering, the "Offering"). The Offering is scheduled to close on or around June 10, 2026.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons, absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an exemption therefrom. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Power Metallic Mines Inc.

Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)--a high–grade Copper–PGE, Nickel, gold and silver system--toward Canada's next polymetallic mine.

On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~330 km² and roughly 50 km of prospective basin margins.

Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs.

Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025.

It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan exploration license in The Kingdon of Saudi Arabia's Jabal Said Belt. The property encompasses over 200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the world-class Jabal Sayid mine and the promising Umm and Damad deposit.

For further information, readers are encouraged to contact:
Power Metallic Mines Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements in this press release include, without limitation, statements regarding the completion and terms of the Offering, the anticipated closing date of the Offering, the intended use of proceeds of the Offering, the potential exercise of the Agents' Option, and the approval of the Offering from the TSX Venture Exchange. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.

VANCOUVER, British Columbia, June 05, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders (the “Meeting”) held on Thursday, June 4, 2026. A total of 842,480,659 common shares were voted at the Meeting, representing 63.06% of the votes attached to all outstanding common shares.

Shareholders voted overwhelmingly in favor of all items of business before the Meeting. The ten director nominees listed in B2Gold’s Management Information Circular (the “Circular”) dated April 13, 2026, were elected as directors of B2Gold to hold office for the ensuing year or until their successors are elected or appointed. Detailed results of the vote for each director are set out below:

The resolutions to appoint PricewaterhouseCoopers LLP as auditor of the Company and to approve certain matters relating to the Company’s Restricted Share Unit Plan were approved with 96.92% and 95.71%, respectively, of votes cast in favor.

The resolution regarding the Advisory Vote on the Company’s approach to Executive Compensation was approved with 70.46% of votes cast in favor.

A report on all items of business voted on at the Meeting will be filed on Sedar+ at www.sedarplus.com.

About B2Gold

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.

ON BEHALF OF B2GOLD CORP.

“Mike Cinnamond”
President & Chief Executive Officer

The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release.

VANCOUVER, British Columbia, June 05, 2026 (GLOBE NEWSWIRE) -- Blue Jay Gold Corp. (TSXV: JAY) (“Blue Jay” or the “Company”), announces two concurrent capital markets engagements: (i) the retention of Oak Hill Financial Inc. (“Oak Hill”) to provide business and capital markets advisory services including investor relations, effective June 5, 2026; and (ii) the retention of Haywood Securities Inc. (“Haywood”) to provide market-making services for the common shares of the Company, effective June 4, 2026.

Oak Hill Financial Inc. – Investor Relations Advisory

Oak Hill will provide business and capital markets advisory services, including raising the Company’s profile with the investment community, assisting in the development and dissemination of investor presentation materials, and delivering regular monthly progress reports.

The initial term of the agreement is three months. Following the initial term, the agreement may be extended on a month-to-month basis at the sole discretion of the Company. Upon renewal, the monthly fee will remain the same. Either party may terminate the agreement after the initial term upon five (5) business days’ written notice. The Company will pay Oak Hill a monthly advisory fee of $12,000 plus pre-approved out-of-pocket expenses. There are no performance factors under the agreement with Oak Hill, and Oak Hill will not receive any common shares or other securities of the Company as compensation. Oak Hill has no present interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. Oak Hill is an arm’s length party to the Company. The Company’s engagement of Oak Hill is subject to the approval of the TSX Venture Exchange (the “TSXV”).

Haywood Securities Inc. – Market-Making Services

The Company has retained Haywood to provide market-making services to assist in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by Haywood as an arm’s length party to the Company and in compliance with the applicable policies of the TSXV and other applicable laws. Haywood has no present interest, directly or indirectly, in the Company or its securities except that its clients and members of its pro group may own shares of the Company from time to time. The finances and the shares required for the market-making service are provided by Haywood.

For its services, the Company has agreed to pay Haywood $5,000 per month for a period of 6 months. The agreement may be terminated at any time by either party upon 30 days’ prior written notice. There are no performance factors under the agreement with Haywood, and Haywood will not receive any common shares or other securities of the Company as compensation.

About Oak Hill Financial Inc.

Oak Hill Financial is a leading Canadian marketing and distribution firm focused on IIROC retail brokerage networks, servicing both asset managers and public companies. Oak Hill Financial’s experienced team of former asset management wholesalers, research analysts and capital market professionals specializes in building credibility for its clients across a network of over 10,000 Canadian IIROC retail brokers and over 300 North American funds.

About Haywood Securities

Founded in 1981, Haywood is a 100% employee-owned investment dealer with more than 300 employees in its Canadian offices in Vancouver, Calgary, and Toronto. Haywood Securities Inc. is a member of the Toronto Stock Exchange, the TSX Venture Exchange, the Montreal Exchange (MEX), the Canadian Securities Exchange (CSE), the Canadian Investor Protection Fund (CIPF), and the Investment Industry Regulatory Organization of Canada (IIROC). In addition, Haywood Securities (USA) Inc., a wholly-owned subsidiary, is a broker-dealer registered to transact securities business in the United States and is a member of the Financial Industry Regulatory Authority (FINRA). For more information please visit www.haywood.com.

About Blue Jay Gold Corp.

Blue Jay Gold Corp. is a Canadian gold exploration company focused on growing and discovering resources within established gold producing regions in Canada. The Company’s flagship asset is the 100%-owned Steller Gold Project in southern Yukon, an infrastructure-supported, past-producing mine with significant exploration upside and clear near-term catalysts. Blue Jay has also built a portfolio of projects in Ontario. With strategically located assets and a leadership team experienced in geology and capital markets, Blue Jay will advance disciplined, modern exploration programs focused on target definition, resource growth, and new discoveries in known gold-mineralized regions.

ON BEHALF OF BLUE JAY GOLD CORP.

signed “Geordie Mark”
Geordie Mark, CEO

For additional information contact:

BLUE JAY GOLD CORP.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release contain forward-looking information. Forward-looking information involves risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. These statements can be identified by the use of forward-looking terminology (e.g., "expect"," estimates", "intends", "anticipates", "believes", "plans"). Forward-looking statements contained in this press release may include, but are not limited to, obtaining regulatory approval for the Listing and for the engagement of the above-referenced service providers, increasing the Company’s current mineral resources, and future business plans of the Company. Such information involves known and unknown risks, including the receipt of regulatory approval, the results of future financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Blue Jay in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable securities laws and regulation, Blue Jay disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

ST. JOHN'S, NL, June 5, 2026 /CNW/ - Aurion Resources Ltd. (TSXV: AU) (OTCQX: AIRRF) ("Aurion") is pleased to announce that, at its special meeting (the "Meeting") of the holders ("Shareholders") of common shares of Aurion (the "Aurion Shares") and the holders ("Warrantholders" and, together with the Shareholders, the "Securityholders") of warrants of Aurion (the "Aurion Warrants") held earlier today, the Securityholders approved a special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement (the "Arrangement"), pursuant to which Agnico Eagle Mines Limited ("Agnico") will acquire all of the issued and outstanding Aurion Shares (other than Aurion Shares held by Agnico or any of its affiliates) for cash consideration of C$2.60 for each Aurion Share held.

Voting Results

The Arrangement Resolution was required to be approved by an affirmative vote of at least: (i) two-thirds (66⅔%) of the votes cast on the Arrangement Resolution by Shareholders, voting as a single class with one vote for each Aurion Share held; (ii) two-thirds (66⅔%) of the votes cast on the Arrangement Resolution by Shareholders and Warrantholders, voting as a single class, with one vote for each Aurion Share and Aurion Warrant held; and (iii) a simple majority of the votes cast on the Arrangement Resolution by Shareholders, excluding any votes cast in respect of any Aurion Shares by any person required to be excluded in accordance with Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions ("MI 61-101").

The following is a summary of the votes cast on the Arrangement Resolution:

Final Order and Anticipated Closing Date

Aurion will seek a final order of the Supreme Court of British Columbia (the "Final Order") approving the Arrangement. The hearing of the application for the Final Order is expected to take place on or about June 10, 2026. Subject to receipt of the Final Order and the final approval from the TSX Venture Exchange and the satisfaction or waiver of certain other conditions to closing of the Arrangement as set out in the arrangement agreement dated April 17, 2026 between Aurion and Agnico (the "Arrangement Agreement"), the Arrangement is anticipated to be completed on or about June 15, 2026.

Further information regarding the Arrangement is provided in Aurion's management information circular dated May 8, 2026, a copy of which is available on SEDAR+ under Aurion's issuer profile at www.sedarplus.ca and on Aurion's website at www.aurionresources.com.

About Aurion

Aurion is a Canadian exploration company listed on the TSXV and the OTCQX Best Market. Aurion's strategy is to generate or acquire early-stage precious metals exploration opportunities and advance them through direct exploration by our experienced team or by business partnerships and joint venture arrangements. Aurion's current focus is exploring on its Risti project, as well as advancing its joint venture properties with Agnico and KoBold Metals Company in Finland.

On behalf of Aurion Resources Ltd.

Matti Talikka, Chief Executive Officer, Director

Website: www.aurionresources.com

Cautionary Statement Regarding Forward-Looking Statements

Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Forward-looking statements and information can be identified by statements that certain actions, events or results "could", "may", "should", "will" or "would" be taken, occur or achieved. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the anticipated effects of the Arrangement; Aurion's application for the Final Order; the anticipated timing of the hearing for the Final Order; receipt of the Final Order; receipt of TSXV approval; the satisfaction or waiver of certain other conditions to closing of the Arrangement as set out in the Arrangement Agreement; and the anticipated timing of the closing of the Arrangement.

The forward-looking statements and information contained in this news release reflect Aurion's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Aurion, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies.

Aurion cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and Aurion has made assumptions and estimates based on or related to many of these factors. In addition, in connection with the forward-looking statements contained in this press release, Aurion has made certain assumptions, including the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory and court approvals; the ability of the parties to satisfy, in a timely manner, the other conditions for the completion of the Arrangement, and other expectations and assumptions concerning the proposed Arrangement. The anticipated dates indicated may change for a number of reasons, including the necessary regulatory and court approvals, or the necessity to extend the time limits for satisfying the other conditions for the completion of the proposed Arrangement. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking financial information and statements are the following: the failure of the parties to obtain the necessary regulatory and court approvals or to otherwise satisfy the conditions for the completion of the Arrangement; failure of the parties to obtain such approvals or satisfy such conditions in a timely manner; significant transaction costs or unknown liabilities; the failure to realize the expected benefits of the Arrangement; the effect of the announcement of the Arrangement on the ability of Aurion to retain and hire key personnel and maintain business relationships; the market price of the Aurion Shares and business generally; potential legal proceedings relating to the Arrangement and the outcome of any such legal proceeding; the inherent risks, costs and uncertainties associated with transitioning the business successfully and risks of not achieving all or any of the anticipated benefits of the Arrangement, or the risk that the anticipated benefits of the Arrangement may not be fully realized or take longer to realize than expected; the occurrence of any event, change or other circumstances that could give rise to the termination of the Arrangement Agreement and general economic conditions. Failure to obtain the necessary regulatory and court approvals, or the failure of the parties to otherwise satisfy the conditions for the completion of the Arrangement, may result in the Arrangement not being completed on the proposed terms or at all. In addition, if the Arrangement is not completed, and Aurion continues as an independent entity, there are risks that the announcement of the Arrangement and the dedication of substantial resources by Aurion to the completion of the Arrangement could have an impact on its business and strategic relationships, including with future and prospective employees, customers, suppliers and partners, operating results and activities in general, and could have a material adverse effect on its current and future operations, financial condition and prospects. Additional risks, uncertainties and other factors are identified in Aurion's management information circular dated May 8, 2026 and Aurion's most recent management's discussion and analysis, each of which has been filed with the Canadian provincial securities regulatory authorities, as applicable.

Although Aurion has attempted to identify important factors that could cause actual results to differ materially from those set out or implied by the forward-looking statements and information, this list is not exhaustive and there may be other factors that cause results not to be as anticipated, estimated, described or intended. Investors should use caution when considering, and should not place undue reliance on any, forward-looking statements and information. Forward-looking statements and information are designed to help readers understand Aurion's current views in respect of the Arrangement and related matters and may not be appropriate for other purposes. Aurion does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by law.

This news release does not constitute (and may not be construed to be) a solicitation or offer by Aurion or any of its respective directors, officers, employees, representatives or agents to buy or sell any securities of any person in any jurisdiction, or a solicitation of a proxy of any securityholder of any person in any jurisdiction, in each case, within the meaning of applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

BOISE, Idaho, June 5, 2026 /CNW/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") today announced the results of its annual general meeting (the "Annual Meeting"), which was held online through a virtual meeting platform on June 4, 2026.

A total of 100,523,482 common shares were represented at the Annual Meeting, or 80.35% of the votes attached to all outstanding shares at the Company's record date of April 8, 2026. The Company's shareholders voted for the election of all director nominees listed in the Company's management information proxy circular. Detailed results of the vote for the election of directors are as follows: 

The directors were elected to hold offices until the next annual meeting of shareholders or until their respective successors are elected and qualified. The Company's shareholders also approved setting the number of directors at nine (99.73% voted in favor).

The Company's shareholders also ratified the appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 at a remuneration to be set by the directors (99.84% voted in favor, 0.05% voted against, and 0.11% abstained).  

The proposal to approve the Company's 2026 Equity Incentive Plan was also approved by shareholders (98.93% voted in favor).

Detailed voting results for the meeting will be available on EDGAR at www.sec.com. 

About Perpetua Resources and the Stibnite Gold Project

Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho. The Stibnite Gold Project is one of the highest grade, open pit gold deposits in the United States and holds the only identified domestic reserve of the critical mineral antimony, which is essential to the defense, energy, and manufacturing sectors. The Project is designed to apply a modern, responsible mining approach to restore an abandoned mine site and provide uplift to water quality, improve fish habitat access, and invest in river restoration while supporting local economic development in rural Idaho.

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2026) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP); ("District" or the"Company") announces that it has granted a total of 2,820,000 incentive stock options to directors, officers, employees and consultants of the Company, 775,000 restricted share units to officers of the Company and 600,000 deferred share units to directors of the Company. Each stock option vests over three years from the grant date and is exercisable to purchase one common share of the Company for five years at a price of $0.75 per common share (the closing price of the Company's common shares on June 4, 2026, the date prior to the grant date) pursuant to the terms of the Company's Omnibus Incentive Plan. Each restricted share unit and deferred share unit represents a right to acquire one common share of the Company, cash equivalent or combination thereof in accordance with the Company's Omnibus Incentive Plan. The restricted share units and deferred share units vest twelve months from the grant date.

About District Metals Corp.

District Metals Corp. is led by industry professionals with a track record of success in the mining industry. The Company's mandate is to seek out, explore, and develop prospective mineral properties through a disciplined science-based approach to create shareholder value and benefit other stakeholders. District is a 2025 TSX Venture 50 company, ranking among the top-performing issuers on the TSX Venture Exchange in the past year.

District is a uranium polymetallic exploration and development company focused on its flagship Viken Property in Sweden. The Viken Property covers 100% of the Viken Deposit, which contains the largest undeveloped Mineral Resource Estimate of uranium in the worldⁱ along with significant Mineral Resource Estimates of vanadium, potash, molybdenum, nickel, copper, zinc, and other important and critical raw materials.

For further information on the Viken Property, please see the technical report entitled "NI 43-101 Updated Mineral Resource Estimate and Technical Report on the Viken Energy Metals Project, Jämtland County, Sweden" dated effective April 25, 2025, which is available on SEDAR+ at www.sedarplus.ca.

Cautionary Statement Regarding "Forward-Looking Information"

This news release contains certain statements that may be considered "forward-looking information" with respect to the Company within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and any similar expressions. In addition, any statements that refer to expectations, predictions, indications, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward-looking information in this news release relating to the Company include, among other things, statements relating to uranium and Alum Shale mining regulation in Sweden; the cost and timing of drilling activities; potential of the Viken Deposit; targets for further exploration; the cost and timing of any development of the Viken Deposit; government regulations and permitting; and other activities, events or developments that are expected, anticipated or may occur in the future.

These statements and other forward-looking information are based on opinions, assumptions and estimates made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate and reasonable in the circumstances, as of the date of this news release, including, without limitation, the reliability of exploration and drill results; reliability of data and the accuracy of publicly reported information regarding current, past and historic mines in the Bergslagen district and in respect of the Swedish properties; uranium and Alum Shale exploration and mining regulation in Sweden; the Company's ability to raise sufficient capital to fund planned exploration activities, maintain corporate capacity; stability in financial and capital markets; the Company's ability to complete its planned exploration programs; the absence of adverse conditions at mineral properties; no unforeseen operational delays; no material delays in obtaining necessary permits; the price of metals remaining at levels that render mineral properties economic.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks associated with the following: the results of the inquiry into the mining of Alum Shale in Sweden and the possibility that it will be the subject of a municipal veto; uranium exploration and mining regulation in Sweden; the reliability of historic data on District's properties; the Company's ability to raise sufficient capital to finance planned exploration; the Company's limited operating history; the Company's negative operating cash flow and dependence on third-party financing; the uncertainty of additional funding; the uncertainties associated with early stage exploration activities including general economic, market and business conditions, the regulatory process, failure to obtain necessary permits and approvals, technical issues, potential delays, unexpected events and management's capacity to execute and implement its future plans; the Company's ability to identify Mineral Resources and Mineral Reserves; the substantial expenditures required to establish Mineral Reserves through drilling and the estimation of Mineral Reserves or Mineral Resources; the uncertainty of estimates used to calculated mineralization figures; changes in governmental regulations; compliance with applicable laws and regulations; competition for future resource acquisitions and skilled industry personnel; reliance on key personnel; title matters; conflicts of interest; environmental laws and regulations and associated risks, including climate change legislation; land reclamation requirements; changes in government policies; volatility of the Company's share price; the unlikelihood that shareholders will receive dividends from the Company; potential future acquisitions and joint ventures; infrastructure risks; fluctuations in demand for, and prices of metals; fluctuations in foreign currency exchange rates; legal proceedings and the enforceability of judgments; going concern risk; risks related to the Company's information technology systems and cyber-security risks; and risk related to the outbreak of epidemics or pandemics or other health crises. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company. These factors and assumptions, however, should be considered carefully. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of such factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to publicly update or revise such forward-looking information, except as required by applicable securities laws.

ⁱ S&P Global Market Intelligence - Market Intelligence Research

Toronto, Ontario--(Newsfile Corp. - June 5, 2026) - Graycliff Exploration Limited (CSE: GRAY) (OTCQB: GRYCF) (FSE: GE0) (the "Company" or "Graycliff") announces that it has entered into an asset purchase agreement (the "Agreement") dated June 5, 2026, with King Gold Mines Ltd. to acquire a 100% legal and beneficial interest in thirteen (13) strategic mineral claims (the "Claims") located in the Shakespeare Township within the Sudbury Mining District of Ontario (the "Acquisition").

The Acquisition comes on the heels of Graycliff's news release dated June 2, 2026, which reported high-grade gold assay results of up to 3,030 g/t gold over 1.0 metre within an overall interval assaying 454.34 g/t gold over 7.0 metres from its initial metallurgical test hole (Hole A) on the Company's Shakespeare Gold Project (the "Shakespeare Project"). Please see the Company's June 2, 2026 news release for a discussion of drill results, sampling procedures, analytical methods, and QA/QC protocols. These results are not necessarily indicative of the mineral potential of the Claims being purchased.

The Claims are located within the same highly prospective Shakespeare geological corridor. Securing the Claims will allow Graycliff to immediately expand upon the search area for the mineralized footprint defined by its recent drilling success. The expansion will ensure that the Company commands the strike extensions and areas that cover parallel structures that could be very important in future exploration, as the Company explores to determine the full scale of the Shakespeare gold system.

"Our recent assay results announced June 2, 2026, have provided new insights into the potential of Shakespeare and they help explain the significant historical exploration activity in this area over the past century," commented James Macintosh, Chairman of Graycliff.

Pursuant to the terms of the Agreement, Graycliff will acquire a 100% interest in the Claims, free and clear of all encumbrances, by fulfilling the following consideration:

• Cash Payment: payment of $10,000 CAD cash.

• Share Issuance: issuance of 300,000 common shares of the Company (the "Purchaser Shares"), with 150,000 of the issued Purchaser Shares held in escrow until December 31, 2026.

The Purchaser Shares will be issued at a deemed price per share equal to the closing price of Graycliff's shares on the day prior to closing. In accordance with Canadian securities laws, all Purchaser Shares will be subject to a four-month-and-a-day statutory hold period.

The Acquisition remains subject to customary closing conditions, including the acceptance of the Canadian Securities Exchange.

Qualified Person

Bruce Durham, P.Geo., is a Qualified Person, as that term is defined by Canadian regulatory guidelines under NI 43-101. Mr. Durham is a director of the Company and has read and approved the technical information contained in this press release.

About Graycliff Exploration Limited

Graycliff Exploration is a mineral exploration company focused on its 1,025 hectares of prospective ground, located roughly 80 km west of Sudbury on the prolific Canadian Shield. The Company's Shakespeare Project consists of one crown patented lease, two crown leases and 40 claims on a property that includes with the historic Shakespeare Gold Mine, which operated from 1903 to 1907. Graycliff to date has drilled over 12,500 metres, with visible gold mineralization and significant gold assay intervals in numerous drill holes. Learn more on the Company's website: https://graycliffexploration.com

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release.

This press release contains forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking statements in this press release include, but are not limited to, statements regarding: the potential for additional mineralization on the newly acquired mineral claims; the Company's ability to expand its exploration activities onto the newly acquired claims; the anticipated completion of the Acquisition; the expectation that securing the Claims will allow Graycliff to immediately expand upon the search area for the mineralized footprint; the expectation that the expansion will ensure the Company commands the strike extensions and areas covering parallel structures; and future exploration to determine the full scale of the Shakespeare gold system. Forward-looking information is based on certain key expectations and assumptions made by management of the Company, including: the receipt of all required regulatory approvals, including acceptance by the Canadian Securities Exchange; the Company's ability to maintain its mineral claims in good standing; and the assumption that geological conditions on the newly acquired claims may be similar to those on the existing Shakespeare Project based on regional geological mapping. Actual results may differ materially from those anticipated in the forward-looking statements due to material risk factors including: the Acquisition may not close on the terms described or at all; exploration on the newly acquired claims may not yield positive results; the Company's limited operating history and lack of revenue from operations; fluctuations in commodity prices; and risks inherent in mineral exploration activities. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Dieppe, New Brunswick--(Newsfile Corp. - June 5, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) (the "Company") announces that Mr. Mark Smethers has resigned from the Company's Board of Directors, effective immediately.

The Company thanks Mr. Smethers for his service and wishes him well in his future endeavors.

The Board will continue to carry out its responsibilities in the normal course.

About Canadian Gold Resources Ltd.

The Company is a junior exploration issuer advancing three high-grade gold properties totaling approximately 16,000 hectares in Québec's Gaspé Peninsula. The Company's strategy is to unlock the potential of historically explored assets through modern exploration and development, supported by a management team with a proven track record in discovery and project advancement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Canadian Gold trades on the TSX Venture Exchange under the ticker CAN and has 54,868,876 common shares outstanding.

Forward-Looking Statements Disclaimer:

This news release contains "forward-looking statements," including but not limited to statements regarding the Company's strategic objectives and anticipated growth. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on these statements. The Company disclaims any obligation to update or revise any forward-looking information, except as required by applicable securities laws.

In connection with the proposed Name Change, the Company has reserved the trading symbol “AREE” with the Canadian Securities Exchange (“CSE”), subject to final approval by the CSE.

The Company believes the new corporate identity better reflects its evolving focus on commodities that are increasingly essential to electrification, advanced technologies, artificial intelligence infrastructure, renewable energy systems, defense technologies, and secure North American supply chains.

Rare earth elements have become strategically important due to their critical role in permanent magnets, electric vehicles, robotics, wind turbines, semiconductors, military technologies, and next-generation electronics. At the same time, copper remains one of the foundational metals underpinning global electrification and energy infrastructure growth due to its widespread use in power grids, EVs, battery storage systems, and data center expansion.

Global concerns also continue to grow regarding concentrated supply chains, as China currently dominates the majority of global rare earth production and processing capacity. Management believes the development of domestic North American sources of rare earth elements and critical minerals is becoming increasingly important amid rising geopolitical and industrial demand.

The Company’s Burnt Pond project in Central Newfoundland (the “Burnt Pond Project”) remains a cornerstone asset within its growing critical metals portfolio. Located within the prolific Tally Pond VMS belt, the Burnt Pond Project hosts historical high-grade polymetallic mineralization including copper, gold, silver, zinc, and lead, with mineralization remaining open along strike and at depth. The Company believes the Burnt Pond Project provides significant leverage to strengthening copper markets and growing electrification demand.

In addition, the Company’s Oculus Rare Earth project in Central Labrador (the “Oculus Rare Earth Project”) spans approximately 2,550 hectares within a recognized rare earth district and has returned historical surface sample values of up to 5.67% total rare earth oxides, including a favourable heavy rare earth component.

The historical results referenced herein are derived from publicly available sources and historical assessment data, which have been independently verified by the Company’s “qualified person”, as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects, Derrick Strickland. However, readers are encouraged to review the Company’s news release dated April 24, 2026, available under the Company’s profile on SEDAR+, for additional technical disclosure relating to the Burnt Pond Project and the Oculus Rare Earth Project.

“Our new identity as Automata Rare Earth Corp. reflects the direction we believe global resource markets are heading,” stated Christopher Huggins, Chief Executive Officer. “Rare earth elements and copper are becoming foundational to the future of electrification, automation, robotics, AI infrastructure, and national supply chain security. We believe this rebrand better positions the Company as we advance a diversified critical minerals platform focused on commodities essential to the modern economy.”

The effective date of the Name Change, together with the new CUSIP number and ISIN of 052942109/CA0529421095 for the Company’s common shares, is expected to be on or about June 10, 2026.

About Cullinan Metals

Cullinan Metals Corp. is a Canadian exploration company focused on the evaluation and development of energy and critical metals opportunities. The Company holds an option to acquire a 100% interest in the Oculus Rare Earth Project in Central Labrador and the Burnt Pond Project in Central Newfoundland.

ON BEHALF OF THE BOARD OF DIRECTORS,

CULLINAN METALS CORP.

Christopher Huggins

Chief Executive Officer
+1 (604) 968-4844

www.cullinanmetalscorp.com

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

Statements in this news release which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward looking statements in this news release include, but are not limited to, statements regarding the Company’s strategic transition toward rare earth elements, copper and critical minerals expansion and the anticipated benefits therefrom; the development of North American sources of rare earth elements and critical minerals becoming increasingly important amid rising geopolitical and industrial demand; the growth of the Company’s critical metals portfolio; the Burnt Pond Project providing significant leverage to strengthening copper markets and growing electrification demand; the expected direction of global resource markets; rare earth elements and copper becoming foundational to the future of electrification, automation, robotics, AI infrastructure, and national supply chain security; the Company’s rebranding better positioning the Company to advance a diversified critical minerals platform focused on commodities essential to the modern economy; the effective date of the Name Change and the new CUSIP number and ISIN for the Company’s common shares; and the receipt of all necessary regulatory approvals. It is important to note that the Company’s actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that the Company’s strategic transition toward rare earth elements, copper and critical minerals expansion may not be completed as contemplated, or at all; risks that the benefits anticipated from the Company’s strategic transition toward rare earth elements, copper and critical minerals expansion may not be realized as anticipated, or at all; the increasing importance of the development of North American sources of rare earth elements and critical minerals amid rising geopolitical and industrial demand may not occur as contemplated, or at all; risk that the growth of the Company’s critical metals portfolio may not occur as contemplated, or at all; that the Company’s anticipated plans regarding Burnt Pond Project and the anticipated benefits therefrom may not be realized as contemplated, or at all; that the expected direction of global resource markets may not occur as contemplated, or at all; risks that rare earth elements and copper may not become foundational to the future of electrification, automation, robotics, AI infrastructure, and national supply chain security as contemplated, or at all; the anticipated benefits from the Company’s rebranding may not be realized as contemplated, or at all; the effective date of the Name Change and the new CUSIP number and ISIN for the Company’s common shares may not occur as contemplated, or at all; that economic, competitive, governmental, geopolitical, environmental and technological factors may affect the Company’s operations, markets, products and prices; our specific plans and timing drilling, field work and other plans may change; that the Company may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out or complete our plans. Labor shortages, inflationary pressures, rising interest rates, the global financial climate and international conflicts are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company’s operating performance, financial position, and prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Except as required by law, the Company will not update or revise these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

Toronto, Ontario--(Newsfile Corp. - June 5, 2026) - NINE MILE METALS LTD. (CSE: NINE) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile"), is pleased to announce that its common shares have commenced trading on the OTCID™ Basic Market, a regulated U.S. platform operated by OTC Markets Group Inc., effective May 27^th, 2026, under the symbol "VMSXF." The Company's common shares continue to trade on the Canadian Securities Exchange under the symbol "NINE" and on the Frankfurt Stock Exchange under the symbol "KQ9."

The OTCID Market, launched by OTC Markets Group in 2025, is a regulated platform that certifies a company's ongoing compliance with established reporting standards. Companies on the OTCID Market provide consistent, ongoing financial disclosure, complete an annual management certification, and maintain a verified company profile, ensuring that U.S. investors, brokers, and regulators have access to standardized and accurate trading and reference data. The listing reinforces Nine Mile's commitment to transparency and sound corporate governance while broadening the Company's access to U.S. investors as it advances its exploration programs in the Bathurst Mining Camp.

Benefits for U.S. Investors and Shareholders

The Company believes that trading on the OTCID Market provides a number of advantages for Nine Mile and its shareholders, including:

• Expanded access for U.S. investors to research and trade Nine Mile shares within a transparent, regulated U.S. market environment;
• Enhanced transparency through consistent, ongoing financial disclosure and an annual management certification, giving investors timely, accurate information;
• Real-Time Level 2 quotes and current financial disclosure available to U.S. investors and brokers through the OTC Markets Group website at www.otcmarkets.com;
• Increased visibility and credibility among U.S. retail and institutional investors through a verified company profile and recognized market data;
• A broadened and more diversified shareholder base, supporting improved liquidity and a stronger trading experience for shareholders; and
• A strengthened foundation for the Company's capital markets strategy, positioning Nine Mile for continued growth in U.S. public markets.

Jonathan Holmes, President & Director, stated, "We are pleased to advance our capital markets strategy with the commencement of trading on the OTCID Market. This milestone reflects our ongoing commitment to transparency and strong corporate governance. This allows U.S. investors to research and trade Nine Mile shares at a time when we are actively advancing our 10,000m Wedge Drill Program and our portfolio of high-grade copper and Critical Minerals projects in the Bathurst Mining Camp. We believe broader access and enhanced visibility in the U.S. market will support a larger, more diversified shareholder base and greater liquidity for the benefit of all shareholders. We look forward to welcoming new investors as we continue to grow."

The Company has engaged Connect 4 Marketing Ltd. ("Connect4") to provide digital marketing services, including search engine marketing, influencer management and third-party newsletters. The term of the agreement with Connect4 is for a 12 month period beginning June 4, 2026, for a total budget of $75,000 USD plus applicable taxes.

Connect4 is a Quebec, Canada based company and the principal of Connect4 is Louis Carlos Vargas Rocheleau. To the best of the Company's knowledge, Connect4 does not have any equity interest in the securities of the Company, or a right to acquire such an interest. Connect4 and its principal have an arm's length relationship to the Company.

About Nine Mile Metals Ltd.:

Nine Mile Metals Ltd. is a Canadian public critical mineral exploration company focused on Critical Minerals (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company's primary business objective is to explore its four VMS Projects: Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project, and the Canoe Landing Lake (East – West) VMS Project. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

About OTC Markets Group Inc.:

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID® Basic Market and Pink Limited™ Market. Its OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. OTC Markets Group's model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, OTC Overnight® and MOON ATS® are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more, visit www.otcmarkets.com.

Social Media
X: @NineMileMetals
LinkedIn: Nine Mile Metals
Facebook: @Nine Mile Metals

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as "will," "may," "would," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that the Company's common shares will commence trading on the OTCID Basic Market under the symbol "VMSXF" effective May 27th, 2026, and that the listing will provide the anticipated benefits to the Company and its shareholders, including expanded access for U.S. investors, enhanced transparency and visibility, a broadened shareholder base, and improved liquidity. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

CALGARY, Alberta, June 05, 2026 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction is pleased to announce, further to its news release on May 1, 2026, that it is extending its engagement of Nordcore Media LLC (“Nordcore”) (address: 30 N Gould St Ste R Sheridan, WY 82801; email: jrojas@nordcoremedia.net) to provide online marketing services for an anticipated period of 60 days, or until budget exhaustion, commencing on June 8^th, 2026 and provided that the term of the marketing services may be extended or shortened at the discretion of management.

Nordcore will, as appropriate, provide online marketing services, including, but not limited to creating advertorials; creating texts, reports, and research materials; creating advertisement material, campaigns, ad groups, and bid adjustments; setting up and managing remarketing campaigns as well as creating campaigns for different devices to maximize returns.

The Company will pay a fee of $200,000 USD (plus applicable taxes) to Nordcore. The Company will not issue any securities to Nordcore as compensation for its marketing services. As of the date hereof, to the Company’s knowledge, Nordcore (including its directors and officers) does not own any securities of the Company and has an arm’s length relationship with the Company.

About Traction Uranium Corp.

Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca Region.

We invite you to find out more about our exploration-stage activities across Canada’s Western region at https://tractionuranium.com.

On Behalf of The Board of Directors

Jared Suchan
CEO and Director
(604) 425-2271
info@tractionuranium.com 

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events. In particular, this news release contains forward-looking information relating to, among other things, Nordcore’s online marketing services. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Although such forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will prove to be accurate.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. The forward-looking information contained in this news release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this news release.

A finder’s fee will be paid in connection with the Offering to finders, as determined by mutual agreement between the Company and the finders, which will consist of 7% cash on the total financing and additional 7% compensation warrants (“Compensation Warrants”).  The Compensation Warrants will permit the purchase of one common share in the capital of the Company at a price of $0.01 per common share for a period of 18 months from closing of the Offering.

Proceeds from the sale of Flow-Through Shares will be used to fund work to advance the Company’s mineral projects in Ontario and Newfoundland; proceeds from the sale of Common Shares may be used for exploration activities or general corporate purposes.

About Nuinsco Resources Limited

Nuinsco Resources has over 50 years of exploration suc­cess and is a growth-oriented, multi-commodity mineral explora­tion and development company focused on prospective oppor­tunities in Canada and internationally. Currently the Company has the large multi-commodity (phosphate, rare earth element, niobi­um, tantalum) Prairie Lake Project near Marathon-Terrace Bay, the Zig Zag Lake Property (lithium, tantalum) near Armstrong optioned to First Class Metals PLC, the Paradise Lake gold project in central Newfoundland and retains a NSR royalty on the Sunbeam Gold Property near Atikokan.   

Forward-Looking Statements

The information in this news release may contain forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections, and interpretations as at the date of this document.

All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited to, words such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved.”

FLI in this document may include but is not limited to: statements regarding the use of proceeds of the Private Placement; the Company’s exploration plans, the tax treatment of the securities issued under the Private Placement under the Income Tax Act (Canada); the timing to renounce all qualifying expenditures in favour of the subscribers (if at all); MREs; results of metallurgical studies; and the future prospects of the Company.

FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes.  FLI by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such FLI. Although the FLI contained in this document is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such FLI.  Except as required by law, the Company does not undertake, and assumes no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances. Unless otherwise noted, this document has been prepared based on information available as of the date of this document. Accordingly, you should not place undue reliance on the FLI, or information contained herein.

Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in FLI.

Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s financial position and general economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company to complete further exploration activities; the legitimacy of title and property interests in the Deposits; the accuracy of key assumptions; the ability of the Company to obtain required approvals; geological, mining and exploration technical problems; failure of equipment or processes to operate as anticipated; the evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about The Company's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available at www.sedarplus.ca.

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2026) - Mineral Road Discovery Inc. (CSE: ROAD) (the "Company" or "ROAD") is pleased to announce that, further to its news releases of April 8^th, May 1^st, May 21^st and May 29^th, 2026, it has closed the second tranche of its non-brokered private placement. The Company has issued an additional 3,000,000 units at a price of $0.06 per unit for proceeds of $180,000 (the "Private Placement"). Each unit consists of one common share and one warrant, with each warrant entitling the holder to purchase one common share at a price of $0.08 for a period of three years expiring June 3, 2029. Proceeds will be used for general working capital. All securities issued will be subject to a four month hold period expiring October 4, 2026.

Mineral Road Partners Inc. ("MR Partners"), a company controlled by Damien Reynolds, the Company's Chairman, interim CEO and Director, acquired 500,000 units of the Company. As a result, MR Partners now owns, directly and indirectly, 66.27% of the outstanding shares of the Company or 72.42% assuming exercise of all warrants held by MR Partners and is a "control person" as that term is defined under securities legislation.

MR Partners purchased the units for investment purposes. The Private Placement and the acceptance of the subscription by MR Partners was approved by unanimous resolution of the board of directors of the Company. There was no formal valuation of the Company done in connection with the Private Placement nor has there been such a formal valuation in the past 24 months. The Company relied upon the exemptions contained in Section 5.5(b) and 5.7(b) of Multilateral Instrument 61-101 ("MI 61-101") to avoid the formal valuation and shareholder approval requirements of MI 61-101. For the purposes of Section 5.5(b), the Company does not have any securities listed on any of the stock exchanges set out in Section 5.5(b) and for the purposes of Section 5.7(b) the exemption was available as the consideration paid for the units subscribed for by MR Partners was less than $2,500,000.

The securities referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements. "United States" and "U.S. person" have the respective meanings assigned in Regulation S under the U.S Securities Act.

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Not for distribution to United States Newswire Services or for dissemination in the United States

COLORADO SPRINGS, CO / ACCESS Newswire / June 5, 2026 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announced the closing of a $5.5 million USD Private Placement, selling 1.15 million unregistered shares of its common stock at $4.82 per share, to Hawthorne Land and Minerals, LLC. There were no placement or agent fees paid by the Company associated with the placement. The proceeds of the private placement are primarily to be used to accelerate an expansion to the Isabella Pearl heap leach pad. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.

The proceeds of the Private Placement are to be used to accelerate an expansion to the current Isabella Pearl heap leach pad. The heap leach pad will be expanded to the west to allow additional pad capacity for gold processing into 2028. Pad construction is expected to commence in the coming weeks and is estimated to be concluded during the third quarter of 2026.

"We are pleased to now be moving forward with our third heap leach pad expansion at our Isabella Pearl processing facility," stated Fortitude Gold CEO and President, Mr. Jason Reid. "Our newly commissioned crushing facility has allowed a significant increase in tonnage throughput. With County Line and Isabella Pearl's Scarlet coming online the first quarter of this year, we are now sourcing mineralization from three areas, making this needed expansion of the heap leach pad an essential investment."

Mr. Reid continued, "We don't take shareholder dilution lightly, and we are still very proud to have one of the tightest capital structures for a producer in the mining space with just 28,590,128 outstanding shares of common stock after this Private Placement. On behalf of the Board, management, and the team here at Fortitude Gold, I would like to thank Hawthorne Land and Minerals for their continued support."

About Fortitude Gold Corp.:

Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free, and distribute dividends. The Company's Nevada Mining Unit consists of eight high-grade gold properties. Fortitude Gold owns 100% of its properties, with the exception of East Camp Douglas, which is held in a joint venture with Fortitude owning 60%. The Isabella Pearl Project, which includes the Isabella Pearl and Scarlet South Mines, and County Line Project, which includes the County Line and East Pit Mines, are currently in production in Mineral and Nye Counties, Nevada. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.

Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy and future plans for production. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release.

Contact:
Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com

KELLOGG, Idaho, June 5, 2026 /PRNewswire/ -- Sunshine Silver Mining & Refining Company (the "Company" or "Sunshine") today announced the closing of its initial public offering of 23,000,000 shares of common stock at a public offering price of $13.50 per share, including the full exercise by the underwriters of their option to purchase additional shares. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses were approximately $310.5 million.

Sunshine's common stock began trading on the New York Stock Exchange on June 4, 2026, under the ticker symbol "SSMR."

Morgan Stanley, Scotiabank and BMO Capital Markets acted as joint lead book-running managers for the offering. Canaccord Genuity, Citigroup and RBC Capital Markets acted as joint bookrunners.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 3, 2026. A prospectus relating to and describing the terms of the offering has been filed with the Securities and Exchange Commission and is available on the SEC's website at www.sec.gov. A copy of the prospectus may also be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; Scotia Capital (USA) Inc., 250 Vesey Street, 24th Floor, New York, NY 10281, Attention: Equity Capital Markets, or by telephone at (212) 255-6854, or by email at us.ecm@scotiabank.com; and BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at bmoprospectus@bmo.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Sunshine Silver Mining & Refining Company

The Company is dedicated to bringing the historic, permitted Sunshine Mine back into production. As the largest mineral rights holder in Idaho's Coeur d'Alene Mining District - the most prolific silver district in U.S. history - Sunshine benefits from favorable mining regulations, an existing skilled labor force, mine suppliers and strong support for mining from the local population and government. The Sunshine Mine is one of the highest-grade primary silver resources in the world, and the Company is one of the few U.S.-based entities with a vertically integrated mine-to-mill-to-refinery platform, supported by a permitted onsite silver refinery and the major permits required for antimony production.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the Company's business strategy, the Company's plans and objectives for future operations and industry trends. These statements are not historical facts but rather are based on the Company's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as "may," "might," "could," "would," "achieve," "budget," "scheduled," "forecasts," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" and similar expressions are used to identify these forward-looking statements. All forward-looking statements speak only as of the date on which they are made. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions concerning future events that are difficult to predict. Therefore, actual future events or results may differ materially from these statements. We caution you not to place undue reliance on these forward-looking statements.

Dieppe, New Brunswick--(Newsfile Corp. - June 5, 2026) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") announces that it has received the resignation of Mr. Mark Smethurst as a director of the Company, effective immediately.

The Company thanks Mr. Smethurst for his service and wishes him well in his future endeavors.

About Colibri Resource Corporation

Colibri Resource Corporation (TSXV: CBI) is a Canadian junior mining company engaged in the acquisition, exploration, and development of precious metal properties in Sonora, Mexico. Colibri holds a 100% interest in the EP Gold Project, a 49% joint venture interest in the Pilar Gold & Silver Project with partner Tocvan Ventures (CSE), and an additional 60% interest in highly prospective claims at the Diamante Gold & Silver Project.

ON BEHALF OF THE BOARD

Notice Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.