Mr. Robert Ferguson reports

ARCLAND RESOURCES ANNOUNCES CLOSING OF PRIVATE PLACEMENT OF $85,000

Further to the news release of March 6, 2026, Arcland Resources Inc. has closed a non-brokered private placement through the issuance of 850,000 common shares of the company at 10 cents per share for gross proceeds of $85,000.

The shares issued as part of the private placement are subject to a hold period of four months and a day from the date of issuance pursuant to the policies of the TSX Venture Exchange and applicable securities laws. The closing of the private placement is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. The company intends to use the net proceeds from the private placement for working capital and general corporate purposes.

Pursuant to the private placement, a company wholly owned and controlled by Dickson Hall, a director of the company, acquired 200,000 shares, which represent 1.42 per cent of the company's issued and outstanding shares on a non-diluted basis postclosing of the private placement. Mr. Hall beneficially or directly held one million shares before the closing of the private placement. Pursuant to the private placement, a company wholly owned and controlled by Robert Ferguson, the chief executive officer and director of the company, acquired 150,000 shares, which represent 1.1 per cent of the company's issued and outstanding shares on a non-diluted basis postclosing of the private placement. Mr. Ferguson did not beneficially hold any shares before the closing of the private placement.

Subject to regulatory approval, the portion of the private placement involving Mr. Hall and Mr. Ferguson is considered a related-party transaction pursuant to Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transaction). The company is exempt from the requirements to obtain formal valuation and minority shareholder approval in connection with Mr. Hall and Mr. Ferguson's participation in the private placement in reliance, respectively, on Section 5.5(b) of MI 61-101 as the company is not listed on a specified market and on Section 5.7(1)(b) of MI 61-101 as a distribution of securities for cash not exceeding $2.5-million, which is approved by independent directors. The private placement did not result in the creation of a new control person of the company.

We seek Safe Harbor.