Mr. John Newell reports

GOLDEN SKY MINERALS CORP. RECEIVES EXCHANGE APPROVAL, PROVIDES ADDITIONAL DISCLOSURE ON NSR TERMS IN BOLIDEN OPTION AND JOINT VENTURE AGREEMENT

Golden Sky Minerals Corp. has received approval from the TSX Venture Exchange for its option and joint venture agreement with Boliden Minerals Canada Ltd. and, as requested by the exchange, provides the following supplemental disclosure regarding the net smelter returns royalty (the NSR).

This news release is issued further to the company's news releases dated Sept. 3, 2025, found on-line, and Nov. 17, 2025, found on-line, which described the key terms of the agreement and the approval of the agreement by disinterested shareholders.

Under the agreement, Boliden may earn up to an 80-per-cent interest in the Rayfield copper-gold property in south-central British Columbia by making cash payments totalling $1-million over five years and funding up to $19-million in exploration expenditures over six years. Upon completion of the earn in, a joint venture will be formed, and the Rayfield property will be combined with Boliden's adjoining Gjoll property.

In connection with the joint venture, if a party's interest in the joint venture is reduced to below 10 per cent, its remaining interest will automatically convert into a 1.0-per-cent net smelter returns (NSR) royalty on the Rayfield Gjoll property, subject to a maximum aggregate royalty payable of $15-million.

The NSR is not an upfront or current obligation of the company. It only arises if a joint venture participant is diluted below a 10-per-cent interest. At present, no NSR is outstanding or payable to any party under the agreement.

This transaction is arm's length to the company and no finders' fees are being paid.

About Golden Sky Minerals Corp.

Golden Sky Minerals is a well-financed junior grassroots explorer engaged in the acquisition, assessment, exploration and development of mineral properties located in highly prospective areas and mining-friendly districts. Golden Sky's mandate is to develop its portfolio of properties to the mineral resource stage through systematic exploration.

Its portfolio includes the Rayfield-Gjoll copper-gold project in British Columbia, the Hotspot and Luckystrike gold projects in Yukon, and the Auden gold project in Ontario's Timmins camp. Golden Sky's objective is to create value for shareholders through the discovery and development of world-class mineral deposits. The company was incorporated in 2018 and is headquartered in Vancouver, B.C., Canada.

We seek Safe Harbor.