Mr. Steve Roebuck reports

AUREUM EXPLORATION CLOSES INITIAL PUBLIC OFFERING AND ANNOUNCES COMMENCEMENT OF TRADING ON THE CANADIAN SECURITIES EXCHANGE

Aureum Exploration Inc. has closed its initial public offering (IPO), in which it issued 5,359,500 common shares of the company at a price of 10 cents per offered share, for total gross proceeds of $539,950. The offered shares were issued pursuant to a prospectus of the company dated March 10, 2026, filed with the Alberta Securities Commission, the British Columbia Securities Commission and the Ontario Securities Commission.

The IPO was completed pursuant to an agency agreement dated March 10, 2026, between the company and Haywood Securities Inc., which acted as agent on the IPO. Under the agency agreement, the company paid to the agent as consideration for its services: (i) a corporate finance fee (including GST) totalling $26,250; (ii) an agent's commission totalling $36,763.50; and (iii) issued to the agent an aggregate of 265,760 non-transferable warrants of the company. Each agent's warrant entitles the holder to purchase one share at an exercise price of 10 cents per share until June 8, 2028.

The common shares of the company will begin trading effective at the market open on June 9, 2026, on the Canadian Securities Exchange under the symbol AURM.

The net proceeds from the IPO will be used by the company to complete its exploration program on the Tuition gold property, located in located in the Abitibi region of western Quebec, Canada. More information about the company, its exploration program and its interest in the Tuition gold property can be found in the final prospectus of the company dated March 10, 2026, and in the company's CSE listing statement, which are both posted on the company's profile on SEDAR+.

About Aureum Exploration Inc.

Aureum Exploration is a Canadian mineral exploration company focused on advancing the Tuition gold property, a gold exploration project located approximately 75 kilometres north of Val d'Or in the Abitibi region of Quebec. The property consists of 20 contiguous claims covering approximately 666 hectares. The company holds an option to acquire a 100-per-cent undivided interest in the property and is pursuing exploration programs designed to evaluate and expand its mineral potential.

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