Mr. John Plourde reports

PACIFIC BOOKER MINERALS INC. ANNOUNCES ENGAGEMENT OF INFOR FINANCIAL TO PROVIDE INDEPENDENT FAIRNESS OPINION TO THE SPECIAL COMMITTEE

Infor Financial Inc. has been engaged to provide an independent fairness opinion to the special committee of the board of directors of Pacific Booker Minerals Inc. in connection with the unsolicited all-share hostile takeover bid by American Eagle Gold Corp.

As previously announced, on April 14, 2026, American Eagle commenced the hostile bid, pursuant to which American Eagle is offering to acquire all of the issued and outstanding common shares of Pacific Booker. On April 27, 2026, the board established the special committee, composed of independent directors Jonathan McCullough and Gregory Anderson, to, among other things, review and consider the hostile bid. On April 29, 2026, following careful consideration and receipt of the unanimous recommendation of the special committee and after consultation with its financial and legal advisers, the company filed a director circular in which the board recommended that shareholders of Pacific Booker do not tender their common shares to the hostile bid.

Infor financial is a Toronto-based independent advisory investment bank which has been retained to deliver an independent fairness opinion to the special committee regarding the adequacy of the consideration offered to the shareholders under the hostile bid. Infor Financial's compensation will be a fixed fee that is not contingent on the conclusions reached in its opinion or on the outcome of the hostile bid or any alternative transaction.

We seek Safe Harbor.