Mr. Sylvain Laberge reports

1844 RESOURCES INC. ANNOUNCES EXTENSION OF THE OPTION AGREEMENT WITH NICKEL NORTH AND CLARIFIES TERMS OF THE market mAKER AGREEMENT

1844 Resources Inc. has provided an update regarding its option agreement between Nickel North Exploration Corp. and 1844. Specifically, 1844 and Nickel North have agreed to extend the outside date (as defined in the option agreement) from June 20, 2025, to July 31, 2025.

The option agreement remains subject to the approval of the TSX Venture Exchange.

Additionally, the company continues to pursue its previously announced non-brokered private placement of units of the company at a price of 2.5 cents per unit for aggregate gross proceeds of up to $750,000.

Update on market-making services agreement

Further to the company's news release dated May 1, 2025, regarding its market-making agreement with Venture Liquidity Providers Inc. (VLP), the company announces:

• That it entered into the market-making agreement on July 28, 2020 (see the company's news release dated July 29, 2020). The market-making service is undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the exchange. For its services:
• The company agreed to pay VLP a monthly fee of $5,000, plus applicable tax;
• The market-making agreement was automatically renewed for successive 12-month terms and has remained in effect continuously since its inception;
• The market-making agreement can now be terminated at any time by either the company or VLP;
• 1844 and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the company or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the company to VLP is for services only;
• The market making agreement remains subject to exchange policies and approvals.

About 1844 Resources Inc.

1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions Gaspe, Nunavik, Quebec. With a dedicated management team, the company's goal is to create shareholder value through the discovery of new deposits.

We seek Safe Harbor.