Mr. Brent Osmond reports

FIDDLEHEAD RESOURCES ANNOUNCES REPRICING OF STOCK OPTIONS

Fiddlehead Resources Corp. has approved the repricing of the exercise price of an aggregate of 3,975,000 outstanding incentive stock options to purchase common shares of the company from 20 cents per common share to eight per common share. Of those, 300,000 stock options expire on Jan. 2, 2036, and 3,675,000 expire on Oct. 17, 2034. The expiry dates of the stock options have not been amended.

Under TSX Venture Exchange Policy 4.4 -- Security Based Compensation, the repricing is subject to the approval of the TSX-V and requires approval of disinterested shareholders of the company in the event the holder of the stock options is an insider of the company. Accordingly, the company intends to seek disinterested shareholder approval for the repricing of 3,975,000 stock options held by insiders at its next annual general and special meeting of shareholders which is expected to be held on June 25, 2026.

We seek Safe Harbor.