File: '\\swfile\EmailIn\20260126 103314 Attachment Press Release - Jan 20 2026 Resignation of Norman Betts - Final.docx'

49 NORTH RESOURCES INC. ANNOUNCES RESIGNATION OF DIRECTOR

SASKATOON, SASKATCHEWAN, January 26, 2026) 49 North Resources Inc. ("49 North" or the "Company") (TSXV: FNR) announces that Mr. Norman Betts has resigned as a Director of the Company effective January 19, 2026. The Company thanks Mr. Betts for his contributions to the company during his long tenure and wishes him success in his future endeavors.

49 North is a natural resource focused investment company. The Company's diversified portfolio of assets includes investments in a wide range of natural resource companies and projects.

For more information contact:

49 North Resources Inc. Tom MacNeill President and Chief Executive Officer 306-653-2692 or ir@fnr.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.