Mr. Randy Reifel reports

GUNPOINT ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

Gunpoint Exploration Ltd. has appointed Christopher Gulka, CPA, CA, CFA, as chief financial officer and corporate secretary of the company as of Nov. 1, 2026. Mr. Gulka has been performing functions similar to a chief financial officer since April 25, 2023.

Mr. Gulka brings over 30 years of experience in capital markets and public markets. In 1999, he founded Working Capital Corp., a corporate finance firm specializing in valuations, due diligence, corporate finance and management consulting. Mr. Gulka's previous roles include serving as CFO and director of Inner Spirit Holdings Ltd., a retailer and franchisor of Spiritleaf recreational cannabis stores across Canada, which was acquired by Sundial Growers Inc. in a transaction valued at approximately $130-million. Over the years, he has held CFO and director positions with various public companies across sectors such as mining, oil and gas, cannabis, and industrial. Formerly, Mr. Gulka worked as a financial securities analyst at the Alberta Securities Commission and as a staff accountant at Ernst & Young. He holds a bachelor of commerce with distinction from the University of Alberta (1990), and is a chartered financial analyst (CFA) and chartered professional accountant (CPA).

The company has granted 200,000 stock options to Mr. Gulka, pursuant to the company's stock option plan. The stock options are exercisable at 75 cents per share for a term of five years. The options will vest and be exercisable on the basis of 25 per cent annually commencing Nov. 1, 2027, the first anniversary of the date of the grant.

About Gunpoint Exploration Ltd.

Gunpoint has 100-per-cent interest in the Talapoosa gold-silver project located in the Walker Lane trend in Nevada. Talapoosa hosts over 1.0 million ounces of gold and 13.6 million ounces of silver (in the measured and indicated categories) and 233,532 ounces of gold and 2,172,766 ounces of silver in the inferred category. In addition to the known mineral resource, two large subparallel trends within the land package provide significant district scale upside.

Todd Kanhai, MASc, PEng, and Todd McCracken, PGeo, from Tetra Tech are the qualified persons (QP) for the Talapoosa project mineral resource.

We seek Safe Harbor.