Mr. Jason Gigliotti reports

MAKENITA RESOURCES INC. ACQUIRES THE DISTRICT-SIZED 45,967-ACRE "COBEQUID-CHEDABUCTO HYDROGEN PROJECT" IN NOVA SCOTIA

Makenita Resources Inc. has acquired the district-sized 45,967-acre Cobequid-Chedabucto hydrogen project in Nova Scotia. The property consists of 1,149 claim units totalling 45,967 acres prospective for hydrogen (see original announcement dated Sept. 21, 2026). Management cautions that past results or discoveries on properties near Makenita's may not necessarily indicate mineralization on the company's property.

Jason Gigliotti, president of Makenita, stated: "This acquisition immediately makes Makenita one of the larger landholders for hydrogen in Nova Scotia. The province has emerged as one of the hotbeds for hydrogen exploration, attracting large players such as Koloma, whom this new project directly borders, along with significant staking by Rio Tinto in the region. QIMC, which also directly borders the project, has reported positive hydrogen results this year, including a company-record 30.0 per cent H2 at 413 metres at its Bennett Hill project. When you couple this district-sized hydrogen project with our 102,110-contiguous-acre serpentinization iron-magnetite project in Saskatchewan bordering Max Power Mining Corp. and our newly expanded 22,625 contiguous acres directly bordering Northcliff Resources Ltd.'s Sisson tungsten-molybdenum project, it is clear we are building our asset base and plan to be extremely active in the near and medium term. With a tight share structure and steady news flow, management is very optimistic about the remainder of 2026."

About Makenita Resources Inc.

Makenita has several district-sized land projects located in Canada, including the newly acquired 45,967-acre Cobequid-Chedabucto hydrogen project in Nova Scotia, directly bordering Koloma and Quebec Innovative Materials Corp. (QIMC), as well as the 102,110-contiguous-acre Serpentinization iron-magnetite project in Saskatchewan bordering Max Power Mining. Makenita also has the 22,665-contiguous-acre Sisson West tungsten project, prospective for tungsten in New Brunswick, directly bordering Northcliff Resources Ltd.'s Sisson tungsten-molybdenum project. The company also holds the approximately 9,000-acre NTX rare earth project in Quebec, prospective for rare earths, and the 5,542-acre Hector project in the vicinity of Cobalt, Ont., prospective for cobalt, silver and diamonds. Management cautions that past results or discoveries on properties in proximity to Makenita may not necessarily be indicative of the presence of mineralization on the company's properties.

Qualified person for mining disclosure

The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a qualified person as defined by National Instrument 43-101.

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