Ms. Cynthia Le Sueur-Aquin reports

LAURION RETAINS SMARTIR MARKETING LTD. TO DRIVE INVESTOR AWARENESS AHEAD OF ACTIVE 2026 EXPLORATION PROGRAM

Laurion Mineral Exploration Inc. has entered into a digital marketing consulting agreement dated May 8, 2026, with Smartir Marketing Ltd., an arm's-length service provider based in the United Kingdom and the United States.

Pursuant to the engagement, Smartir will oversee and direct the company's digital marketing and investor awareness initiatives. Services will include digital advertising campaigns, social media management, investor communications, content development, website optimization and investor webinars.

The engagement is structured as a full-service marketing program for a six-month term, commencing on the date of the agreement, unless terminated earlier in accordance with the agreement. At the end of the initial term, the agreement may be renewed by mutual and written agreement of the company and the consultant. Either party may terminate the agreement with 45 days written notice to the other party.

Pursuant to the agreement, the company will pay Smartir a cash fee of $30,000 per month, for total consideration of $180,000 over the initial term. The monthly fee includes digital advertising spend and related campaign costs. No securities will be issued to Smartir as compensation under the agreement. The agreement does not contain any performance-based compensation factors.

The company believes the engagement of Smartir will strengthen its communications platform and expand investor awareness as Laurion advances its 2026 drill program and evaluates near-term development opportunities at the Ishkoday project.

The company and Smartir are unrelated and unaffiliated entities. The consultant, including its chief executive officer, Britanny Carter, and its principals, does not currently own any securities of the company.

The agreement and the company's engagement of Smartir remain subject to the final approval of the TSX Venture Exchange.

About Laurion Mineral Exploration Inc.

Laurion is listed on the TSX Venture Exchange (LME), OTC (LMEFF) and Frankfurt Stock Exchange (5YD), and is a mid-stage Canadian mineral exploration company, focused on advancing the 100-per-cent-owned Ishkoday gold project in Northern Ontario.

The Ishkoday project covers approximately 57 square kilometres within the prolific Beardmore-Geraldton and Onaman-Tashota greenstone belts, and hosts a district-scale mineralized corridor extending more than six kilometres. Historical and modern exploration programs have completed over 98,000 metres of drilling, confirming a large and evolving gold-rich polymetallic mineral system.

The company's strategy emphasizes systematic technical advancement, integrated geological modelling and responsible capital allocation. Laurion continues to evaluate opportunities that may enhance project development flexibility, including potential non-dilutive initiatives such as the evaluation of historical surface stockpile processing.

Cynthia Le Sueur-Aquin, president and chief executive officer of Laurion, is the company's largest shareholder, holding 17,221,306 common shares, reflecting strong alignment between management and shareholders.

We seek Safe Harbor.