Mr. Richard Revelins reports

MERYLLION RESOURCES CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Meryllion Resources Corp. has closed a first tranche of its previously announced non-brokered private placement. Pursuant to this first tranche, the company issued a total of 5.64 million common shares in the capital stock of the company at a price of five cents per common share for gross proceeds of $282,000. The company paid a finder's fee of $10,500 to an eligible finder assisting with the first tranche. The company expects to close a second tranche of the private placement within the next two weeks.

The private placement is subject to final acceptance of the Canadian Securities Exchange. All securities issued pursuant to the private placement are subject to a hold period of four months and one day from the date of issuance.

The proceeds from the private placement will be used by Meryllion to finance exploration activities and for working capital purposes.

Certain insiders of the company participated in the first tranche for an aggregate of $37,500. The issuance of common shares to insiders constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, the company is exempt from the requirements to obtain a formal valuation and minority shareholder approval as the fair market value of the insiders' participation in the first tranche is below 25 per cent of the corporation's market capitalization for purposes of MI 61-101.

About Meryllion Resources Corp.

Meryllion is an exploration-stage company listed on the Canadian Securities Exchange. The company recently entered into a lease and option agreement in respect of the Makenzie gold/silver/antimony project located 44 kilometres south-southwest of Austin, Nev., in the Toiyabe range of central Nevada. Makenzie is one of the largest known untested gold, silver and antimony anomalies in the state of Nevada.

Meryllion also has the rights to acquire up to a 100-per-cent interest in the Westbury and Tasmanian strategic green metals ionic adsorption clay (IAC) hosted rare earth elements (REE) projects located in northeast Tasmania, Australia, with a total tenement area of approximately 800 square kilometres. Meryllion's IAC REE projects are situated along strike, and/or adjacent to, discoveries by ABx Group Ltd. ABx has reported that Tb (terbium) and Dy (dysprosium) concentrations in all of ABx's rare earths resources are the highest of any ionic adsorption clay deposit in Australia and are among the highest globally (refer ABx's news release dated May 5, 2025).

We seek Safe Harbor.