Mr. Peter Van Alphen reports

NUVAU MINERALS ANNOUNCES UP TO $20 MILLION BROKERED PRIVATE PLACEMENT

Nuvau Minerals Inc. has entered into an agreement with Clarus Securities Inc. and Integrity Capital Group Inc., as co-lead agents and co-lead bookrunners, in connection with a proposed best effort brokered private placement for aggregate gross proceeds of up to $20-million, composed of the offer and sale of up to: (i) 18.75 million units of the company, at a price of 80 cents per unit, for gross proceeds of up to $15-million; and (ii) five million flow-through shares of the company, at a price of $1 per FT share, for gross proceeds of up to $5-million. The agents will have an option, exercisable in whole or in part up to 48 hours prior to the closing date (as defined herein), to offer for sale up to any combination of additional units, common shares and/or warrants to raise up to an additional $5-million in gross proceeds.

Each unit will consist of one common share of the company and one-half of one transferable common share purchase warrant of the company, with each warrant entitling the holder thereof to purchase one common share at a price of $1.30 per common share for a period of 36 months following the closing of the offering. All FT shares will be common shares that qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) (and Section 359.1 of the Taxation Act (Quebec)).

The company intends to use the proceeds of the offering for working capital and general corporate purposes and for the completion of exploration and development activities at its Matagami property. The gross proceeds from the offering of FT shares will be used by the company to incur eligible Canadian exploration expenses, some portion of which may qualify as flow-through critical mineral mining expenditures (as both terms are defined in the ITA), on or before Dec. 31, 2027, which qualifying expenditures will be renounced in favour of the subscribers of the FT shares with an effective date on or before Dec. 31, 2026.

The units and FT shares are to be offered for sale by way of private placement in all the provinces of Canada, pursuant to applicable prospectus exemptions under National Instrument 45-106 (Prospectus Exemptions). The agents will also be entitled to offer the units for sale to eligible purchasers resident in the United States pursuant to available exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended, and in those other jurisdictions outside of Canada and the United States provided that such offer and sale do not require the filing of a prospectus or registration statements, or comparable obligation arises in such other jurisdiction.

In consideration for the agents' services, the company will pay to the agents on the closing date a cash commission equal to 6.0 per cent of the gross proceeds of the offering (including any gross proceeds raised pursuant to the exercise of the agents' option) provided that such cash fee shall be reduced to 3.0 per cent in respect of the gross proceeds raised from sales to purchasers included on a president's list to be formed by the company in consultation with the agents. In addition, the company shall issue to the agents on the closing date such number of non-transferable compensation options of the company as is equal to 6.0 per cent of the aggregate number of units and FT shares sold under the offering (including pursuant to exercise of the agents' option) provided that such number of compensation options shall be reduced to 3.0 per cent of units and FT shares sold to subscribers of the president's list. Each compensation option will entitle the holder thereof to purchase one unit at the offering price at any time and from time to time for a period of 36 months following the closing date.

Closing of the offering is expected to take place on or about Feb. 19, 2026, and is subject to certain conditions, including, but not limited to, the conditional approval of the TSX Venture Exchange. All securities issued under the offering will be subject to a hold period expiring four months and one day from the closing date.

About Nuvau Minerals Inc.

Nuvau is a Canadian mining company, incorporated under the OBCA, currently in the exploration and development phase. Nuvau's principal asset is its right to earn in a 100-per-cent undivided interest from Glencore in the Matagami property located in Abitibi region of central Quebec, Canada, pursuant to an amended and restated earn-in agreement dated Jan. 28, 2026, among Nuvau, Nuvau Minerals Corp. and Glencore.

We seek Safe Harbor.