Mr. Benjamin Hill reports

RAIN CITY RESOURCES APPLICATION FOR MANAGEMENT CEASE TRADE ORDER SUBMITTED TO ALBERTA SECURITIES COMMISSION UNDER REVIEW

Rain City Resources Inc. has applied for a management cease trade order in connection with the delay in filing its audited annual financial statements, the related management discussion and analysis, and chief executive officer and chief financial officer certifications for the financial year ended Sept. 30, 2025. Rain City was obligated to file the required filings on or before Jan. 28, 2026, in accordance with applicable securities laws.

The company has been unable to meet the filing deadline due to a delay in timely receipt of third party information required to conclude its audit and a working capital shortfall, both of which have delayed the completion of the audit process necessary for the required filings.

The company is working expeditiously to remedy the reasons for the default and has consequently made an application to the Alberta Securities Commission (ASC) under National Policy 12-203, Management Cease Trade Orders. The submitted application has not yet been approved and remains under review by the ASC. The company hopes to receive a management cease trade order in respect of the late filing.

The company is actively pursuing the collection of additional third party audit support requested to conclude its audit as well as additional financing and anticipates securing the funds within the next 30 days. Proceeds from the financing are expected to be used for general working capital purposes, including payment of audit-related fees. The company expects to be able to submit both its audited annual financial statements, the related management discussion and analysis, and CEO and CFO certifications for the financial year ended Sept. 30, 2025, as well as its interim financial statements, the related management discussion and analysis, and CEO and CFO certifications for the three months ended Dec. 31, 2025, no later than March 30, 2026.

Should the MCTO be granted, during the term the MCTO is in effect, the general investing public will continue to be able to trade freely in the company's listed common shares. However, the company's chief executive officer, chief financial officer, and such other directors, officers and persons as determined by the applicable regulatory authorities, will not be able to trade the company's securities. The company intends to comply with the provisions of the alternative information guidelines as set out in National Policy 12-203 for as long as it remains in default, including the issuance of biweekly default status reports, each of which will be issued in the form of a news release.

The company also confirms that, at the date hereof, there are no insolvency proceedings against it and no other material information concerning the affairs of the company that has not been generally disclosed as of the date of this press release.

About Rain City Resources Inc.

Rain City is an integrated critical mineral technology and project development company committed to addressing the environmental, social and economic challenges of lithium and critical mineral extraction from brine. By advancing scalable, water-conscious DLE (direct leach extraction) solutions, Rain City is helping drive the transition to a clean energy future.

We seek Safe Harbor.