Mr. Stephen Wallace reports

SEARCHLIGHT ANNOUNCES CHANGE OF AUDITOR

Jones & O'Connell LLP (the successor auditor) has been appointed as Searchlight Resources Inc.'s new auditor effective June 16, 2025, replacing Manning Elliott LLP.

Reporting notices prepared in accordance with National Instrument 51-102 by the former auditor, the successor auditor and the company have been filed on SEDAR+.

There are no disagreements or consultations (as those terms are defined in NI 51-102) in connection with the change of auditor nor have there been any reservations or modifications in the former auditor's reports on the company's financial statements relating to the period during which it was auditor.

No reportable event as defined in NI 51-102, has occurred in connection with the audits of the two most recently completed fiscal years of the company, nor any period from the most recently completed fiscal years of the company for which Manning Elliott issued an audit report and the date of the notice.

The termination of Manning Elliott, and appointment of Jones & O'Connell, as auditor of the company were considered and approved by the board of directors of the company.

We seek Safe Harbor.