Mr. Dan Denbow reports

SIGNATURE RESOURCES ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Signature Resources Ltd. has closed its non-brokered private placement offering and is issuing 11,311,111 flow-through (FT) units and 2.5 million non-flow-through (NFT) units for gross proceeds of to $609,000

Each FT unit has been issued at 4.5 cents and each NFT unit has been issued at four cents per unit. Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of eight cents per warrant share for a period of 12 months from the date of issuance.

The common shares and warrants comprising the FT units will qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada). The warrant shares will not qualify as flow-through shares. All securities issued pursuant to the offering will be subject to a four-month hold period in accordance with applicable securities laws and TSX Venture Exchange policies.

As part of the entire offering, insiders of the company purchased or acquired direction and control over 26 per cent of the offering by acquiring 1,111,111 FT units and 2.5 million NFT units, constituting a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. With the entirety of the offering closing, the company is issuing 13,811,111 common shares and 6,905,555 warrants.

The offering is subject to the acceptance of the TSX Venture Exchange. All securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws. Finders' fees totalling $43,000 in cash and 66,667 broker warrants with an exercise price of 4.5 cents per share for a period of 24 months from the closing of the offering will be paid as part of the transaction.

The net proceeds from the offering will be used for field exploration activities on the company's regional prospects, for metallurgical studies and for general working capital purposes. It is anticipated that approximately three-quarters of the net proceeds will be used for early exploration field program on high-priority regional prospects, which includes mapping sampling and assaying. Approximately 17 per cent of the funds will be utilized for metallurgical testwork on the Lingman Lake mine area gold zones and the remainder for general working capital purposes. None of the proceeds will be used for investor relations service providers.

About Signature Resources Ltd.

The company is a Canadian-based advanced stage exploration company focused on expanding the 100-per-cent-owned Lingman Lake gold deposit, located within the prolific Red Lake district in Northwestern Ontario, Canada. The Lingman Lake gold property consists of 25 single-cell and 159 multicell staked claims, four freehold fully patented claims, and 14 mineral rights patented claims totalling approximately 23,033 hectares. The property includes what has historically been referred to as the Lingman Lake gold mine, an underground substructure consisting of a 126.5-metre shaft, and three levels at depths of 46 metres, 84 metres and 122 metres. There has been over 43,222 metres of drilling done on the property and four 500-pound bulk samples that averaged 19 grams per tonne of gold. The company's initial mineral resource estimate was published in the report, entitled "NI 43-101 Technical Report on the Lingman Lake Property," dated May 31, 2025, prepared by Gehard Kiessling, PGeo, Farshid Ghazanfari, PGeo, Marin Drennan, PEng, Cameron Finlayson and Jeff Plate, CFA, PGeo, of Watts, Griffis and McOuat Geologic Mining Consultants. The initial published mineral resource was estimated to contained 2,145,000 tonnes of material grading 1.38 grams per tonne (g/t) gold (Au) for an estimated 95,200 ounces in the indicated category and 18,398,000 tonnes of material with an average grade of 1.14 g/t Au for an estimated 674,320 ounces in the inferred category at a cut-off grade of 0.30 g/t. The company is focused on rapidly expanding the known mineralized envelope with its 100-per-cent-owned diamond drilling rigs. In November, 2023, Wataynikaneyap Power energized a new 115-kilovolt high-tension transmission line within 40 kilometres of the historic Lingman Lake mine.

We seek Safe Harbor.