Mr. Shawn Wallace reports

TORQ RESOURCES COMPLETES EXTENSION OF CREDIT FACILITY

Further to the Aug. 20, 2026, and Sept. 15, 2026, news releases, Torq Resources Inc. has received regulatory approval for the six-month extension of the company's $2.8-million loan owed to 191010 Investments Ltd. from July 11, 2026, to March 16, 2027, that being six months from the closing of Torq's recent private placement financing. In consideration, the lender will receive 56 million share purchase warrants, with each lender warrant exercisable for one common share at the price of five cents per common share until Sept. 16, 2027.

The lender warrants are subject to a contractual blocker term that will prohibit exercise if the number of shares that would result on exercise combined with the lender's other Torq shares would exceed 9.99 per cent of issued Torq shares without the company's approval, which threshold percentage, if waived by the company, would require TSX Venture Exchange's and shareholders' approval to exceed 19.99 per cent. In accordance with TSX-V policy, the lender warrants are also subject to reduction on 10 days notice if the loan is prepaid before March 16, 2027.

About Torq Resources Inc.

Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile. The company is establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainable practices. The company was built by a management team with prior success in monetizing exploration assets, and its specialized technical team is recognized for its extensive experience working with major mining companies, supported by robust safety standards and technical proficiency. The technical team includes Chile-based geologists with invaluable local expertise and a noteworthy record for major discovery in the country. Torq is committed to operating at the highest standards of applicable environmental, social and governance practices in the pursuit of a landmark discovery.