Mr. Stephen Stares reports

VINLAND LITHIUM INC EXTENDS FINANCING TO SEPTEMBER 30

Further to Vinland Lithium Inc.'s June 30, 2026, press release, the company has extended the closing date of its 48-cent private placement financing to Sept. 30, 2026.

The extension provides the company with additional time to secure final subscription documents.

All other terms of the financing remain unchanged. Closing of the financing remains subject to receipt of final approval of the TSX Venture Exchange.

About Killick lithium project

Vinland Lithium is a mineral exploration company listed on the TSX Venture Exchange under the symbol VLD. Vinalnd holds 100-per-cent interest in the Killick lithium project in southwestern Newfoundland and subject only to a 2-per-cent net smelter return (1 per cent each to Benton Resources and Pirate Gold).

Vinland is focused on advancing the recently discovered Killick lithium project which covers 30 kilometres of highly prospective geological terrane in proximity to the Baie d'Est fault. The project boasts multiple spodumene-pegmatites within the Kraken pegmatite field and high-grade cesium-tantalum-lithium hosted in the Hydra pegmatite. Further potential for discovery is excellent given the extensive number of untested geochemical and geophysical targets present.

All initial drilling phases at the Killick lithium project to date have returned impressive results from multiple pegmatites including: 8.4 metres of 0.95 per cent Li2O (lithium oxide) in GH-22-01 at the Kraken Dyke, 16.2 m of 0.43 per cent Li2O in GH-22-05 at the Kraken North Dyke, 20.82 m of 0.60 per cent Li2O including 5.5 m of 1.16 per cent Li2O in GH-22-15, and 8.37 m of 0.91 per cent Li2O in GH-22-08 at the East Dyke, and 15.23 m of 1.04 per cent Li2O in GH-22-27 and 13.37 m of 1.22 per cent Li2O in GH-22-45 at the Killick Dyke. At the Hydra Cesium Dyke, initial channel sample results to 8.75 per cent Cs2O, 0.41 per cent Li2O, 0.025 per cent Ta2O5 and 0.33 per cent Rb2O over 1.2 metres including 13.57 per cent Cs20 and 0.32 per cent Li20 over 0.4 m.

QA/QC (quality assurance/quality control) protocols

Rock and core samples from 2022 to 2025 were submitted to SGS Canada Inc. in Grand Falls-Windsor, Nfld., for preparation and then sent to the SGS Canada Inc. analytical laboratory in Burnaby, B.C., for analysis. All samples were acquired by hand (rocks) or saw-cut (channels/drill core) and delivered, by Vinland personnel, in sealed bags, to the Grand Falls-Windsor prep lab of SGS, which is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using SGS's GS_IMS91A50 method that delivers a 56-element package utilizing sodium peroxide fusion, ICP-AES, and ICP-MS analytical techniques. All reported assays are uncut. Soil samples were collected by Vinland personnel utilizing a standard Dutch-auger, collecting B Horizon soil, where possible. Where B was not present, the soil horizon or type was noted. Soil samples were sent to Eastern Analytical Ltd., in Springdale, Nfld., for Li, Ta, Sn and Nb analyses by four-acid digestion, analyzed by ICP-OES. Some historic rock samples were analyzed using Eastern's Au (fire assay) at 30 g plus ICP-34 method that delivers a 34-element package utilizing a 200-milligram subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Eastern Analytical Ltd. achieved ISO 17025 accreditation in February, 2014 (for more details on the scope of accreditation visit the CALA website). Till samples were collected by Vinland personnel utilizing conventional shovel dug holes and screened to negative 10 millimetres in the field. Samples were shipped to Overburden Drilling Management (ODM) in Nepean, Ont., for analysis using their standard lithium indicator mineral package. Grab samples are selective in nature and may not represent the average mineralization of a bedrock exposure.

QP

Barry Sparkes, PGeo, vice-president of exploration for Vinland Lithium, the qualified person under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

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