Mr. Stephen Stares reports

VINLAND CLOSES FLOW-THROUGH FINANCING

Further to Vinland Lithium Inc.'s July 30, 2026, Aug. 31, 2026, Sept. 17, 2026, and Sept. 25, 2026, news releases, the company has closed a second and final tranche of its previously announced 48-cent unit (FT unit) flow-through private placement financing for aggregate gross proceeds of $90,800.

In this second tranche close, the company has issued 189,167 48-cent FT units, each FT unit consisting of one flow-through common share and one non-flow-through common share purchase warrant, each warrant entitling the holder to purchase one additional non-flow-through common share of the company at an exercise price of 70 cents per common share for a period of 24 months from the date of issue.

In the first and second tranche closings the company has issued a combined total of 479,417 FT units for aggregate gross proceeds of $230,120.

In connection with the second tranche closing, the company has paid cash finders' fees totalling $5,448 to Jean-Pierre Colin and Raymond James, and has issued 6,250 non-transferable broker warrants, such warrants being exercisable at 70 cents for two years to Raymond James Ltd.

All securities issued pursuant to the private placement will be subject to a four-month hold period. The private placement is subject to approval by the TSX Venture Exchange.

The FT shares entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

The proceeds raised from the FT units will be used to advance the lithium, cesium and tungsten potential of the company's Killick project, and the company will ensure that such Canadian exploration expenses qualify as a flow-through mining expenditure for purposes of the Income Tax Act (Canada), related to the exploration of the company's exploration projects.

The financing remains subject to final exchange approval.

We seek Safe Harbor.