Dr. Michael Gunning reports

VR RESOURCES CLOSES $7.5M PRIVATE PLACEMENT

VR Resources Ltd. has closed a non-brokered, strategic-level private placement of units of the company. A total of 18.75 million units were sold under the offering at a price of 40 cents per unit for aggregate gross proceeds of $7.5-million.

Dr. Michael Gunning, chief executive officer of the company, commented: "We are pleased to have successfully closed this financing and are appreciative of the continued support of our shareholders. We are excited to have this capital in order to immediately start the planning process for a drill program at our New Boston tungsten-moly-copper-silver polymetallic porphyry project in Nevada this fall, with a focus on following up on the recently announced intersection in drill hole NB26-003, and the goal of unlocking further value for shareholders in the near term."

Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at a price of 65 cents for a period of 24 months from the date of closing of the offering.

Proceeds of the offering are intended to be used for follow-up exploration diamond drilling planned for this fall on its New Boston moly-copper-tungsten-silver porphyry project in Nevada, marketing, and general corporate and administrative expenses. In connection with the private placement and pursuant to the terms of an agency agreement dated April 24, 2026, the company paid an aggregate cash fee of $506,000 to Centurion One Capital Corp. in connection which certain subscriptions.

The common shares and warrants issued pursuant to the offering, and any common shares issued upon the exercise of warrants are subject to a hold period of four months plus one day from the closing date.

About VR Resources Ltd.

VR is an established junior exploration company based in Vancouver. VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada, United States, and Ontario, Canada. VR applies modern exploration technologies, in-house experience and expertise in greenfields exploration to large-footprint systems in underexplored areas/districts. The foundation of VR is the proven record of its board in early stage exploration, discovery and M&A (merger and acquisition). VR owns its projects outright and evaluates new opportunities on a continuing basis, whether by staking or acquisition.

We seek Safe Harbor.