Mr. Jeff Poloni reports

AMERICORE ANNOUNCES CLOSING OF FIRST TRANCHE OF LIFE OFFERING

Americore Resources Corp., further to its news releases dated June 15, 2026, and June 29, 2026, has closed the first tranche of its previously announced best efforts private placement of units of the company for aggregate gross proceeds of $1,007,794.90 through the issuance of 2,723,770 units at a price of 37 cents per unit.

Each unit comprises one common share of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of 50 cents per warrant share until July 7, 2029.

The units were offered for sale to purchasers in all provinces of Canada pursuant to the listed issuer financing exemption and were subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions, as amended and supplemented by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, of the Canadian Securities Administrators.

The offering was conducted with Canaccord Genuity Corp., as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents. As consideration for their services in connection with the closing of the first tranche of the offering, the agents received: (i) an aggregate cash commission equal to $62,985.82, representing 7.0 per cent of the gross proceeds of the first tranche of the offering, subject to a reduction to 3.5 per cent of the gross proceeds in respect of units sold to purchasers included on a president's list determined by the company; (ii) an aggregate of 170,232 broker warrants, representing 7.0 per cent of the aggregate number of units issued pursuant to the first tranche of the offering, subject to a reduction to 3.5 per cent in respect of units issued to purchasers on the president's list; and (iii) an aggregate of 54,475 corporate finance warrants, representing 2.0 per cent of the aggregate number of units issued pursuant to the first tranche of the offering. Each broker warrant and corporate finance warrant entitles the holder to purchase one unit at a price equal to the offering price until July 7, 2029. The closing of the first tranche of the offering remains subject to final acceptance of the TSX Venture Exchange.

The net proceeds of the offering will be used for the advancement of the company's Trinity silver project in Nevada, as well as for general working capital and corporate purposes.

We seek Safe Harbor.