Dr. Keith Barron reports

AURANIA DIRECTORS RECEIVE STOCK OPTIONS IN LIEU OF FEES

Certain of Aurania Resources Ltd.'s directors have agreed to receive their quarterly director fees in the form of stock options in lieu of cash for the first quarter of 2026. In addition, the company wishes to grant the directors additional stock options due to the expiration of out-of-the-money stock options previously granted to the directors in lieu of cash for director fees.

An aggregate of 203,000 stock options were granted to directors on March 31, 2026, having an exercise price of 20.5 cents. All such stock options will be exercisable for a period of three years from the date of grant and vested immediately upon grant. In the event a director intends to exercise such stock options, such director shall be solely responsible for paying the entirety of the exercise price.

Aurania also granted 40,000 stock options to a consultant of the company on March 31, 2026, at an exercise price of 20.5 cents. These options are exercisable for a period of one year from the date of grant and vested immediately upon grant.

The company also announces that the company and Dr. Keith Barron, chief executive officer of the company, have agreed to an amendment to a previously issued loan from Dr. Barron to the company in the amount of up to $2,094,500 (U.S.) originally announced on April 30, 2025, pursuant to which the term of the loan has been amended such that the loan matures 12 months and one day after repayment notice is given by Dr. Barron to the company.

About Aurania Resources Ltd.

Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and critical energy in Europe and abroad.