Mr. Matti Talikka reports

KINROSS TERMINATES OPTION AGREEMENT FOR LAUNI EAST PROPERTY

Aurion Resources Ltd. has received notice from Kinross Gold Corp.'s Finnish subsidiary, KG Exploration Finland Oy, that Kinross has terminated its option to acquire a 70-per-cent interest in Aurion's Launi East property. As a result, Aurion retains its 100-per-cent interest in Launi. Kinross has held the option since Aug. 21, 2023, and has incurred total exploration expenditures of more than $2-million (U.S.) on the property. Kinross is obligated to provide Aurion with all the technical data resulting from Kinross's work within 45 days of the termination.

About Aurion Resources Ltd.

Aurion is a Canadian exploration company listed on the TSX Venture Exchange and the OTCQX Best Market. Aurion's strategy is to generate or acquire early-stage precious metals exploration opportunities and advance them through direct exploration by the company's experienced team or by business partnerships and joint venture arrangements. Aurion's current focus is the holding of a special meeting of the holders of common shares of Aurion and holders of warrants of Aurion to consider and vote on a special resolution approving the arrangement involving Aurion and Agnico Eagle Mines Ltd. to be implemented pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia) (see Aurion's news releases dated April 20, 2026, and May 8, 2026). The special meeting will be held in a virtual-only format on Friday, June 5, 2026, at 12:30 p.m. Toronto time. Aurion continues to explore its Risti project, and to advance its joint venture properties with Agnico Eagle Mines Ltd. and KoBold Metals Company in Finland.