Mr. Chris Huggins reports

AURIC MINERALS CORP. ANNOUNCES COMPLETION OF DEBT SETTLEMENT

Further to the news release of April 2, 2026, Auric Minerals Corp. has issued an aggregate of 1,028,570 common shares at a deemed price of 28 cents per share to settle debts owing pursuant to past consulting and legal services provided to the company for a total amount of $288,000 (excluding goods and services tax).

The shares issued in connection with the debt settlements are subject to a statutory hold period of four months following the closing of the debt settlements in accordance with applicable securities legislation.

Chris Huggins, chief executive officer and a director of the company, participated in the debt settlement for 53,571 shares. As a result, the debt settlement is considered a related-party transaction (as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company relied upon Section 5.5(b), being the issuer not listed on specified markets exemption, and Section 5.7(b), being the fair market value not more than $2.5-million exemption, from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101.

About Auric Minerals Corp.

Auric is a mineral exploration company based in Oakville, Ont., and holds options over a growing property position of highly prospective uranium properties in Labrador's Central mineral belt, Quebec; and a gold property, Goodeye, in British Columbia, Canada.

Auric is a mineral exploration company engaged in the identification, acquisition, exploration and development of mineral projects. The company holds a 100-per-cent interest in mineral properties covering over 26,500 hectares across multiple mineralized corridors in the English Lake project, Otter Lake project and Kan project in the Central mineral belt of Labrador, Canada. The company also holds the exclusive option to acquire a 100-per-cent interest in the Goodeye property, located southwest of the town of Rossland, B.C., Canada, consisting of three contiguous mineral claims covering approximately 1,907 hectares located in the Trail Creek mining division of British Columbia.

We seek Safe Harbor.