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Calgary, Alberta (March 27, 2026) – TheNewswire - Aurwest Resources Corporation (“ Aurwest ” or the “ Company ”) ( CSE: AWR ) is pleased to announce that it plans to complete a non-brokered private placement (the “ Private Placement ”) to raise up to C$300,000 through the issuance of up to 3,333,333 flow-through shares (‘ FT Shares ”) at a price of $0.03 per FT Share and up to 8,000,000 Conventional Units (“Conventional Units ”) at a price of $0.025 per Conventional Unit (the “ Offering ”).

Closing of the Offering is subject to the Company receiving all customary approvals including those from the Canadian Securities Exchange (“ CSE ”). All securities sold under the Offering will be subject to a four month and one day hold period.

Each FT Share will consist of one flow-through common share issued at a price of $0.03 per common share for aggregate proceeds of approximately $100,000.

Each Conventional Unit will consist of one common share (“ Common Share ”) and one common share purchase warrant (each, a “ Warrant ”) for aggregate proceeds of up to approximately $200,000. Each Warrant will entitle the subscriber to purchase one additional Common Share at a price of $0.05 per Common Share for a period of 24 months from the date of issuance. The Company has the right to force conversion of the Warrants, if at any time from and after the date of issuance, the daily volume-weighted average trading price of the Company’s common shares on the CSE, equals or exceeds $0.10 for twenty (20) consecutive trading days.

The proceeds of the Private Placement will be used primarily to fund Aurwest’s continuing exploration program at Weaver Lake Option and other Canadian exploration expenditures of the Company and for general corporate purposes. Closing of the Private Placement is expected to occur on or about the week of April 8, 2026.

The Offering will take place by way of: (i) a private placement pursuant to National Instrument 45-106 – Prospectus Exemptions to qualified investors in all the provinces of Canada, except Québec; and (ii) otherwise in those jurisdictions where the Offering can lawfully be made including the United States and other international jurisdictions under applicable private placement exemptions. Such sales to investors outside of Canada will be subject to applicable securities laws and restrictions on securities purchased.

The Company reserves the right to pay a fee in cash, to eligible finders pursuant to the Offering, in the amount of an 7% cash commission (paid on the aggregate amount of a completed subscription).

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, (the “ U.S. Securities Act ”) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.  This news release does not constitute an offer to sell or the solicitation of any offer to buy securities in the United States, nor in any other jurisdiction.

On Behalf Of Aurwest resources Corporation

“Cameron MacDonald”

Interim President and Chief Executive Officer

For Additional Information Please Contact       

Cameron MacDonald

Telephone: (403) 585-9875

Email:           cmacdonald@aurwestresources.com  

Website: www.aurwestresources.com  

About Aurwest Resources Corporation

Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada.

Forward-Looking Information

Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation: the Offering and closing of the same, use of proceeds from the Offering, certain regulatory and CSE approvals for the Offering, and certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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