Mr. Corbin Stewart reports

BRONCO ANNOUNCES CLOSING OF FIRST TRANCHE OF FINANCING

Further to the press releases of Dec. 23, 2025, and Dec. 29, 2025, Bronco Resources Corp. has completed the first tranche of its financing through the issuance of 3,636,365 flow-through units at a price of 5.5 cents per FT unit for aggregate gross proceeds of $200,000.

Each FT unit consists of one common share that qualifies as a flow-through share within the meaning of the Income Tax Act (Canada) and one-half of one non-transferable common share purchase warrant with each warrant exercisable at a price of 10 cents per share until Dec. 31, 2027.

In connection with the first tranche closing, the company has paid an aggregate $4,000 in cash and issued 72,727 non-transferable finders' warrants to arm's-length finders. Each finder's warrant entitles the holder to acquire one additional common share in the capital of the company at a price of 10 cents until Dec. 31, 2027.

All securities issued pursuant to the first tranche closing are subject to a statutory four-month-and-one-day hold period until May 1, 2026.

The FT proceeds will be used by the company to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures to advance the company's Placer Mountain gold project in British Columbia. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares, effective Dec. 31, 2025.

The company anticipates closing the final tranche of the previously announced two million units to be issued on a non-flow-through basis at a price of five cents for gross proceeds of up to $100,000 in early January, 2026.

An insider of the company participated in the first tranche closing for an aggregate amount of 90,909 FT units. Such participation is considered a related-party transaction under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). In completing such transaction, the company relied on exemptions from the formal valuation and minority shareholders approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the insiders' participation in the offering did not exceed 25 per cent of the fair market value of the company.

About Bronco Resources Corp.

Bronco is a TSX Venture Exchange-listed Canadian public company with a board of directors seasoned in the mineral exploration industry and having extensive and successful international experience with a focus on identifying, acquiring and advancing prospective and underexplored gold properties worldwide.

We seek Safe Harbor.