Mr. Saf Dhillon reports

BAYRIDGE RESOURCES ANNOUNCES FIRST TRANCHE CLOSING OF NON-BROKERED PRIVATE PLACEMENT AND CONCURRENT FT PRIVATE PLACEMENT

Further to its news release dated June 1, 2026, Bayridge Resources Corp. has closed the first tranche of its non-brokered private placement, issuing 1.2 million units at a price of 20 cents per unit for gross proceeds of $240,000.

Each unit comprises one common share and one-half of one common share purchase warrant, with each warrant exercisable for one additional common share at a price of 30 cents per warrant share for a period of 24 months from the date of issuance.

Proceeds from the sale of the units are intended to be used for general working capital purposes, including to finance exploration work on the company's Baker Lake uranium project and Waterbury East project, as well as the evaluation of additional mineral property opportunities.

Concurrent non-brokered flow-though private placement

The Company is also pleased to announce that it has closed the first tranche of its concurrent non-brokered private placement issuing 2,076,667 flow-through units at a price of 22.5 cents per flow-through unit for aggregate gross proceeds of $467,250.08.

Each flow-through unit comprises one common share issued on a flow-through basis under the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each flow-through warrant exercisable for one additional common share at a price of 30 cents per flow-through warrant share for a period of 24 months from the date of issuance.

Proceeds from the sale of the flow-through units are intended to be used to incur Canadian exploration expenses as defined in the Income Tax Act (Canada).

In connection with the offering and the concurrent offering, the company paid an aggregate of $37,677.50 in cash finders' fees and issued 174,415 finder warrants to certain arm's-length parties that assisted in introducing subscribers to the Offering and the concurrent offering.

All securities issued under the offering and the concurrent offering will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange.

Completion of the offering and concurrent offering are subject to certain conditions, including the receipt of all necessary approvals, including the approval of the CSE.

Officer change

The company announces that Gurleen Kaur is no longer serving as chief financial officer and corporate secretary of the company. The company would like to thank Ms. Kaur for her services and contributions to the company and wishes her all the best in her future endeavours.

In connection with the departure of Ms. Kaur, the company also announces that Gurcharn Deol has also been appointed as interim chief financial officer and corporate secretary of the company.

About Bayridge Resources Corp.

Bayridge Resources is a green energy exploration company advancing a portfolio of Canadian uranium projects.

The company's 51-per-cent-owned Baker Lake uranium project comprises 83 contiguous claims covering approximately 619 square kilometres in the Kivalliq region of Nunavut. Exploration has defined a 75-kilometre unconformity corridor hosting multiple uranium targets, supported by historical drilling and modern airborne geophysical surveys.

Bayridge has also earned a 40-per-cent interest in the Waterbury East project, located approximately 25 kilometres northeast of the Cigar Lake mine in the northeastern Athabasca basin. Geophysical surveys have identified a seven-kilometre conductivity corridor, where historical drilling from the mid-2000s intersected faulted and altered basement rocks with localized uranium enrichment. Significant portions of this corridor remain untested.

We seek Safe Harbor.