Mr. David Jellins reports

CRYPTOSTAR CORP. ANNOUNCES EXTENSION OF PRIVATE PLACEMENT OFFERING

In connection with a previously announced non-brokered private placement, Cryptostar Corp. has applied to the TSX Venture Exchange to extend the closing date of the offering to Feb. 13, 2026, or such earlier date as the company may determine, to complete subscriptions.

The offering consists of a combination of: (i) units of the company at a price of 1.5 cents per unit; and (ii) common shares in the capital of the company at a price of 1.5 cents per share, as more particularly described below for gross proceeds of up to $2.25-million. Each unit will consist of one share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one share for a period of 60 months from the date of the issue of the warrants at an exercise price of five cents per warrant share.

As previously disclosed, ACN 117 402 838 Pty. Ltd., a company in which David Jellins (president and chief executive officer and a director of the company) and Amelia Jones (chief commercial officer and a director of the company) each hold a 50-per-cent interest, plans to subscribe for up to 102,624,235 shares under the offering. As such, the offering constitutes a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the shares subscribed for by insiders, nor the consideration for the shares paid by such insiders would exceed 25 per cent of the company's market capitalization.

The offering is subject to TSX Venture Exchange approval. The securities issued in connection with the offering are subject to a four-month hold period in accordance with applicable securities laws and TSX-V policies.

Cryptostar intends to use the net proceeds from the offering for business operations, expansion of its digital infrastructure and general working capital purposes, including evaluating emerging opportunities in the high performance computing and artificial intelligence data centre sectors. The company continues to explore strategic initiatives aligned with the growing convergence of blockchain technology, HPC and AI-driven compute infrastructure, consistent with its long-term vision of sustainable growth and innovation. The strengthened balance sheet will also provide Cryptostar with greater flexibility to enhance its management and operational capabilities as it pursues future growth opportunities. Cryptostar may pay a finder's fee to eligible parties in connection with the offering, subject to the approval of the TSX-V and compliance with applicable securities laws.

For additional information with respect to this offering, please refer to Cryptostar's news releases dated Oct. 15, 2024, and Nov. 28, 2025, available for viewing on Cryptostar's SEDAR+ profile.

About Cryptostar Corp.

Cryptostar has cryptocurrency mining operations with data centres located in the United States and Canada. Cryptostar is currently dedicated to becoming one of the lowest-cost cryptocurrency producers in North America and a major supplier of GPU and ASIC miners worldwide.

We seek Safe Harbor.