Mr. Mark Haywood reports

EDM COMMENCES TRADING ON OTCQB VENTURE MARKET UNDER SYMBOL EDMFF

EDM Resources Inc. has commenced trading of its common shares on the OTCQB Venture Market in the United States under the symbol EDMFF.

The president and chief executive officer, Mark Haywood, stated: "The commencement of trading on the OTCQB Venture Market represents an important milestone for EDM as we continue advancing the Scotia mine toward production. Expanding access to U.S. investors is expected to enhance liquidity, increase market visibility and strengthen the company's capital markets platform as we advance permitting, technical studies and exploration activities."

OTCQB Venture Market

The OTCQB Venture Market is a United States trading platform operated by OTC Markets Group, and is designed for entrepreneurial and development-stage companies that are current in their reporting and meet ongoing financial and corporate governance standards.

Advantages of an OTCQB listing

The OTCQB quotation is expected to provide several strategic benefits to EDM as the company advances the Scotia mine toward commercial production:

• Enhanced U.S. investor access: enables U.S.-based retail and institutional investors to more easily trade EDM shares in U.S. dollars through established U.S. brokerage platforms;
• Expanded market visibility: increases EDM's exposure within the U.S. mining and natural resources investment community, including institutional investors, analysts, brokers and capital markets participants;
• Improved trading liquidity: supports broader cross-border trading participation and improved market accessibility alongside EDM's existing TSX Venture Exchange and Frankfurt exchange listings;
• Electronic clearing and settlement: EDM's common shares are expected to be eligible for electronic clearing and settlement through The Depository Trust Company (DTC) within the month, which will facilitate more efficient trading and settlement within the United States;
• Strengthened capital markets platform: establishes an expanded North American market presence as the company advances permitting, technical studies, exploration activities and development milestones at the Scotia mine;
• Enhanced corporate accessibility: provides U.S. investors with easier access to the company's public disclosures, news releases, financial reporting and market information through the OTC Markets platform.

OTC Markets Group announced EDM's approval for trading on the OTCQB Venture Market on June 1, 2026.

About EDM Resources Inc.

EDM is a Canadian exploration and mining company that has a 100-per-cent interest in the Scotia mine and related facilities near Halifax, N.S. Through its wholly owned subsidiary, EDM also holds several prospective exploration licences near its Scotia mine and in the surrounding regions of Nova Scotia.

The company's common shares are traded on the TSX Venture Exchange under the symbol EDM, the Frankfurt exchange under the symbol P3Z and the OTCQB Venture Market under the symbol EDMFF.

We seek Safe Harbor.