Mr. Tyler Friesen reports

ACQUISITION OF COMMON SHARES OF GROSVENOR RESOURCE CORP.

This news release is issued by Ian Rozier, pursuant to the early warning requirements of National Instrument 62-104 and National Instrument 62-103 with respect to common shares of Grosvenor Resource Corp.

On Jan. 16, 2026, Mr. Rozier acquired 6.5 million units of Grosvenor by way of a non-brokered private placement. Each unit consists of one common share and one common share purchase warrant exercisable at five cents per warrant, for a five-year term.

Immediately prior to the acquisition, Mr. Rozier had beneficial ownership and control over 9,895,712 shares of Grosvenor (36.79 per cent).

Following the acquisition, Mr. Rozier has ownership and control over 16,395,712 shares (49.09 per cent).

Mr. Rozier acquired the shares for investment purposes and may acquire or dispose of further shares in the future.

A copy of the early warning report dated Jan. 16, 2026, will be available on SEDAR+ under Grosvenor's profile. Copies of the report will also be available by written request to Grosvenor at Suite 202, 2168 Marine Dr., West Vancouver, B.C., V7V 1K3. For additional information, contact Tyler Friesen, director and chief financial officer, at 604-685-6851.