File: '\\swfile\EmailIn\20260116 132246 Attachment GVR I Rozier NR Jan 2026.docx'

LEGAL_30949736.1

Acquisition of Common Shares of Grosvenor Resource Corp.

West Vancouver, BC - January 16, 2026. This news release is issued by Ian Rozier ("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. ("GVR").

On January 16, 2026, Rozier acquired 6,500,000 units (the "Units") of GVR by way of a non-brokered private placement. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.05 per warrant, for a five year term.

Immediately prior to the acquisition, Rozier had beneficial ownership and control over 9,895,712 shares of GVR (36.79%).

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

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 January 16, 2026 will be available on SEDAR under GVR's profile. Copies of the report will also be available by written request to GVR at 202-2168 Marine Drive West Vancouver B.C.V7V 1K3. For additional information contact Tyler Friesen, Director & CFO, at 604-685-6851.