Mr. Shashank Bhatt reports

ICONIC GOLD ENTERS INTO OPTION AND EXPLORATION AGREEMENT FOR THE GINETTE PROJECT

International Iconic Gold Exploration Corp. has entered into an arm's-length option and exploration agreement dated March 30, 2026, to acquire a 100-per-cent interest in the Ginette mining property, with various holders, including Samco SA, pursuant to which the company has been granted the exclusive right to explore, and an option to acquire a 100-per-cent interest in, the property, which is located in the province of Santa Cruz, Argentina.

A strategic addition to the Iconic Gold portfolio

Entry into of the agreement reflects Iconic Gold's revived strategic focus on high-quality precious metal assets in proven mining jurisdictions. Following a period of limited activity, the company is focused on advancing the company's portfolio of precious metal assets in a disciplined manner, with the objective of improving market recognition of underlying asset value and positioning the company for future capital raising initiatives. It intends to allocate approximately 10 per cent of its long-term exploration budget, including 5 per cent of the gross proceeds from its financing (defined below) to the advancement of Ginette, subject to the availability of capital and continuing technical evaluation.

The addition of Ginette forms part of the company's broader strategy to maintain a diversified portfolio of gold and silver exploration properties. In addition to Ginette, the company holds a portfolio of four exploration-stage assets and intends to advance these properties through staged exploration programs designed to evaluate their potential while managing capital prudently.

Exploration and option agreement

Under the terms of the agreement, Iconic Gold has been granted the right to explore the property at its own cost and risk for a term of three years from the date of the agreement, upon issuing the optionors an aggregate of 3.95 million common shares of the company at a deemed price of 15 cents per share -- for a total deemed value of $592,500. The consideration shares will be subject to the following staged release conditions: 50 per cent subject to a four-month-and-one-day hold period, 25 per cent subject to a six-month hold period and the remaining 25 per cent subject to an eight-month hold period.

The agreement also grants the company an option to acquire 100 per cent of the mining rights respecting the property from the optionors upon payment of $1-million (U.S.) in cash to Samco within the first three years of the effective date of the agreement, which payments must be made as follows: $5,000 (U.S.) within 12 months; $5,000 (U.S.) within 24 months; and $990,000 (U.S.) within 36 months from the effective date of the agreement. If the purchase option is exercised, the optionors will retain a 1-per-cent net smelter royalty on the sale value of all minerals produced and products obtained from the mining and processing of minerals from the property, for the life of the deposit, subject to the company's right to acquire 100 per cent of the NSR at any time within the first two years of commercial production for $1-million (U.S.). The agreement is subject to all required regulatory approvals, including acceptance by the TSX Venture Exchange. The consideration shares are to be issued within five business days of the exchange acceptance date. The company confirms that the agreement does not constitute a fundamental acquisition as defined in TSX Venture Exchange Policy 5.

Shashank Bhatt, president and chief executive officer of Iconic Gold, commented as follows: "The option of the Ginette project provides the company with an additional exploration-stage asset in Argentina, which we hope will reinvigorate interest in Iconic Gold after a period of relative dormancy

"The company's intention with this transaction is to complement its existing portfolio of exploration properties without taking away the focus from its flagship assets. On the back of this acquisition, the company intends to raise a small amount of capital and allocate such capital across its various exploration assets, focusing on San Roque, while continuing to seek further strategic opportunities."

Financing

The company also announces its intention to carry out a non-brokered private placement offering of 666,667 units at 15 cents per unit for gross proceeds of $100,000. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant, each warrant to be exercisable at 15 cents for a period of 36 months following the closing of the financing. The company intends to use the proceeds from the financing as follows: $5,000 toward exploration at Ginette; $6,300 toward exchange filing fees; $50,000 toward accrued general and administrate expenses; and $38,700 toward exploration at the company's San Roque, Fontana, Ortiquita and Lago Fontana projects.

About International Iconic Gold Exploration Corp.

International Iconic is a Canadian precious metal exploration company focused on the acquisition, exploration and development of gold and silver assets. The company is managed by an experienced team of mining and capital market professionals committed to creating shareholder value through disciplined asset selection, responsible exploration and transparent corporate governance.

We seek Safe Harbor.