Mr. Dino Cremonese reports

PRIVATE PLACEMENT

Luxor Metals Ltd. intends to complete a non-brokered private placement consisting of the issuance of up to five million units at a price of 11 cents per unit for gross proceeds of up to $550,000. Each unit will consist of one common share and one warrant; each warrant entitles the subscriber to purchase one common share exercisable at 18 cents, valid for two years from the closing of the private placement.

The private placement is subject to regulatory approval, including, but not limited to, approval of the TSX Venture Exchange, and all securities issued pursuant to the private placement will have a hold period of four months. There are no finders' fees or other commissions associated with the transaction.

The proceeds of the financing will be used mainly for exploration of its mineral properties in the Golden Triangle area of northwestern British Columbia and for general corporate purposes.

The company will not be proceeding with its private placement of units which was announced in a news release dated Sept. 21, 2026. No securities were issued under this previously announced offering.

About Luxor Metals Ltd.

Luxor holds title to 20,481 hectares of mineral claims known as the Luxor project, situated in northwestern British Columbia in the southern portion of the Golden Triangle. It received $300,000 in cash and 3,076,923 shares of Tudor Gold Corp. from Teuton Resources Corp. pursuant to a spinout plan of arrangement, which closed on May 16, 2025.

We seek Safe Harbor.