Mr. Radovan Danilovsky reports

MCLAREN RESOURCES COMPLETES FINANCING

McLaren Resources Inc. has completed the final closing of a non-brokered private placement financing. McLaren has raised gross total proceeds of $662,500. The company has issued an additional 1.6 million common share units in addition to the 11.65 million units previously reported on March 5, 2026. The common share units are issued at a price of five cents per unit, with each unit consisting of one common share in the capital of McLaren and one common share purchase warrant exercisable at a price of 10 cents per common share for a period of 24 months from the date of issuance.

In connection with the final closing of the financing, McLaren paid $5,600 in finders' fees to Ventum Financial Inc. and $800 to Stephen Avenue Securities Inc.

Gross proceeds from the financing will be used by McLaren for general working capital purposes, including exploration work on the company's properties, which are located in the Timmins gold region of Northeastern Ontario, Canada.

About McLaren Resources Inc.

McLaren is focused on exploration work on its gold properties in the Timmins gold region of Northeastern Ontario. McLaren owns a 100-per-cent interest in the past-producing 640-hectare Blue Quartz gold mine property, plus the 1,770-hectare McCool gold property and the 775-hectare Kerrs gold property, which are located approximately 80 kilometres east of Timmins city centre. The properties are proximal to the Destor-Porcupine deformation zone, which is host to many of the gold deposits within the Abitibi greenstone belt.

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