Mr. Richard McCloskey reports

MCCHIP ANNOUNCES BOARD AND MANAGEMENT CHANGES

Effective July 24, 2026, Carlo Rigillo has been appointed as chief financial officer and corporate secretary of McChip Resources Inc., and Grant Duthie has been appointed as an independent director of the company.

Mr. Rigillo is an experienced chartered professional accountant, and has over two decades of experience developing risk management frameworks and business processes at the strategic, operational and technical levels within organizations at an international and national level. Mr. Rigillo holds a bachelor of commerce from the University of Toronto and is a chartered professional accountant.

Mr. Duthie is a Toronto-based corporate and securities lawyer, and is currently a partner at the firm Garfinkle Biderman LLP. He has significant experience representing both private and publicly traded companies, underwriters, and dealers in both private and public offerings of debt and equity securities, mergers, and acquisitions. Mr. Duthie received his BCom from the University of Ottawa and his JD from Western University.

To create a vacancy for Mr. Rigillo's and Mr. Duthie's appointments, Ed Dumond has resigned as chief financial officer and corporate secretary, and Gordon McCreary, Douglas Bolton, Anthony Weldon and Timothy Gould have resigned as directors of the company. The company is thankful for the many contributions of Mr. Dumond, Mr. McCreary, Mr. Bolton, Mr. Weldon and Mr. Gould, and wishes them the best in their future endeavours.

The company's management and board of directors now consist of Richard (Bo) McCloskey (chief executive officer and director), Mr. Rigillo (chief financial officer and corporate secretary), Mr. Dumond (director) and Mr. Duthie (director).

We seek Safe Harbor.