Mr. Paul Parisotto reports

MOON RIVER MOLY LTD. ANNOUNCES FILING OF TECHNICAL REPORT FOR THE DAVIDSON MINE PRELIMINARY ECONOMIC ASSESSMENT

Moon River Moly Ltd. has filed an independent technical report entitled "the National Instrument 43-101 technical report for the Davidson mine preliminary economic assessment" dated Feb. 6, 2026, with an effective date of Dec. 23, 2025.

The Davidson mine technical report is available under the company's profile on SEDAR+ and on the company's website.

There are no material differences in the Davidson mine technical report from the disclosure in the company's news release dated Dec. 23, 2025. The report is dated Feb. 6, 2026, with an effective date of Dec. 23, 2025.

The report was prepared by A-Z Mining Professionals Ltd.

Qualified person(s)

The scientific and technical content of this news release was reviewed, verified and approved by Brian LeBlanc, PEng, president of AMPL, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. LeBlanc is the QP responsible for the scientific and technical information contained in this press release.

About Moon River Moly Ltd.

Moon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. Moon River is focused on the development of the Davidson property, which hosts a large molybdenum-tungsten deposit and is located near Smithers, B.C. The company also holds 25 per cent of one of the largest molybdenum mines in North America, the Endako mine complex, also located in British Columbia.

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