Napoleon Resources Inc.'s initial public offering (IPO) prospectus dated May 20, 2026, has been filed with and accepted by the TSX Venture Exchange, and receipted on May 20, 2026, by the British Columbia Securities Commission, Ontario Securities Commission and Alberta Securities Commission, pursuant to the provisions of the applicable securities acts. The common shares of the company will be listed and admitted to trading on the TSX Venture Exchange on the effective date stated below.

The company is classified as a gold and silver ore mining company (NAICS No. 212220).

Gross proceeds:  $500,000

Offering:  five million common shares

Offering price:  10 cents per common share

Overallotment option:  an option granted to the agent to arrange for the sale of up to an additional 750,000 common shares at a price of 10 cents per share, exercisable in whole or in part at the sole discretion of the agent for a period of 30 days following the closing date

Agent:  Research Capital Corp.

Agent's fee:  a cash commission equal to 8.0 per cent (3.0 per cent from the president's list) and a corporate finance fee of $25,000 plus applicable taxes and 100,000 common shares issued at the offering price

Agent's warrants:  non-transferable broker warrants to purchase a number of common shares equal to 8.0 per cent (3.0 per cent from the president's list) of the number of units sold pursuant to the offering at an exercise price of 10 cents per share for a period of 24 months following the closing date

Listing date:  at the close of business (5:01 p.m. EST) on Wednesday, June 17, 2026

Commencement date:  The common shares will commence trading on the TSX Venture Exchange at the market opening on Thursday, June 18, 2026, upon confirmation of closing.

The closing of the IPO is scheduled to occur before the market opening on Thursday, June 18, 2026. It is expected that the gross proceeds of the closing will be $575,00 for a total of 5.75 million listed shares, including the exercise of the overallotment option. A further notice will be issued upon receipt of closing confirmation.

Corporate jurisdiction:  province of British Columbia

Capitalization:  unlimited common shares with no par value, of which 15.7 million common shares will be issued and outstanding at closing (assuming exercise of the overallotment option)

Escrowed securities:  1.35 million common shares and 400,000 warrants (of which 10 per cent are released at closing)

Transfer agent:  Odyssey Trust Company (Toronto, Calgary, Vancouver)

Trading symbol:  NAP

Cusip No.:  63071M 10 3

For further information, please refer to the company's prospectus dated May 20, 2026.