Mr. Paul Jones reports

NUINSCO CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT

Nuinsco Resources Ltd. has issued an additional 151.82 million common shares at a subscription price of 0.5 cent per share for aggregate proceeds of $759,100 as the final tranche of its oversubscribed private placement announced Nov. 7, 2025.

In connection with the final tranche of the offering, an agent received aggregate cash fees of $7,000 plus non-transferable broker warrants entitling the holder to acquire 1.4 million common shares in the aggregate. Each broker warrant is exercisable to acquire one common share of the company at a price of 0.5 cent per share until Aug. 6, 2027.

All securities issued pursuant to the final tranche and the offering, including the broker warrants, are subject to a four-month-plus-one-day statutory hold period following their issuance pursuant to applicable securities laws.

Previously, the company closed on 73.18 million common shares for proceeds of $365,900, as announced on Jan. 8, 2026.

Proceeds from the offering will be used to advance the company's Prairie Lake critical metals project, located near Terrace Bay, Ont.

One hundred one million eight hundred twenty thousand shares issued as part of the final tranche qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and 50 million shares in the final tranche are not flow-through shares.

About Nuinsco Resources Ltd.

Nuinsco Resources has over 50 years of exploration success and is a growth-oriented, multicommodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. Currently, the company has the large multicommodity (phosphate, rare earth elements, niobium, tantalum) Prairie Lake project near Marathon-Terrace Bay, the Zig Zag Lake property (lithium, tantalum) near Armstrong optioned to First Class Metals PLC, and the el Sid near-term gold project in Egypt, and retains a net smelter return (NSR) royalty on the Sunbeam gold property near Atikokan.

We seek Safe Harbor.