Mr. Blaine Monaghan reports

PACIFIC RIDGE UPSIZES PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT TO C$8.2 MILLION

Further to its press release of June 4, 2026, Pacific Ridge Exploration Ltd. has increased the hard-dollar unit portion of its non-brokered private placement by up to $1,084,000 for gross proceeds of up to $8,289,000 due to increased investor interest.

All other terms of the upsized offering remain unchanged -- the upsized offering will consist of up to 10.42 million hard-dollar units at a price of 20 cents per hard-dollar unit for gross proceeds of up to $2,084,000.

The charity flow-through share portion of the upsized offering remains comprising up to 12.5 million charity flow-through shares at a price of 29.4 cents per charity flow-through share for gross proceeds of up to $3,675,000. As well, the flow-through unit portion of the upsized offering remains comprising up to 11 million flow-through units at a price of 23 cents per flow-through unit for gross proceeds of up to $2.53-million.

The upsized offering is expected to close in late June, 2026. Completion of the upsized offering is subject to certain conditions, including receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

The company may, subject to the approval of the TSX-V, pay finders' fees in connection with the upsized offering, which may include the payment of cash and/or issuance of warrants.

About Pacific Ridge Exploration Ltd.

Pacific Ridge, a Fiore Group company, aims to become British Columbia's leading copper exploration company. The Kliyul copper-gold project, located in the prolific Quesnel terrane close to existing infrastructure, is the company's flagship project. In addition to Kliyul, Pacific Ridge's project portfolio includes the RDP, Onjo and Redton copper-gold projects, all located in British Columbia. The company acknowledges that its British Columbia projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation and Tsay Keh Dene Nation.

We seek Safe Harbor.