Mr. Errol Farr reports

LOYALIST EXPLORATION ANNOUNCES EXERCISE OF GOLD RUSH OPTION AGREEMENT

Loyalist Exploration Ltd. has exercised the option to acquire a 100-per-cent interest in the Gold Rush property, located approximately 30 kilometres west of Timmins, Ont., from a prospector. The property is composed of 41 contiguous mineral claims and is located within the Timmins gold camp.

The option agreement -- amendment

The company acquired the property pursuant to an option agreement dated March 31, 2025, as amended on Oct. 9, 2025, and April 7, 2026. Pursuant to the option agreement, the company paid to the optionor an aggregate of eight million common shares in the capital of the company and $50,000 in cash. Completion of the exercise of the option is subject to the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.

About Loyalist Exploration Ltd.

Loyalist is a mineral exploration company concentrating on acquiring, exploring and developing quality mineral properties in Canada. The company is currently focused on its buy Timmins strategy, with the recent acquisitions of the Tully gold property, the Loveland nickel/copper/gold property, the Gold Rush gold/silver property and the DeSantis gold property, all located in the Timmins, Ont., mining district.

We seek Safe Harbor.