Mr. Peter Berdusco reports

PURECORE ANNOUNCES CLOSING OF $1.5 MILLION NON-BROKERED PRIVATE PLACEMENT

Purecore Metals Inc. has closed its previously announced non-brokered private placement offering by issuing 1.5 million units at a price of $1 per unit for aggregate gross proceeds of $1.5-million.

Each unit comprises one common share of the company and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $2 per warrant share for a period of three years from the closing of the offering, subject to the following acceleration provisions.

If, over a period of 10 consecutive trading days between: (i) the date that is four months and one day following the closing of the offering; and (ii) the date of expiry of the warrants, the closing price of the common shares is equal to or greater than $2.50 for each of those 10 consecutive days, the company may, at any time, give written notice, by way of issuing a news release, that the warrants will expire on the earlier of the date of expiry of the warrants and 5 p.m. Vancouver time on the 30th day following the giving of such notice unless exercised by the holders prior to such date, and thereafter any warrants that remain unexercised as of such date will expire.

In connection with the offering, the company paid cash finders' fees in the amount of $19,950 and issued an aggregate of 19,950 non-transferable finders' warrants, exercisable on the same terms as the warrants, to eligible finders.

The proceeds raised from the offering are expected to be used for the identification, evaluation and acquisition of additional mineral properties, working capital, and general corporate purposes, including marketing.

All securities issued under the offering are subject to a four-month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange.

Issuance of stock options

The company also announces that it has granted an aggregate of 820,000 stock options to certain consultants and advisers of the company pursuant to the company's 2026 omnibus equity incentive compensation plan. The options are exercisable to acquire one common share of the company at a price of $1.50 per share. The options vest immediately upon grant and will expire three years from the date of grant.

About Purecore Metals Inc.

Purecore Metals is a mineral exploration company listed on the Canadian Securities Exchange and the Frankfurt Stock Exchange. The company is focused on advancing the materials that power modern energy systems and emerging technologies. The company is building a critical minerals portfolio aligned with long-term trends across the energy, technology and defence sectors, with a strategy centred on high-impact opportunities and disciplined execution.

We seek Safe Harbor.