Mr. R. Dale Ginn reports

LION ROCK CLOSES OPTION AGREEMENT WITH TINTON PARTNERS

Further to Lion Rock Resources Inc.'s news release of Oct. 9, 2024, the TSX Venture Exchange has approved and the company has closed the option agreement dated Oct. 7, 2024, between the company, as optionee, and Tinton Partners and The Tinton Land LLC, as optionors, pursuant to which the optionors have granted to the company the exclusive right and option to acquire an undivided 100-per-cent interest in the Volney property.

The terms of the option agreement are set out in the company's news release dated Oct. 9, 2024. Pursuant to its obligations under the option agreement, the company has issued 7,001,000 common shares of the company to Tinton Partners. The initial consideration shares are subject to a four-month hold period expiring on July 11, 2025.

On March 11, 2025, the company filed a technical report regarding the Volney project which can be found under the company's SEDAR+ profile.

The Volney project comprises 38 private land claims totalling 142 hectares in the Black Hills. The property is located 20 kilometres south of Spearfish, S.D., and approximately 15 kilometres west of Leads. Pegmatites are within a Neoarchean greenstone belt, featuring the Giant Volney pegmatite, historically mined for tin. The property is accessible by road and strategically located with proximity to infrastructure and major mining jurisdiction.

The company also announces that a total of 5.7 million incentive stock options have been granted to directors, officers, consultants and employees of the company pursuant to the company's stock option plan. The options are exercisable for a period of three years at a price of 20 cents per share and shall vest immediately.

About Lion Rock Resources Inc.

Lion Rock has an option to acquire the Volney gold/lithium project, comprising private land claims located 20 kilometres south of Spearfish, S.D. The property features the Giant Volney pegmatite, historically mined for high-grade lithium and tin as well as gold from the adjacent shear zone. The property is accessible by road and strategically located with proximity to infrastructure and a major mining jurisdiction. The company also holds properties prospective for gold, copper and lithium in Ontario and Quebec.

We seek Safe Harbor.