Mr. Michael Taylor reports

SLAM COMMENCES OTCQB TRADING UNDER SYMBOL SXLXF

Slam Exploration Ltd.'s common shares will commence trading on the OTCQB Venture Market at the open of trading on April 1, 2026, under the symbol SXLXF. The listing marks an important milestone for the company and strengthens its platform for growth in 2026. Investors can expect a steady flow of news as the company advances its district-scale Goodwin copper-nickel-cobalt project and plans follow-up drilling on recent gold discoveries at Jake Lee and Menneval in the mineral-rich province of New Brunswick.

"Listing on the OTCQB marks a key milestone for Slam as we expand our market presence and improve accessibility for U.S. investors," said Michael Taylor, president and chief executive officer of Slam. "We believe this broader North American exposure will help grow our shareholder base and enhance the company's profile at this pivotal time. In 2026, we will continue to advance the Goodwin copper-nickel-cobalt project in the Bathurst mining camp, as well as our broader New Brunswick portfolio, where diamond drilling is planned to follow our recent gold discoveries at Jake Lee and Menneval."

The OTCQB, operated by OTC Markets Group Inc., is a recognized U.S. public market for entrepreneurial and development-stage companies that meet current reporting standards. Trading on the OTCQB is expected to enhance the company's visibility among U.S. investors and provide greater accessibility for trading in U.S. dollars during U.S. market hours. Real-time quotes and market information will be available on the OTC Markets website under the ticker SXLXF, supporting increased liquidity and broader investor engagement.

The company's common shares will continue to trade on the TSX Venture Exchange under the symbol SXL.

About Slam Exploration Ltd.

Slam Exploration is a publicly listed resource company with a 40,000-hectare portfolio of mineral claim holdings in the mineral-rich province of New Brunswick. This portfolio is built around the Goodwin copper-nickel-cobalt project in the Bathurst mining camp (BMC) of New Brunswick. The company drilled 10 holes in the 2025 diamond drilling campaign on the Goodwin copper-nickel-cobalt project. This followed significant copper, nickel and cobalt intercepts from 15 diamond drill holes reported by the company in 2024. These include a 64.90-metre core interval, grading 2.19 per cent CuEq (copper equivalent) (copper-nickel-cobalt), including 3.84 per cent CuEq over a 31.20-metre core interval, from hole GW24-02, as reported in a news release Aug. 7, 2024. Significant gold values were also reported with up to 3.31 grams per tonne (g/t) over 0.5 metre in hole GW24-01.

The company discovered a new gold vein at Jake Lee in 2025 and recently reported up to 40.5 g/t gold and 63.30 g/t silver from channel samples cut from the vein. A 200-metre-by-400-metre soil anomaly with gold grading up to 0.98 g/t gold lies adjacent to the east and north of the new gold vein. The Jake Lee claims are located 25 kilometres southeast of the Clarence Stream gold deposit, where Galway Metals Inc.'s Clarence stream is host to a 12.4-million-tonne indicated resource of 922,000 ounces at a grade of 2.31 g/t gold plus an inferred resource of 16.1 million tonnes with 1,334,000 ounces at a grade of 2.60 g/t gold (reference: "Updated Mineral Resource Statement, Clarence Stream Deposits, New Brunswick, Canada, by SLR Consulting (Canada) Ltd., March 31, 2022).

The company reported an expansion of the soil coverage on the Menneval gold project on Jan. 7, 2026. A gold soil anomaly extends approximately 3,000 metres by 2,500 metres with gold-bearing samples ranging from 0.005 g/t to 0.683 g/t gold. The results indicate potential extensions to a swarm of quartz veins previously discovered by Slam. The company previously reported core intervals include 3,955 g/t gold over 0.1 metre from the No. 18 vein (Dec. 3, 2020), as well as 162.5 g/t gold over 0.2 metre (Dec. 13, 2021) and 56.90 g/t gold over 0.5 metre (Nov. 22, 2022) from the Maisie vein.

The company is a project generator and expects to receive significant cash and share payments in 2026. Slam received 1.2 million shares plus cash from Nine Mile Metals Inc. in 2025 pursuant to the Wedge project agreement. Also in 2025, the company received a cash payment of $60,000, as well as 180,000 shares of a private company pursuant to the Ramsay gold agreement. The company holds NSR (net smelter return) royalties and expects to receive additional cash and share payments on the Wedge copper zinc project and on the Ramsay gold project.

Qualifying statements

Mike Taylor, PGeo, president and CEO of Slam Exploration, is a qualified person, as defined by National Instrument 43-101, and has approved the contents of this news release.

We seek Safe Harbor.