Mr. Stephen Stares reports

VINLAND LITHIUM INC PROVIDES CORPORATE UPDATE AND EXPLORATION PLANS

The 2026 exploration program on Vinland Lithium Inc.'s 100-per-cent-owned Killick lithium project will commence the second half of July. This year's program will focus on advancing the project through targeted prospecting, geological mapping and geochemical sampling work along with ground geophysics.

In addition, the company has entered into a land purchase agreement with a prospector to acquire four claim units for a combination of cash and shares. The shares are subject to Toronto Stock Exchange approval and will have a four-month-plus-one-day hold restriction.

A review of the companies sampling database has revealed highly anomalous tungsten with one sample exceeding the maximum detection limit of more than 1,000 parts per million (ppm). This will be a high-priority area for further follow-up. During a due diligence property visit, Vinland staff collected 11 samples from the same tungsten occurrence and have submitted them for analysis. Results will be released when received.

Vinland's Killick project sits along the key structural corridor of the Appalachian-Caledonian orogen, which is host to the Piedmont tin-tungsten-spodumene belt and the Ireland-Leinster spodumene belt. To date, the Killick lithium project is Newfoundland's only known lithium-spodumene and pollucite-cesium pegmatite discovery and covers approximately 48 kilometres (km) of favourable host geology.

2026 exploration plans

• Prospecting follow-up on the 2025 discovery of lithium-rich float up to 1.70 per cent Li2O at Kraken West and South;
• Prospecting and mapping for the potential of tin-tungsten within the large Killick land package;
• Prospecting follow-up on 485 ppm lithium (Li) in a previously unsampled area 1.2 kilometres (km) north of the Killick dike;
• Continued till sampling across multiple areas with elevated spodumene grain counts to further define new target areas for lithium, cesium, tin and tungsten;
• Continued detailed ground geophysics using magnetics and VLF-EM (very low frequency electromagnetic) at Kraken-Killick, which significantly improved resolution over prior airborne targets;
• Prospecting and till sampling follow-up for gold potential in broad areas of strong quartz-veining and arsenopyrite mineralization along the Gunflap Hills fault zone'
• Follow-up diamond drilling on significant identified targets and known zones.

Vinland is also pleased to report that it has continued with the partnership with the critical minerals research initiative between St. Francis Xavier University, Memorial University and the Newfoundland Geological Survey in researching the lithium pegmatites in southwestern Newfoundland. A total of $1.3-million over four years is being directed toward detailed research on the property.

About Vinland Lithium Inc.

Vinland is a mineral exploration company listed on the TSX Venture Exchange under the symbol VLD. Vinland holds a 100-per-cent interest in the Killick lithium project in southwestern Newfoundland, subject only to a 2-per-cent net smelter return (NSR) royalty (1 per cent each to Benton Resources and Pirate Gold).

Vinland is focused on advancing the recently discovered Killick lithium project, which covers 30 kilometres of highly prospective geological terrane in proximity to the Baie d'Est fault. The project boasts multiple spodumene-pegmatites within the Kraken pegmatite field and high-grade cesium-tantalum-lithium hosted in the Hydra pegmatite. Further potential for discovery is excellent given the extensive number of untested geochemical and geophysical targets present.

All initial drilling phases at the Killick lithium project to date have returned impressive results from multiple pegmatites, including: 8.4 metres of 0.95 per cent Li2O in GH-22-01 at the Kraken dike, 16.2 m of 0.43 per cent Li2O in GH-22-05 at the Kraken north dike, 20.82 m of 0.60 per cent Li2O, including 5.5 m of 1.16 per cent Li2O, in GH-22-15, and 8.37 m of 0.91 per cent Li2O in GH-22-08 at the east dike, and 15.23 m of 1.04 per cent Li2O in GH-22-27 and 13.37 m of 1.22 per cent Li2O in GH-22-45 at the Killick dike. At the Hydra cesium dike, initial channel sample results to 8.75 per cent Cs2O, 0.41 per cent Li2O, 0.025 per cent Ta2O5 and 0.33 per cent Rb2O over 1.2 metres, including 13.57 per cent Cs20 and 0.32 per cent Li20 over 0.4 metre.

QA/QC (quality assurance/quality control) protocols

Rock and core samples from 2022 to 2025 were submitted to SGS Canada Inc. in Grand Falls-Windsor, Nfld., for preparation and then sent to the SGS Canada Inc. analytical laboratory in Burnaby, B.C., for analysis. All samples were acquired by hand (rocks) or sawcut (channels/drill core) and delivered by Vinland personnel, in sealed bags, to the Grand Falls-Windsor prep lab of SGS, which is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using SGS's GS_IMS91A50 method that delivers a 56-element package utilizing sodium peroxide fusion, ICP-AES (inductively coupled plasma atomic emission spectroscopy) and ICP-MS (inductively coupled plasma mass spectrometry) analytical techniques. All reported assays are uncut. Soil samples were collected by Vinland personnel utilizing a standard Dutch-auger, collecting B horizon soil, where possible. Where B was not present, the soil horizon or type was noted. Soil samples were sent to Eastern Analytical Ltd., in Springdale, Nfld., for lithium (Li), tantalum (Ta), antimony (Sn) and niobium (Nb) analyses by four-acid digestion, analyzed by ICP-OES (inductively coupled plasma optical emission spectroscopy). Some historic rock samples were analyzed using Eastern's Au (fire assay) at 30 grams plus ICP-34 method that delivers a 34-element package utilizing a 200-milligram subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Eastern Analytical achieved ISO 17025 accreditation in February, 2014 (for more details on the scope of accreditation, visit the CALA website). Till samples were collected by Vinland personnel utilizing conventional shovel dug holes and screened to minus 10 millimetres in the field. Samples were shipped to Overburden Drilling Management (ODM) in Nepean, Ont., for analysis using its standard lithium indicator mineral package. Grab samples are selective in nature and may not represent the average mineralization of a bedrock exposure.

QP (qualified person) statement

Barry Sparkes, PGeo, vice-president of exploration for Vinland Lithium, the qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

We seek Safe Harbor.