Dr. Michael Gunning reports

VR RESOURCES ANNOUNCES $500,000 BROKERED PRIVATE PLACEMENT LED BY CENTURION ONE CAPITAL

VR Resources Ltd. has entered into an agreement with Centurion One Capital Corp. as lead agent and sole bookrunner in connection with a brokered private placement. The company initially plans to raise up to $500,000 through the sale of up to two million units at an issue price of 25 cents per unit on a commercially reasonable efforts basis. Each unit shall consist of one common share in the capital of the company and one share purchase warrant. Each full warrant shall entitle the holder thereof to purchase one share at a price of 30 cents per share for a period of 36 months from the closing date (as defined below).

The company has also granted the lead agent an option, exercisable in whole or in part at any time up to and until two business days prior to the closing of the offering, to increase the size of the offering by up to an additional two million units, on the same terms as the offering.

Use of proceeds -- planned exploration drilling, Nevada.

Proceeds of the offering will be used for the planned upcoming diamond drill program at its New Boston tungsten-molybdenum-copper-silver porphyry project in Nevada, marketing and general corporate expenses.

It is anticipated that certain insiders of the company, the lead agent and certain affiliates may acquire units in the offering in amounts up to approximately 50 per cent of the offering. Any participation by insiders in the offering will constitute a related party transaction as defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company expects such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the units subscribed for by the insiders, nor the consideration for the units paid by such insiders, is expected to exceed 25 per cent of the company's market capitalization.

In connection with the offering, the company will pay the lead agent a commission consisting of: 8 per cent of the aggregate cash proceeds received from the sale of the units payable in cash; a number of non-transferable warrants equal to 8 per cent of the aggregate number of units issued under the offering, on identical terms as the units issued pursuant to the offering, and in accordance with the policies of the TSX Venture Exchange. Each broker warrant will be exercisable for a period of 36 months to acquire one unit, having the same terms and conditions as the units issued under the offering, at the issue price. The warrants acquired upon exercise of the broker warrants shall be exercisable for a period of 36 months from the closing date (as defined below).

The offering is expected to close on or around April 30, 2026, or such other date as agreed upon between the company and the lead agent, and the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the exchange. The securities to be issued under the offering will have a hold period of four months and one day from the closing date.

About VR Resources Ltd.

VR is an established junior exploration company based in Vancouver. VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada, United States, and Ontario, Canada. VR applies modern exploration technologies, in-house experience and expertise in greenfields exploration to large-footprint systems in underexplored areas/districts. The foundation of VR is the proven record of its board in early stage exploration, discovery, and M&A (mergers and acquisitions). VR owns its projects outright and evaluates new opportunities on a continuing basis, whether by staking or acquisition.

We seek Safe Harbor.