Trailbreaker Closes $3.5m Flow-Through Financing

• The most recent release, dated March 31, 2026, announces that Trailbreaker Resources is seeking TSX Venture Exchange approval to extend the expiry of 2,000,000 common share purchase warrants by one year.
• The warrants were originally issued on April 10, 2024, with a $0.60 exercise price and a two-year term. The proposed extension moves the expiry date to April 10, 2027, while keeping the exercise price unchanged.
• This administrative action follows closely on the heels of the company's March 25, 2026 closing of a $3.5 million non-brokered charity flow-through private placement, which provided fresh capital for near-term exploration.
• Historically, the company has been aggressively consolidating land and securing permits across British Columbia, notably receiving a 5-year drill permit for the Coho Cu-Au property in January 2026 and expanding the surface footprint of the Atsutla Gold project.

• The warrant extension is purely administrative and carries zero operational or financial impact. It does not inject new capital, alter the company's cash position, or change exploration timelines.
• The move is standard corporate housekeeping designed to preserve potential future equity upside and avoid immediate warrant expiry dilution or administrative cleanup.
• Given the stock is currently trading at $0.42, well below the $0.60 strike price, the warrants are out-of-the-money. The extension simply provides additional time for the stock to potentially appreciate, but it does not guarantee exercise or capital inflow.
• In the context of the recent $3.5 million financing and ongoing permit approvals, this news is fully expected and adds no new fundamental information.

• Trailbreaker Resources is a junior exploration company focused on acquiring and advancing early-stage gold, copper, and critical mineral projects across British Columbia and the Yukon.
• Flagship Project: Atsutla Gold Project (BC) features the undrilled Highlands zone, where surface grab samples have returned high-grade gold and silver values. The project is fully permitted for drilling on two targets (Highlands orogenic gold and Swan Cu-Au-Ag porphyry).
• Secondary Priority: Coho Cu-Au Property (BC), an 8,000-hectare drill-ready porphyry target adjacent to Pacific Ridge's Chuchi deposit. The company secured a 5-year area-based drill permit in January 2026, enabling up to 50 drill pads.
• Portfolio Strategy: The company employs an aggressive land consolidation and option agreement model, rapidly adding properties (Wheaton, Liberty, Castle Rock) while deferring near-term capital outlays through staged earn-in structures.