Desert Mountain closes $337,500 private placement

Mr. Robert Rohlfing reports DESERT MOUNTAIN ENERGY CORP. ANNOUNCES CLOSE OF PRIVATE PLACEMENT FINANCING Desert Mountain Energy Corp. has closed the non-brokered private placement financing as previously announced by news releases dated Jan. 14 and Jan. 19, 2026. The company has raised gross proceeds of $337,500 through the issuance of 1.35 million units at a price of 25 cents per unit. Each unit consists of one common share and one share purchase warrant, with each whole warrant allowing the subscriber to purchase one additional share of the company for a period of one year at a price of 35 cents per share. Proceeds from the financing will be used for working capital. In connection with the closing, the company paid finders' fees of $27,000 and issued 108,000 non-transferable finder warrants at a price of 25 cents per share for a 12-month period from the closing date. The units will be subject to a four-month hold period. About Desert Mountain Energy Corp. Desert Mountain Energy is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The company is focused on helium extraction from different raw gas sources in an environmental and economic manner, supplying elements deemed critical to the renewable energy and high-technology industries. We seek Safe Harbor.