Adelayde closes $10,000 final tranche of financing

Mr. James Nelson reports ADELAYDE CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT FINANCINGS Further to its news releases dated Nov. 12, 2025, and Dec. 5, 2025, Adelayde Exploration Inc. has closed the final tranche of its non-brokered private placement financing. In this final tranche, the company issued 100,000 non-flow-through units at a price of 10 cents per non-flow-through unit for gross proceeds of $10,000. James Nelson, president of Adelayde, stated: "We would like to thank our shareholders and subscribers for your continued support. We have successfully closed over $2-million in financing, providing us with the resources to be very active on multiple fronts with a robust marketing plan throughout the 2026 work programs." Each non-flow-through unit consists of one non-flow-through common share and one transferable common share purchase warrant, with each non-flow-through warrant entitling the holder to acquire one non-flow-through share at a price of 20 cents per non-flow-through warrant share for a period of five years from the closing of this tranche. In connection with the closing of this tranche, the company paid aggregate cash finders' fees of $800 and issued 8,000 non-transferable non-flow-through share purchase warrants, with each non-flow-through finder warrant entitling the holder thereof to acquire one non-flow-through share at a price of 20 cents per non-flow-through finder warrant share for a period of two years from the date of closing. All securities issued in connection with this tranche are subject to a statutory hold period expiring four months and one day after the date of closing. The company has closed total aggregate gross proceeds of $977,500 in non-flow-through funds and $1,049,500.14 in flow-through funds from the sale of the first tranche and the final tranche consisting of 17,848,078 total shares being issued from both tranches. Flow-through funds will be used on the company's existing properties in Canada. Non-flow-through funds will be used toward the company's general working capital. Qualified person for mining disclosure The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a director of the company and qualified person as defined by National Instrument 43-101. We seek Safe Harbor.