Adelayde financing includes investment dealer exemption

Mr. James Nelson reports ADELAYDE ANNOUNCES INVESTMENT DEALER EXEMPTION TO PRIVATE PLACEMENT TO FUND GOLD DRILL PROGRAM IN ESMERALDA COUNTY, NEVADA A private placement to finance Adelayde Exploration Inc.'s planned gold drill program in Esmeralda county, Nevada, will also include the investment dealer exemption. James Nelson, president of Adelayde, commented: "With gold prices reaching record highs and fewer than 29 million shares currently outstanding, we believe this is an ideal time to launch a drill program on our gold project in Esmeralda county, Nevada. Nevada continues to rank among the world's top jurisdictions for gold and silver mining, making it a strategic location for exploration. "The funds from this financing will significantly strengthen our working capital position, providing us with greater flexibility to allocate resources efficiently across our portfolio and to ramp up our marketing efforts. Beyond Nevada, we also expect to be active on our tungsten project in New Brunswick, which directly borders Northcliff Resources Ltd., a company that recently (Aug. 7, 2025) secured approximately $29-million in combined funding from the U.S. Department of Defense and the Canadian government to advance their project. Additionally, we are advancing our Perron-East gold project in Quebec, located in close proximity to Amex Exploration's deposit, which was recently updated to reflect significantly enhanced economics, including a posttax IRR of 70.1 per cent and a posttax NPV of $1.085-billion (Canadian) at $2,500 (U.S.) per ounce gold (Sept. 4, 2025). With Adelayde's market capitalization currently under $2-million, any exploration success, whether in Nevada, New Brunswick or Quebec, has the potential to deliver a meaningful rerating of our valuation." In addition to other prospectus exemptions commonly relied on in private placements, the company will also make the private placement available to certain subscribers pursuant to British Columbia Instrument 45-536, Exemption from Prospectus Requirement for Certain Distributions Through an Investment Dealer. In accordance with the requirements of the investment dealer exemption, the company confirms that there is no material fact or material change about the company that has not been generally disclosed. The company announces a private placement financing to raise gross proceeds up to $1-million through an issuance of up to 20 million units at a price of five cents per unit. Each unit will comprise one common share in the capital of the company and one transferable share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of 7.5 cents per warrant share until 5 p.m. Vancouver time five years from the closing of the financing. All securities issued in connection with the financing are subject to a statutory hold period expiring four months and one day after the closing of the financing. Net proceeds will be used toward the company's general working capital. Finders' fees may be paid to eligible finders in connection with the financing. About Adelayde Exploration Inc. Adelayde's projects include three lithium projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals and Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the 124-acre Green Clay lithium project. The company also holds the 248-acre Clayton Ridge gold project in Esmeralda county, Nevada; as well as the 4,722-acre George Lake South antimony project and the 4,890-acre Sisson North tungsten project, both located in New Brunswick. We seek Safe Harbor.