Exploits closes charity portion of FT financing

Mr. Jeff Swinoga reports EXPLOITS CLOSES CHARITY PORTION OF ITS FLOW THROUGH FINANCING WITH QUEBEC FUNDS Further to the news release of Dec. 18, 2025, Exploits Discovery Corp. has closed the charity portion of its flow-through non-brokered private placement with Sidex and NQ Investissement minier, and issued an aggregate of 16,666,666 flow-through common shares at a price of 8.7 cents for total proceeds of $1,449,999.94. All charity FT shares are subject to a four-month-and-one-day hold period expiring April 25, 2026, in accordance with applicable Canadian securities laws. "This closing is an important endorsement of our Quebec strategy and provides incremental funding to execute our winter drilling program on our highest-priority targets," noted Jeff Swinoga, president and chief executive officer of Exploits. "Our focus is disciplined, technically grounded field execution that advances our highest-conviction targets through drill testing, with near-term milestones at Fenton and across our Quebec portfolio. We thank Sidex and NQ Investissement minier for their support and partnership." Each charity FT share is intended to qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and, to the extent applicable, under Section 359.1 of the Taxation Act (Quebec). The gross proceeds from the charity FT financing will be used to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures (as both terms are defined in the tax act) in Quebec in connection with the company's exploration portfolio, including advancement activities on its Quebec gold projects. The qualifying expenditures will be incurred on or before Dec. 31, 2026, and the company will renounce the qualifying expenditures to the subscribers of the charity FT shares with an effective date no later than Dec. 31, 2025, in an aggregate amount not less than the gross proceeds raised from the issuance of the charity FT shares. In connection with the charity FT financing, the company paid certain eligible finders an aggregate cash finder's fee of $28,000. No finders' warrants were issued. The payment of finders' fees is subject to compliance with applicable securities laws and Canadian Securities Exchange policies. The company intends to close the final tranche of its flow-through financing on or before Dec. 30, 2025. About Exploits Discovery Corp. Exploits Discovery is a Canadian gold exploration company focused on increasing ounces in top-tier mining jurisdictions in Quebec and Ontario, anchored by approximately 680,000 ounces of historical gold resources across its Fenton, Wilson, Benoist and Hawkins projects. The company also holds a strategic equity position and royalty exposure to New Found Gold Corp. in Newfoundland following the sale of its Newfoundland claims in 2025. Exploits' strategy is to unlock district-scale potential across its balanced Quebec-Ontario portfolio through systematic, data-driven exploration and strategic partnerships, creating shareholder value through discovery and resource growth.